Customer feedback, sales, product returns, reaction to a marketing campaign, complaints registered on an online platform – are all important data for the company. Businesses have learned over the years that every bit of this vital data hides a lot of information that is beneficial to the business. Analyzing all of this data can help uncover the secrets, trends, and patterns that they hide.
Companies Can Use This Data to
- Enhance your marketing campaigns
- Acquire new customers and retain existing customers
- Identify innovative solutions to business challenges
- Enrich and improve the lives of customers and the workforce
The increasing demand for data analytics has created a demand for skilled data science professionals. Whether you want to improve your career opportunities or earn a higher salary, switching to data science gives you many options. It can be your best career move. Let’s examine the various career opportunities and salary trends in Data Science so you can make a more informed decision about your career path.
Data Science Career Opportunities
As the world supplies more and more data every day, the need for qualified professionals who can analyze the data also increases. There are many career opportunities in this area. You can choose a career path based on your educational qualifications, certifications, experience, and preferences.
The main responsibility of a data scientist is to collect and analyze large amounts of data based on business needs and goals. Data scientists should also work with stakeholders to find out how the data can be used effectively to drive business solutions.
A data architect must create scalable database systems and define their purposes. The architect should also design the database and identify ways to test and evaluate the database’s performance. If necessary, you should also migrate data from legacy systems to new platforms.
The role of a database administrator is to maintain the database, assess its integrity and security. A data administrator is also responsible for monitoring and tracking data access and managing the backend.
The primary responsibility of a data analyst is to collect, sort, and classify data from various sources in various formats. The data analyst must then use the right tools and methods to interpret the data and find patterns and trends. You need to work with the operations or development team to implement the results of the data analysis.
A business analyst (BA) also analyzes data but focuses more on business opportunities and development. A business analyst bridges the gap between IT operations and business with the help of data analysis. You need to interpret data and translate it into a language that the operations and business development team understand.
Data Analytics Manager
The data analytics manager should have the knowledge, skills, and expertise related to data analytics and team management. You need to understand the business goals and steer the team of data analysts in the right direction to support business growth.
Business Intelligence Manager
A business intelligence (BI) manager is responsible for the team of business analysts, data analysts, data architects, and data administrators. The BI manager should be able to manage day-to-day operations and help them work as a team in solving business challenges.
Salary Development at The Data Scientist
There has been an upward trend in data scientist salaries in recent years. This is because there is a great need for skilled and skilled data science professionals. All industries are now using data analytics in marketing, operations, research and development, innovation, and customer service. A fresher with the right certification and skills can expect an average salary of Rs. 6 lakhs per year. Experienced professionals with relevant backgrounds can expect an average salary of 9 lakhs per year and above.
Basic Data Science Skills
The essential technical skills required to be a data science expert are
- Coding skills
- Knowledge of statistics and probability
- R / Python programming languages
- Basic knowledge of Spark and Hadoop
- Knowledge of SQL and NoSQL databases
- Knowledge of frameworks such as PyTorch, Keras, TensorFlow
- If you don’t have any of these technical skills, sign up for a data science training course in Bangalore to learn from an industry expert.
When it comes to soft skills, a data science professional must have logical and critical thinking. The ability to work in a team and good communication skills will tend the scale in your favor.
For more info go through Data Science Online Training