Data scientists are responsible for discovering insights from massive amounts of structured and unstructured data to help shape or meet specific business needs and goals. The data scientist role is becoming increasingly important as businesses rely more heavily on data analytics to drive decision-making and lean on automation and machine learning as core components of their IT strategies. A data scientist's main objective is to organize and analyze large amounts of data, often using software specifically designed for the task. The final results of a data scientist's analysis needs to be easy enough for all invested stakeholders to understand -- especially those working outside of IT. Get the insights by signing up for our newsletters.
So, you think you can be a data scientist. But, are you sure you have it what it takes to excel in the data science field? It's a very complicated field, and getting competitive day by day. In this post, we will go through what the industry demands of a modern data scientist in the real world, how to become a data scientist, top platforms and resources to learn the data science skills, and career advice & job search tips from data science experts. The data scientist job is definitely one of the most lucrative and hyped job roles out there. More and more businesses are becoming data-driven, the world is increasingly becoming more connected and looks like every business will need a data science practice. So, the demand for data scientists is huge. Even better, everyone acknowledges the shortfall of talent in the industry. But, becoming a data scientist is extremely complicated and competitive. The career path of a data scientist is not going to be easy.
Already crowned as the best job in America for 2016, the definition and skill set required to be a data scientist is in a constant state of flux. In this article, we take a closer look at the role of a Data Scientist in 2016. Dave Holtz writes that the title'data scientist' is often used as a blanket title to describe a set of jobs that are drastically different. He attributes this to the fact that the field of data science is still in its infancy and so is ill-defined. Adopting the all-encompassing sub-title of being part of an'interdisciplinary field', a data scientist works to extract knowledge or insights from large volumes of data in various forms.
As Frank Newport, senior scientist at Gallup, expressed it: "Whether they know it or not, AI has moved into a big percentage of Americans' lives in one way or another already." Newport made the comment in light of the results of a 2018 Gallup consumer survey. It found almost nine of ten (85%) US adults use at least one service regularly that features some element of artificial intelligence. Almost half (47%) said they used smartphone personal assistants while 32% use ride-sharing apps, such as Uber and Lyft. Twenty-two percent have home personal assistants, such as Alexa and Google Home, and 20% use smart home devices, such as smart lights or smart thermostats.
Large enterprises, startups and high-performance businesses across industries are increasingly turning to Artificial Intelligence and advanced analytics to make faster, more effective, data-driven decisions. The volume of unstructured and structured data stored by enterprises is growing at an accelerating rate. The demand for skilled data scientists and candidates with AI skills is at an all-time high. Yet developing those skills typically requires significant investments of time, energy and money. Businesses are struggling to successfully deploy and manage AI projects due to lack of resources.