Importance of Data Science in 2022: A Simple Guide

Data science has continued to be the most demanded skill in every sector. Business titans like Google and Amazon have successfully used data science to boost their ROI. Companies need data scientists to help them in their decision-making processes. 

 

 

Data science is on top of high-paying skills but with a larger skill gap. It is a subject that deals with colleting data and extracting useful insights from it.

Data science is used to predict real-life situations. For example, you can predict the number of cases of a disease that will arise in a population using data science tools with utmost accuracy. 

 

Reasons to Take Up a Data Science Course in 2022

Owing to its importance about 60% of companies use data analytics techniques. So, let's see why you should opt for a data science course in 2022.

 

Infinite Job Opportunities

Whether an IT-based company, or a healthcare service, they all need a data scientist to aid their work later or sooner. Because data science is the only way to leverage big data and take potential business decisions. 

 

 

Data scientists can play may roles and have the freedom to choose the one based on their expertise. Moreover, there are multiple requirements for data science within a single company, like data analysis, data engineering, project management, etc. It infers that sometimes a single company offers multiple jobs to data scientists.

 

A High Demand for Data Scientists

There is a shortage of data scientists everywhere. According to the US Bureau of Labour Statistics the jobs available for data scientists are growing at a rate of 27.9%. 

The digital firms with a bulk of data to manage online are constantly searching for data scientists. Almost all sectors require data scientists. The UK's National Health Service estimates it needs 90% of its staff to understand data science by 2040.* 

 

A Handsome Salary

Due to high demand and an increasing shortage of data scientists, more and more firms are hiring them for handsome salaries. The Bureau of Labour Statistics estimates that a scientist earns an average salary of $100,000. Job forums like GlassDoor say that a data analyst makes an average income of USD 70,000.

 

Makes Money Even Without a Job

Data science is one of the few fields you can use to generate a good income, even if you don’t have a high-paying job. Freelancers are slowly taking over the world. You might be one of them after taking a data science course.

 

 

That's a great opportunity. You can make money by starting to teach people how to learn data science if you are an expert in the field and share your experience to the world.

 

Data Science and Progress in Business Go Hand in Hand

Data science is being extensively used in businesses. Combined with machine learning and artificial intelligence, data science is used for:

• Identifying potential customers 
• Generating leads
• Making correct estimates of the customers' profiles
• Estimating ROI
• Mitigating risks and predicting fraud
• Managing supply chains
• Developing better business models through prototyping
• Making products or services better

 

Studies show that businesses that employ Big Data for customer analysis are more likely to acquire new customers 23 times better than their competitors and are nine times more likely to keep those customers.

 

Data Science Is the Future

People used to say the world had become a global village. Since then, a lot of advancements have been made. We can conclude that, there are miles to reach the saturation point for data science field.

 

 

Would you like to start when beginners cannot find a space to put their feet on the crowded platform? Or do you wish to take action now so that you become an expert and people approach you instead of you approaching people? The choice is yours.

 

Online Courses Data Scientists You Should Consider

Skill-Lync teaches one of the best data science online course for you. The company's experts offer great courses and unique workshops that will boost your skills in no time.

Skill-Lync offers data science course in Bangalore, data science online course in Pune, Chennai, Delhi, Mumbai and Hyderabad.

 

Programming Languages Data Scientists Should Consider

It will be no wonder if you have decided to take any course by now. Let us give you a bonus before you leave. Taking a data science course will be a great idea if you know some basic programming languages. Also, a more comprehensive data science syllabus will help you gain more knowledge about the subject. 

 

Conclusion

Well, there are a number of programming languages out there, but R programming, Scala, Java, JavaScript, C/C++, SQL, and Python for data science are the most important for data science. And for equipping yourself with the right skillset in data science, you can always pick the one from Skill-Lync.