What is Data Science all about in 2020?

For in

Hearing about the word “Data Science”, the first thing that strikes our mind is “Study of Data”. It is all about recording, storing, and analysing data to effectively extract information from raw data. In this era data science is the technology behind handling and manipulating the world’s data.

Do you know ? The world is dealing with 1.7 Mb of data generated every second by each individual. You need to understand, process and analyse the data to extract useful information.

Real-time example

You must have heard about self-driving vehicles  used for an ease in transportation and reduce deaths caused by accidents. Autonomous vehicles need to take a lot of decisions right from the route they need to travel and the vehicle dynamics to the traffic around them. All of these need a lot of data and hence data science comes into picture.

Another example will be our Google Maps that helps us navigate to our destination. All we do is choose our initial location and the destination and the Map generates the fastest route. But in the backend there are numerous processes that run. Firstly, the different possible routes are identified and the present road conditions are monitored. Then, the traffic congestions, tolls etc are taken into consideration and therefore, we navigate through the best route.

Considering the present scenario of Covid-19, Data science plays a major role in the pandemic. Data analyst collected the data of the Covid-19 affected patients from all over the world for a detailed analysis of the Covid situation in each country. This also helps the common citizen get details about the cases and take necessary preventive measure.

How important is Data Science today?

Back in 1962, Mathematician John W. Turkey predicted data analysis as an empirical science but the term was coined in 2001.  Data Science was exploded in 2010 when businesses required a detailed study on Big Data. It is gaining momentum as various start-ups are adopting innovations driven for data-technologies. Today everything we see around involves data management and hence data scientists are in demand. You show be aware that Data Science and Machine Learning is interrelated and all involve data. “Data Science” is the most demanded job in 2020.

The image shows different trends in the Data Science today and how it will affect the world in future.

What is it to become a Data Scientist?

Data Scientists are the Avengers

The boom

Data Science gained a lot of importance because :-

  • Firstly, there is a huge amount of data generated everywhere
  • Secondly, the increase in computing capabilities, IoT, Robotics and Automation.

Data Science is not only the most demanded job but there is a shortage of knowledgeable Data Scientist as well.An average Data Scientist salary is $130,000 per annum but this requires advanced education. Every job sector needs a Data Scientist expert virtually —not just in technology. 

Some of the prominent Data Science job titles are:

  • Data Scientist
  • Data Architect
  • Data Administrator
  • Data Analyst
  • Business Analyst
  • Data/Analytics Manager
  • Business Intelligence Manager

Trending skills

Knowledge of statistics and applied Mathematics and the ability to think critically with advanced programming and Machine learning skills (R/Python/Java) make up a successful data scientist. Some other add-ons are :-

Here is a list of few job openings in the field of Data Science: –

  • The AppleCare Online Support analytics team is seeking a data scientist for their online support programs.

https://jobs.apple.com/en-us/details/200063634/data-scientist-lead-manager?team=MLAI

  • Bounce is India’s first smart urban mobility solution, with a mission of making daily commute stress-free, time-saving, reliable and convenient and requires data scientist for support.

https://www.linkedin.com/jobs/view/1673494934/?alternateChannel=paview

  • Kaggle is the world’s largest community of data scientists, statisticians, and machine learning engineers and has numerous openings for Data Scientist

https://www.kaggle.com/jobs

Other openings are available in Top IT organizations and multi-national organizations.

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