The Ultimate Guide to Data Science

THE ULTIMATE GUIDE TO

DATA TIPS TOOLS & TECHNIQUES FOR SUCCESS

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Becoming the next big thing in the data science industry is the soaring opportunity right now. Yes, you read that right! Data science has been coined the most sought-after and trending career option of the decade. The demand for specialized data scientists is multiplying with the numbers reaching the skyline.

Believing US Bureau of Labor Statistics recently revealed, that the number of jobs requiring data science skills is expected to grow by 27.9% by 2026.

This is a trend that is going to last the longest time. With these numbers in place and the growing data science demand showcasing a promising future for commercial decision-making; it is time to take the move. Allow yourself time and knowledge to comprehend what it takes to be an indispensable part of this incredibly profitable industry.

Asia-Pacific Data Analytics Market Size, by Type, 2020-2030 (USD Billion)

34.2% Asia Pacific Market CAGR 2023-2030 Source: www.grandviewresearch.com

$10.0 B $8.5 B

2020

2021

2022

2023

Prescriptive Analytics

2024

2025

2026

2027

Predictive Analytics

Descriptive Analytics

2028

2029

2030

Customer Analytics

Others

Let us understand the key ingredients; Tips, tricks, and capabilities that will make you invincible in the data science industry. A quick look at this data science career guide shall pave the way.

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Is data science for you?

Anyone, whether a newcomer or a professional, willing to learn data science can opt. Engineers, marketing professionals, software, and IT professionals can take up this career field. If you have the zest to make it big in the industry and are ready to learn a massively rewarding skillset; data science is for you.

What makes it a profitable industry of the future?

As a thriving industry, data science has a high demand across industries, including finance, healthcare, eCommerce, and technology. Data scientists enjoy competitive salaries and benefits due to their specialized skills. With the global level of demand for data scientists, there is immense pressure on hiring a quality talent pool.

As per PW skills, a data scientist is one of the most in-demand job profiles in 2024. LinkedIn has called data science 'the most promising career.' Glassdoor has coined it 'the best job in America.' Going ahead, as per the Occupational Outlook Handbook, employment of data scientists is projected to grow 35% by 2032. This score is much faster than the average for all occupations.

Is it easy to navigate into a data science career?

Thinking of a career switch in your 30s and still confused? No age is too late to begin your career path in data science. To get started in any data science role, earning a certification or a degree can be a great entry point. Bachelor's and Master's degrees in STEM or equivalent fields shall enable you to build a thriving career. If you have a keen interest in mathematics, statistics, and programming; data science is the field of work for you.

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Data Science Career Roadmap 2024:

1. Strong Foundation in STEM You must begin strengthening your capabilities in any of the STEM subject right from the school years.

2. A Lifelong Learner's Attitude You should never shy away from unlearning older ways of doing things and staying abreast with the latest nuances in the data science industry. Attend conferences, take online courses, and read industry publications to stay ahead of the curve.

3. Practice is the Key Practising and putting learned data science skills into practice over again shall bring in increased efficiency and hone your skill sets manifold.

4. Programming Languages Python, R, C++, Scala, Java, and many other programming languages are a must to be mastered to become a specialized data science professional.

5. Data Visualization and Mining Learning the art of visually aesthetic data presentation helps in communicating complex data insights clearly and concisely.

6. Machine Learning Being a subset of artificial intelligence, machine learning involves building powerful ML algorithms that can enable business decision predictions.

7. Decision-Making This is a pivotal trait you must endorse when planning to begin a career in data science as you will be responsible for bringing forth key business insights for amplified growth.

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Rewarding Data science jobs: Computer Science/IT

Depending on the tenure of the data science

Software Development

professional, a data scientist can earn an average salary between USD 52,590- USD 165,230 annually

Machine Learning

Data Science

(Recruiter.com). This makes a diversified role entry an inviting plan. Data science manager, computer

Domains/ Business Knowledge

scientist, data analytics manager, data analyst, and

Traditional Research

many other roles are great opportunities to get into.

Math & Statistics

Source: Medium

Salary Comparison

By Experience:

224,000 USD +06%

Data Scientist l United States

211,000 USD +10%

192,000 USD +17%

Average Monthly Salary

165,000 USD +42%

116,000 USD +23%

94,600 USD

<2 Years

2 to 5

5 to 10

10 to 15

15 to 20

20+ Years

Source: Interviewbit.com

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Popular data science tools to master: When choosing a data science tool, you must consider its:

POPULARITY

EASE OF USE

SCALABILITY

There are many data science tools that one needs to master to make a future proof career in data science. They are:

APACHE SPARK

APACHE HADOOP

KNIME

TABLEAU

TENSORFLOW

SAS

Top Countries in High Demand for Data Scientists:

USA

Canada

United Kingdom

Germany

China

Data Science Global Giants:

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Certifications to take you closer to the top jobs: Data science is a discipline that targets working across domains and allowing enough space to grow and excel. This is not all. To reach the pinnacle of your data science career, you need to earn credible data science certifications that stand the test of time and grant you in-demand data scientist skills.

Future-proofing your career in data science, a data scientist certification sets you on a higher pedestal with the best skills and expertise at display. This eventually leads you to earn a higher income bracket salary. The United States Data Science Institute (USDSI®) is a name of repute in the data science certification providers domain; that has been fulfilling the dreams of millions of aspirants with their everso-contemporary curriculum and trainers on-board. They have a lot to offer to a beginner or even an experienced industry personnel.

Final Word: If you are still on the borderline of whether to take the plunge or otherwise; this is your calling. Make the right move as you bring on the heat back in the data science industry with the best skills on display.

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About The United States Data Science Institute (USDSI®) is

MASTER THE NUANCES OF DATA SCIENCE WITH

deemed a high-end and in-depth technical certification provider for Data Science Professionals and leads the global panorama in Data Science Organizational Transformation, Innovation, and Leadership. USDSI® researches, designs, and certifies personnel who enter or engage in various emerging Data Science Majors.

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