Data Science: Salary Report

Last updated on Oct 24, 20195761
ebook
  • Overview of Data Science, and Ways to Become a Data Scientist
  • Job Description of a Data Scientist
  • Data Scientist Salary overview, Based on Skills, Experience, Location and more
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About the eBook

As organizations have stepped into the realm of Big Data, the need for its storage also grew. This massive amount of data has been a significant challenge and cause for concern for the enterprise industries, and the pivotal interest has been on building frameworks and solutions to store data. Now when Hadoop and other frameworks have successfully solved the problem of storage, the central focus is the processing stage of this data, and this is where Data Science comes into play. Therefore, it is essential to understand what is Data Science and how can it add value to your business.

A data scientist is pivotal to any organization, which is required to perform statistical analysis of data stored in data warehouses or data centers, carry out retrieval processes on a huge amount of data to ascertain trends, and mine other relevant information with data-insights to resolve a variety of business informational challenges, optimize performance, and gather business intelligence. The data scientist is also expected to employ statistical models and investigate past and current data from data warehouses or centers to develop recommendations and suggestions that help in ideal business decision-making.

The growth and development of data science may be attributed, in part, to developments in the field of machine learning, which is a sub-field in the domain of artificial intelligence used to uncover patterns in data from which predictive models can be designed. While data scientists are required to use their skills to find and interpret rich data, there are, nevertheless, a number of domains where their services are required. These domains include medical informatics, social sciences, the biological sciences, health care, and the humanities, to name a few. Data Science is also hugely relevant in economics, finance, and business domain. 

Download this eBook to understand the skills needed to become a Data Scientist, their growing demand, and the Data Scientist salaries offered currently, determined based on various factors like location and experience. Get a deep understanding of the field and the profession and begin your journey in the Data Science field today.

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