The increasing buzz around data science has already attracted a lot of computing enthusiasts and the demand for data science professionals seems to go up with each passing day. In addition, the gap between the availability of skilled professionals and the demand is quite substantial, which makes it even more of an exciting career path.
The Glassdoor Report last year (Glassdoor’s 50 Best Jobs In America For 2018) named data scientist as the best job in the US for three years running. The report took into consideration three key factors, namely job satisfaction rating, median annual base salary, and the number of job openings. Each of these three factors was given equal importance, and it was found that data science jobs excelled across all three.
Data science has emerged as an extremely lucrative career choice where big companies pay their data scientists top dollars. As experts are calling this domain the one with hot jobs for the future, more and more people are rushing to learn ways that would help them crack their data science interviews.
During the past few years, we’ve been experiencing an upward trend in talent acquisition in the field of machine learning. Though this field has traditionally been considered as something that only institutions working with huge amount of resources could utilize, wide implementation of machine learning today has transformed the scenario completely. From e-commerce to software product to different business landscapes – machine learning is being implemented to a great extent. As a result, there’s a huge demand of machine learning professionals across industries, throughout the globe.
In the past few years, the field of data science has grown exponentially. In today’s information-driven world, data is playing a crucial role in every industry – from cybersecurity, healthcare, online retail, banking and insurance, to digital marketing, SEO and several others. No wonder why businesses have started relying on data heavily. And this triggers a boom in diverse job openings related to data science. Among all these positions, perhaps the most overlapping two are that of a data scientist and a data analyst. There’re many who get confused between these two titles and some of them even think that data scientist is just another glammed up word for data analyst.
With exceptional emergence and implementation of big data and analytics, both AI and machine learning have become two buzzwords in the industry right now. And they often seem to be used interchangeably. However, they shouldn’t be considered as one thing since there’re some clear differences that make AI and machine learning separate. If you’re like a majority of the marketers, and are perhaps planning to any or both of these, it becomes all the more important to have a solid understanding of the differences between them.