Data science is driving the industry crazy. It is trending everywhere. Everyone is talking about data science. Whether it’s data science in the industry or data science as a career. Over time, it has become like a superhero! Along with this, we all have frequently heard that data science is one of the most lucrative career options. Do you ever wonder why the companies are offering such a high amount of salaries to the data scientists?
The answer to this question is very simple. We value those things more which are less available. The case of data scientists is also the same. The salaries of data scientists are skyrocketing because there is a shortage of data scientists in the industry. As per the McKinsey report, the United States is facing a shortage of approximately 140,000 data scientists.
Let’s understand why there is a shortage of data scientists and what do companies look for in them.
WHY IS THERE A SHORTAGE?
The major reason why there is a shortage of data scientists in the industry is lack of skills. A person is not valued by its percentages and degrees, but by his skills. Data scientists are highly skilled persons who are supposed to possess technical skills as well as non-technical skills.
But the companies are not able to find the required data science skills in the data science aspirants. That’s why there is a huge shortage of data scientists in the industry.
The other major problem that beginners are facing is that companies are demanding a master’s degree with some years of experience. This is a major issue for them. Being a beginner, they have no experience in the domain of data science and the companies are demanding experience because it’s required for the job. So, that forms a deadlock.
SKILLS FOR DATA SCIENTISTS
Let’s have a look at the skills that companies are looking for in a data science aspirant. The skills are broadly divided into two categories, i.e. technical skills and non-technical skills.
Technical skills:
In technical skills, a data scientist must have good command over mathematics, statistics, probability, programming, tableau, and big data technologies. Here is the list of technical skills that a data scientist must have:
● Descriptive statistics
● Inferential statistics
● Linear algebra
● Calculus
● Discrete math
● Optimization theory
● Python
● R
● Database query language
● Tableau
● Big data technologies
Non-technical skills:
Along with technical skills, non-technical skills are also important for a data scientist. Here are the non-technical skills:
● Data intuition
● Data inquisitiveness
● Business expertise
● Communication skills
● Teamwork
CONCLUSION
These are the skills which a data scientist must possess and skills are the foremost reason why there is a shortage of data scientists in the industry. Work on the above-mentioned skills to drive your career to data science! So what are you waiting for then? Join this data scientist course in Pune and do the needed hard work to build a successful career in data science.
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Data science is driving the industry crazy. It is trending everywhere. Everyone is talking about data science. Whether it’s data science in the industry or data science as a career. Over time, it has become like a superhero! Along with this, we all have frequently heard that data science is one of the most lucrative career options. Do you ever wonder why the companies are offering such a high amount of salaries to the data scientists?
The answer to this question is very simple. We value those things more which are less available. The case of data scientists is also the same. The salaries of data scientists are skyrocketing because there is a shortage of data scientists in the industry. As per the McKinsey report, the United States is facing a shortage of approximately 140,000 data scientists.
Let’s understand why there is a shortage of data scientists and what do companies look for in them.
After the experiment scientists organize and analyze the data.
Because based on the data scientists will be able to know if their hypothesis is correct or not.
By studying the data produced by __________, scientists hope to improve the prediction of weather phenomena
During experiments, scientists collect data based on the observations they make. Scientists make decisions based on their analysis of data. Data can be organized into diagrams, charts, graphs, equations, matrices, and tables. Sometimes data are expressed in verbal or written forms that describe observations. Often, data are expressed in numerical form based on measurements such as time, temperature, length, mass, area, volume, or numerical counts of matter. Scientists usually consider data from an experiment valid after that experiment has been repeated several times and yielded similar results.
The study is rejected.
After the experiment, scientists organize and analyze the data.
Scientists perform experiments to collect data.
Scientists organize and INQUIRE their data after an experiment.
Scientists organize data in the form of Tables and Graphs.
After the experiment, scientists organize and analyze the data.
After the experiment scientists organize and analyze the data.
Non-scientists provide additional sources of data that scientists can use.
Data scientists are data analytics experts who discover trends and patterns of data by using their skills like industry knowledge, contextual understanding etc. In business, data scientists work is to mine big data into information which can be used to predict either customer behaviour and identify new opportunities to enhance growth of an organization. Learn more about data scientists and data science at Learnbay institute.
Why are data tables useful to scientists? It is Important for scientist to use data because data is what they use to write their observation
Statistics is a type of math utilized by scientists to analyze their data.
What is a tool that scientists use to find patterns in their data
Data Management?