A better understanding is what we desire in every industry, be it for achieving greater potential or for increasing efficiency, and data science offers just that. The impact of data science is immense on every single industry as today there is a greater need for digital transformation and data-driven business strategies. Thus, companies big or small are keen to adopt data science techniques as a result of which data science has emerged as a top career field for many who desire greater opportunities, hefty pay packages, and fascinating job roles!
So, what makes data science lucrative?
High demand is gradually increasing!
Owing to the boom in digital technology data generation capacity of the world has increased to several zettabytes. Business organizations cannot ignore data as it is the key to important insights and trends, for which they require skilled data scientists. Thus, the role of data scientists has become indispensable for any organization planning to leverage data. Moreover, data science is now applied in a variety of fields such as the health care system, fraud detection, intelligence gathering, sports research, and many more. Eventually, the demand for data scientists has been increasing at a phenomenal rate.
Hefty Salary and great opportunities
In 2018 Burtch Works undertook a study according to which the entry-level salary of a data scientist is USD 95000, while an experienced data scientist can earn anything between USD 165K to 250K!
PayScale reports that in India the average salary of a data scientist is Rs 708,012 and if you possess machine learning skills then your salary can be more than Rs 860,712. This is huge compared to any other career field and recent trends show that it is not going to go down any soon.
Moreover, owing to its application in multiple fields, a Data science course can land you on a job in the field of your choice and there are almost no other career fields that offer such flexibility!
Future Proof and highly revered
One of the most lucrative aspects of a career in Data science is the fact that it is absolutely future-proof and offers unrivaled job security. At a time when most IT professionals are afraid of layoffs owing to automation and digitization, a data scientist never has to fear anything as any digitally-driven business strategy will require the expertise of a data scientist.
Importantly a data scientist plays a crucial role in any organization today as it is the skills of a data scientist that brings growth and adds value to a company. The data scientist is also responsible for key tasks like weeding out inefficiencies and therefore data scientists are highly revered in any industry.
Hence, enroll in a good data science course today and enjoy all such wonderful benefits!