Data science is the study of various aspects of data and digging out meaningful insights from the data relating to the trends and behavior in order to strengthen the decision support systems. It facilitates businesses by interpreting the data to make informed decisions. A data scientist is a professional that carries out the activities of data science. As per the Harvard university’s comment, it is the highest demanding profession today.
Current scenario of data science field
Due to the expertise of data science in extracting meaningful information from tons of data, the profession of data scientist is required in millions. It is also considered as the highest paying job. This need for data scientists will keep on increasing as the data being collected does not have any boundaries.
Currently, there are 1.4 lakh job vacancies available for data scientists. By 2021 there will be the necessity of 2.3 lakh data scientists. So that makes an increase in the demand for these professionals by 417%. Glassdoor has also ranked it as the best job to pursue.