Importance of Learning Data Science

Published on: 27 May 2021 Last Updated on: 05 March 2022
Importance of Learning Data Science

Data science is a perfect blend of algorithms, tools, and machine learning principles to find different hidden patterns from the raw data. It encompasses the exploratory analysis from it and uses various machine learning algorithms to accurately predict the future.

A data scientist perceives data from different angles to ensure they know the data’s ins and outs; some are not known earlier. All the ideas in science-fiction movies of Hollywood can turn into reality by data science.

Lately, data science has become a tool to make a prediction about the future, making use of predictive casual analytics, machine learning, and prescriptive analytics (Predictive and decision science).

Data science is related to big data, machine learning, and data mining. It applies knowledge and actionable insights from data across a broad range of application domains.

What Is Data Science?

Data science is also known as a concept to unify data analytics, statistics, informatics, and their related methods to analyze and understand actual phenomena with data. It uses tools, techniques, and theories taken from several fields such as statistics, mathematics, information science, domain knowledge, and computer science.

So if someone wants to learn data science, he needs to take a specially designed Data Science course and start a promising career in this domain. This article is all about learning data science and the benefits of taking a data science course.

Why Learn Data Science?

Data science has been hailed as one of the most exciting jobs of the 21st century. Here are some of the reasons that make data science important and highly paid professionals.

A Fuel of the 21st Century:

In the 21st century, the industry is driving through a force called Data. Several industries, including automobile industries, are using data to improve their business. Data science is also called the electricity that powers the industries today.

They need data to improve their productivity, make their business grow, and offer the best products to their customers. Data scientists make valuable sense of data with their tools in order to make profound decisions. They also use high-performing computing to solve complex data problems.

Huge Demand And less Supply:

There is a huge abundance of data, but there are no proper resources to convert this data into useful products. There is a lack of skilled professionals who help companies utilize the potential that data holds.

We can say that there is a lack of data literacy in the market in order to fill this gap in supply. So it’s worth learning data science in its high-demanding time.

A Lucrative Career:

According to Glassdoor, a data scientist can earn more than the national average salary, where the average salary for a Data Scientist is $117,345/yr, and the national average salary is $44,456 yearly. So this makes data science a highly lucrative career choice.

The absence of data scientists is resulting in a double increase in income. So learning data science is beneficial, and a data scientist can enjoy the position of prestige in the company.

Benefits of a Data Science Career-

Data Science In 5 Minutes | Data Science For Beginners | What Is Data Science? | Simplilearn

Today, so many professionals want to become data scientists, so it’s necessary to take a proper certification course in this domain to help them start their careers. Below mentioned are some of the advantages of starting a data science career.

1. Data Science is Versatile:

Data Science is a versatile field where numerous applications are available. Data science is vastly used in the sectors such as banking, healthcare, consultancy services, and e-commerce industries. So it offers a huge set of opportunities to work in various fields.

2. Makes Data Better:

All companies need skilled data scientists to analyze and process their data. They also want to improve their quality; here, data science improves the process in which how we perceive and understand the data.

3. Data Science Makes Products Smarter:

For customer satisfaction, Data science includes the usage of Machine Learning that helps companies create better products. For example, eCommerce websites use analytics to have insight into their customers’ needs based on previous purchases through recommendation systems. It helps computers to understand human behavior and make data-driven decisions.

4. Data Science Makes you A Better professional:

Data science provides you a great career and helps you create your better version via personal growth. It offers you a problem-solving attitude and a bridge role between IT and Management. So you can enjoy the best of both worlds.

5. Prestigious career and Highly Paid Job:

Data Scientists allow companies to make smarter decisions and provide better results to their clients. It makes them achieve an important and prestigious position in the company.

Due to their prestigious values and roles, data scientists can earn higher than other job roles. Nowadays, data science is considered one of the most highly-paid jobs as they can earn an average of $116,100 per year, which is quite an attractive salary for anyone.

Wrap Up:

Data science is a field with many lucrative advantages. However, it has its own flaws, considering how vast this field can be and its cross-disciplinary nature. But the benefits of data science can make you take this up as your future career. So are you ready to take a data science course to make your career bright and find your niche?

Read Also:

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

View all posts

Leave a Reply

Your email address will not be published. Required fields are marked *

Related

Medical Field

Top 7 Reasons the Medical Field Will Always Be In Demand

Humans have always had to face illness, from the dawn of civilization onward to today. We’ve faced plague, chronic illness, sudden disease, injury, and more at the hands of other humans and natural processes. The unfortunate reality for us is that our mortality also means facing some of life’s most difficult challenges, and facing sickness is something none of us want to do. The healthcare field exists to help with those illnesses, providing treatment, recovery, and support. Why will the medical field always be in demand?  1. Unfortunately, Sickness Will Always Be A Reality: Some of the oldest diseases to plague mankind date back to about 8,000 B.C.E., long before humans ever stepped foot on the moon or discovered antibiotics. As long as there have been microbes and animals for them to attach to, there has been illness. The unfortunate truth for us is that illness and disease will always be a part of human life, short of a sci-fi-esque superpower that prevents all illnesses. Where there is an illness, there needs to be care—and our healthcare providers are there to provide it. There will always be jobs in the field. Even during economic downturns, people still get sick. New jobs open up as technology advances and healthcare techniques evolve. Even as things like AI and machine learning come into play, you simply can’t replace the people that operate on the frontlines of our healthcare industry, providing more than just care and medical knowledge to patients. 2. It Takes A Certain Kind Of Person To Do Specific Jobs In The Field: The truth about working in healthcare is that it’s simply not for everyone. Some jobs involve long hours, stressful environments, and can even expose you to potentially harmful conditions. Let’s take our frontline workers during the pandemic, for example. We’ve all seen the pictures on social media and in the news of healthcare workers with marks on their faces from wearing masks for hours on end, their tired eyes looking at us mournfully to please follow COVID guidelines. Working in such an environment isn’t everyone’s cup of tea. It takes a certain kind of compassion and empathy to put yourself at risk to help others. That’s not to say there’s anything wrong with not wanting to do that—it’s just not something that everyone can be happy about doing on a daily basis. This does create a certain demand, however. Since not just anyone can jump into scrubs and work a 12-hour shift in a hospital, there are often openings in the field. Not every job will require such dedication and personal risk, but you get the point. 3. The Industry Is Always Growing And Changing: As we learn to better understand the human body, disease, and illness, the healthcare industry evolves and changes. We’ve come a long way from the Greek theory of four humors, but that doesn’t mean we know everything, or will ever know everything. What it does mean is that there will always be new kinds of jobs added to the healthcare field as new technology and methods emerge. Even as AI becomes more prevalent in a number of industries, something like healthcare needs people. AI simply can’t match the caring, compassionate nature of an actual person providing care to someone who’s sick. It can’t console a family when their loved one is diagnosed with cancer. It can’t hold their hand while they undergo a serious operation. The bottom line is that the industry will always change and evolve, adding new jobs and techniques, but it will always need people. People are the core of the healthcare industry. 4. Training Is Becoming More Streamlined: The industry becomes more and more competitive as training programs become more streamlined. Now, you can complete training for certain positions entirely online. This leaves more flexibility and inclusivity in the industry, but can also mean more competition. You can obtain a medical billing and coding certification online in just under a year, setting you up to enter the field very quickly. But remember that others are also taking that path, potentially blocking you from your career if you’re not doing something that helps you stand out. 5. Not Every Job Requires A Degree: When you think of healthcare, you automatically think of doctors and nurses in scrubs and white lab coats, but the truth is, there are thousands of healthcare jobs out there, and many don’t require a degree. You can become a medical biller/coder/pharmacy tech or even a dental assistant without a degree. You’ll need to get certified and complete a training program, but you won’t be in a college setting for years on end, and you won’t be thousands in debt at the end of the program. A course in Basic Life Support (BLS) can be attended online, providing you with a legitimate certificate afterward. 6. We’re Unhealthy: The truth is that the United States is not a healthy nation. Heart disease is still the number one killer of adults in the US and in many parts of the world, and things like smoking, poor eating habits, and lethargic lifestyles contribute to this pandemic. We don’t eat well, many of us don’t get enough exercise, and we practice poor stress management habits; all of which contribute to poor public health. We like to think we’re number one at a lot of things, but the sad fact is that we only fall at about 35 on the world scale when it comes to health and healthcare. 35th place is far from being a winner. 7. The Pandemic Has Shown Us Its Shortcomings: If there’s any sort of “silver lining” in the COVID-19 pandemic of 2020, it’s that the sudden onslaught of the disease has brought into sharp focus the glaring problems that exist in our current healthcare system. The bottom line? We don’t have the right infrastructure, enough dedicated people, or a good insurance system to care for our citizens. We need people who are compassionate and willing to put themselves at personal risk for others, and that’s rare enough nowadays. Read Also: Ensuring Quality Healthcare with Correct Diagnoses Seeking a Healthy Career: 10 Tempting Medical Careers to Check Out

READ MOREDetails
Path in Life

Finding Your Path in Life: 5 Ways to Determine What You Want to Do in Life

Too many people plan their lives out according to someone else’s dream. They make decisions based on what they ‘should’ do instead of what they ‘want to do’, and end up chasing money, convenience, and easy options. But trying to determine what you want to do in life is far from simple. These are five ways to solve the puzzle and determine what you want to do, and once you know, give yourself a competitive edge and download free of charge resumes from LiveCareer. Put Yourself First: One of the biggest reasons why we overlook what we actually want to do is because we feel like we have to do something for other people. Put yourself first for a change. Ignore what your parents want you to do, or your boyfriend, girlfriend, husband or wife wants you to do and think about what you would be doing if none of them were in the equation. Think About Where You Want to Be in Five Years: It sounds like a cliché interview question, but spending some time thinking about your medium and long-term goals will help shed light on what you want to do with your life. It doesn’t matter if you actually end up there in five-years-time (you probably won’t), but as a thought exercise, thinking about where you want to be can help you discover what is important to you. Find the Common Thread in Your Experiences: Looking backwards can help you moving forwards. Look back through your previous work and personal experiences. What skills have been a common thread? Are there any recurring themes? Job titles, salaries, and companies can all change, but ultimately your career will be defined by your skills. Realizing what those skills are and how to apply them to your career to provide meaning is most of the battle. Establish What You Don’t Want to Do: Sometimes you may not know what you want, but you have a strong idea of what you don’t want. This is a good starting point and can help you work out how to avoid paths that definitely don’t appeal to you. Establish what you don’t want and be specific. Don’t simply assert that you don’t like working in an office. Be more specific. Working in the Google office is not the same as working in an accountancy office, for example. What aspect of office life doesn’t appeal to you? The inflexible hours? Micromanagers? Pointless job titles? All of these can be part of the office life but don’t have to be. Run with Side Projects: Do you have a side project that you have wanted to embark on for a while but have never found the time? Then make time! Side projects are an exceptional method of exploring new possibilities and hobbies. All it takes is the right side project and a huge injection of passion, and before you know it, you could have just discovered your next career. Finding what you want to do in life is as much about sparking your curiosity, igniting your passion, and discovering your interests as it is about choosing a job. There will be obstacles, both internal and external, but finding things you want to pursue, skills you want to learn, and places you want to be in the medium to long-term future are all important steps on the path of finding what it is you want to do in life. Read Also: How To Start Your Career As A Financial Advisor? Top Things To Know Before Entering A Medical Career

READ MOREDetails
Employees

Benefits that Employees Actually Look For

As company culture is changing across US workplaces, potential employees are being more choosy about the things they’re looking for from an employer. Employees needs are different today, and so are the benefits people are looking for. To attract top talent, you’ll want to offer a strong benefits package with benefits employees are actually looking for. Recruiters are working harder to find top talent by helping companies create more attractive benefits offerings. Benefits Offerings Should Change With the Times In a recent survey by GlassDoor, approximately 60% of those asked said they strongly consider benefits and perks before accepting a job offer. A full 80% said they would prefer better benefits over a bump in pay and feel valued when employers offer good benefits. Job seekers are looking for a robust benefits package, that includes at least some of these. Benefits that Employees Actually Look For: Flexible Work Schedule: This might mean the ability to work from home or adjust your work schedule on occasion. The goal is for employees to achieve a better work-life balance, especially those with children. Companies like Netflix are leading the industry in employee flexibility, giving workers autonomy to create a schedule that works for them, while still being productive. It may mean that parents of young children come in earlier than their co-workers and leave earlier to pick their kids up. This flexibility also allows for self-care and a sense of independence and helps companies attract and retain top talent. Good Health Benefits: Employees are not interested in bare-bones, fall down and break something insurance policies or those with high deductibles. More businesses are listening and offering more benefit-rich insurance, with the option for Flexible Spending Accounts or a wider variety of plans to choose from. Employers can also opt to cover a portion of employee’s coverage as a benefit. Health insurance may be the most expensive perk that you can offer employees, but it is one of the most important. Better Vacation Time: Employees want to be able to take time off as needed. Americans are notoriously bad at using vacation days and leave $224 billion dollars in vacation time behind annually. More companies are beginning to adopt open, or unlimited, vacation policies. This can be a win-win for both employers and workers, saving an average of $1,898 per employee annually. Companies save time and money by no longer having to track employee vacation or having to pay out unused vacation days. Employees benefit by taking days as they need them, delivering more flexibility and autonomy. It sends a message to employees that the company trusts them to make their own decisions, so long as their work is not affected. Other Perks: Things like paying for parking, offering tuition assistance or a free gym membership also rank high on the list for employees. Small gestures like free snacks go a long way with employees, making them feel valued. If you aren’t working hard to create meaningful personal connections with your employees, you are making a mistake. Showing genuine interest in them, and their families if applicable, goes a long way. By offering meaningful benefits for your employees, you’ll boost morale, and retain a better workforce. Read Also: Is Your Company Offering Enough To Potential Employees? 5 Major Tips To Increase Employee Engagement In A Call Centre Industry

READ MOREDetails