Data science: the career path for professionals that want options

2Nov - by aiuniverse - 0 - In Data Science

Source- pcworld.idg.com.au

Developing data science skills is one of the best things that you can do for your career. Not only does data science open global career opportunities to you – it’s a skill that businesses use in every field across the world – but it also equips you with the capabilities that boards and CEOs will be looking for when recruiting executives. In other words, for young and ambitious professionals, it’s a skill that will help you elevate your career quickly.

Where’s the demand for data scientists, and why?

One of the reasons why data scientists are flourishing in today’s job market is because their skills are transferable just about everywhere, across all sectors and industries. City planners are gathering reams of data to build ‘smart cities’ that can cope with increased population densities. Retail has been up-ended because Amazon has so effectively leveraged data science to improve everything from logistics to marketing. Putting aside the controversies over the Australian government’s My Health Record, patient data is becoming the driving force of healthcare, and that sector is desperately recruiting data scientists to properly analyse and manage the data.

To give you an idea of just how varied data science can be in application, the Towards Data Science blog published a number of potential use cases for data science that are as varied as they are fascinating in the potential they offer their respective sectors:

  • Predicting the best retail location for a store
  • Predicting why patients are being readmitted
  • Detecting insurance fraud
  • Predicting product needs and prices live as a consumer walks into a brick-and-mortar store
  • Identifying who to call for fundraisers
  • Predicting when a patient needs behavioural health procedures partnered with their physical medical procedures

That’s just scratching the surface. Data scientists are in such demand because they transform and modernise whatever organisation they work for. They are in demand everywhere in the world, just as technology is impacting on how business is done everywhere in the world.

Developing data science skills is one of the best things that you can do for your career. Not only does data science open global career opportunities to you – it’s a skill that businesses use in every field across the world – but it also equips you with the capabilities that boards and CEOs will be looking for when recruiting executives. In other words, for young and ambitious professionals, it’s a skill that will help you elevate your career quickly.

Where’s the demand for data scientists, and why?

One of the reasons why data scientists are flourishing in today’s job market is because their skills are transferable just about everywhere, across all sectors and industries. City planners are gathering reams of data to build ‘smart cities’ that can cope with increased population densities. Retail has been up-ended because Amazon has so effectively leveraged data science to improve everything from logistics to marketing. Putting aside the controversies over the Australian government’s My Health Record, patient data is becoming the driving force of healthcare, and that sector is desperately recruiting data scientists to properly analyse and manage the data.

To give you an idea of just how varied data science can be in the application, the Towards Data Science blog published a number of potential use cases for data science that are as varied as they are fascinating in the potential they offer their respective sectors:

  • Predicting the best retail location for a store
  • Predicting why patients are being readmitted
  • Detecting insurance fraud
  • Predicting product needs and prices live as a consumer walks into a brick-and-mortar store
  • Identifying who to call for fundraisers
  • Predicting when a patient needs behavioural health procedures partnered with their physical medical procedures

That’s just scratching the surface. Data scientists are in such demand because they transform and modernise whatever organisation they work for. They are in demand everywhere in the world, just as technology is impacting on how business is done everywhere in the world.

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