Unquestionably, the job of a data scientist is paid very well and there’s an increasing demand for good data scientists. As a result, there’re lots of questions regarding what are the key skills required to become a data scientist. Truth be told, there isn’t any crystal-clear definition of a data scientist.
Emergence of big data has completely transformed and revolutionized the way we work and live. In this era where almost every aspect of our regular life has been digitized, you’ll find a huge volume of data emanating from different sources. Some of them are highly technical, while some others are more deductive. Businesses are extremely adept at capturing data from almost every nook and cranny. In addition to capturing data, businesses can also buy it or sell it to third-party sources.
You’re probably already aware that the role of data scientist has been declared as the 21st century’s hottest job because of its excellent growth prospect and high pay. Perhaps you’re also dreaming of becoming a data scientist but the idea of joining a full-time engagement is something that’s stopping you back from attaining your goal.
You may already know that machine learning is all about developing mathematical models in order to comprehend data. Here, a diverse range of technology and tools is used to identify patterns among large datasets to improve a knowledge base or a particular process. Though the concept of machine learning isn’t new, with the emergence of big data, the technology is gaining a huge momentum these days.
Data scientist jobs are often said to be the IT Industry’s highest paying jobs. And this is not applicable for a specific country or region. All over the world, data scientists are taken to be the holders of coveted job posts that not only bring them the fattest pay packets and several other perks, but accord them with a high degree or reverence as well. Even those who are in the rungs lower than the data scientists make more than peers in other professions.
Data Science has emerged as a hot dip topic over the last few years but long before that in 2012, it was declared as “The Sexiest Job of the 21st Century” in an article in Harvard Business Review. If you wonder what had made this domain so hotly discussed today, one reason could be the existence of huge data sets to work upon.