Are Data Scientists in Demand in 2021?
Key Points of this Article:
• Data Scientist is one of 25 Best Jobs in America right now.
• AbduSalam InfoTech Staffing is equipped to hire you now.
• They are projecting a need in the next few years for somewhere between 140 and 190,000 deep analytical talent positions.
• 1.5 million more data-savvy managers will be needed to take full advantage of bigdata in the United States.
• It says there is going to be 1,700 job openings, with a median base salary of over $116,000, and fabulous career opportunities and job scores.
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The McKinsey Global Institute published a very well-known paper, and you can get it with this URL. And if you go to that webpage, this is what’s going to come up. And we’re going to take a quick look at this one, the executive summary. It’s a PDF that you can download. And if you open that up, you will find this page. And let’s take a look at the bottom right corner. Two numbers here, I’m going to zoom in on those. The first one, is they are projecting a need in the next few years for somewhere between 140 and 190,000 deep analytical talent positions. So, this means actual practicing data scientists. That’s a huge number; but almost ten times as high is 1.5 million more data-savvy managers will be needed to take full advantage of bigdata in the United States. Now, that’s people who aren’t necessarily doing the analysis but have to understand it, who have to speak data. And that’s one of the main purposes of this particular course, is to help people who may or may not be the practicing data scientists learn to understand what they can get out of data, and some of the methods used to get there. Let’s take a look at another article from LinkedIn. Here is a shortcut URL for it and that will bring you to this webpage: “The 25 hottest job skills that got people hired in 2014.” And take a look at number one here: statistical analysis and data mining, very closely related to data science. And just to be clear, this was number one in Australia, and Brazil, and Canada, and France, and India, and the Netherlands, and South Africa, and the United Arab Emirates, and the United Kingdom. Everywhere. And if you need a little more, let’s take a look at Glassdoor, which published an article this year, 2016, and it’s about the “25 Best Jobs in America.” And look at number one right here, it’s data scientist. And we can zoom on this information. It says there is going to be 1,700 job openings, with a median base salary of over $116,000, and fabulous career opportunities and job scores.
So, if you want to take all of this together, the conclusion you can reach is that data science pays. And I can show you a little more about that. So for instance, here’s a list of the top ten highest paying salaries that I got from US News. We have physicians (or doctors), dentists, and lawyers, and so on. Now, if we add data scientist to this list, using data from O’Reilly.com, we have to push things around. And goes in third with an average total salary (not the base we had in the other one, but the total compensation) of about $144,000 a year. That’s extraordinary. So in sum, what do we get from all this? First off, we learn that there is a very high demand for data science. Second, we learn that there is a critical need for both specialists; those are the sort of practicing data scientists; and for Generalists, the people who speak the language and know what can be done. And of course, excellent pay. And all together, this makes Data Science a compelling career alternative and a way of making you better at whatever you are doing.
