Scope of Data Science in Future & Why It Is a Good Career Option
Scope of Data Science in Future And Why It Is a Good Career Option
Data drives business and it is at the core of decision making in virtually all spheres of life. Today, there is a deluge of data and winnowing all the diverse streams of data to yield actionable intelligence is a challenging task. This is where data scientists step in and handle data in order to deliver insights that can be acted upon. Look at a career as a data scientist by joining data science courses in Bangalore and the future is bright.
Scope of Data Science in Future
The scope is vast in data science. It takes in artificial intelligence and the internet of things as well as streaming data from the internet and big data technologies. It is one thing to analyze historical data and another to handle data in real-time so that fast action can be taken to grab emerging opportunities. However, it is a challenge to gather in all the different types of unstructured data, wash it, normalize it and then prepare it for analysis. This is where data scientists make their presence felt. As businesses rely more on data in real-time the need for data scientists increases.
Regulatory compliances
Governments are imposing regulations as to how data is handled, managed and secured. It is in the realm of data science to handle all data in a responsible manner and ensure privacy where required. Regulations apply to healthcare, business, insurance, banking, governance and education. The scope, as can be seen, is vast and promising since data science has still a way to go and it will hold sway in the time to come.
Indispensable for business
One of the prime areas where data science, allied with artificial intelligence and machine learning, comes into play is in e-commerce and online services where behaviours and usage patterns of customers are constantly analyzed and in real-time. This helps businesses make recommendations that will translate to revenues. It is also at the core of AI-derived ad distribution system that serves up ads based on browser behaviours of customers.
Data is growing exponentially
You have unstructured and structured data leapfrogging in growth. In 2018 alone data was in excess of 33 zettabytes and it will grow to over 130 zettabytes by 2025, this shows the scope of Data Science in Future is very bright. Making sense of voluminous data and that too in a short time takes some skills that even analysts or IT professionals lack. This becomes the domain of data scientists with their specialized training and skills. Data scientists command salaries in excess of $ 130000. This clearly shows just how much of a demand there is for experts in data science and its importance in virtually all spheres of life.
Join Kenpro Learning’s data science courses in Bangalore and look for a bright future.