What is the future of Data science in the next coming years?

In today world every minute massive amount of data are generated from phone, website and application across the internet. Due to emergence of big data traditional data processing application are not able to handle them. Here we need skilled professionals who can analyze and interpret the required data set to help businesses make better strategic decisions. These professional are named as Data scientist.

A Data Scientist take raw data and extract useful information from them using automated methods. A data scientist will not just find the business problem, they will also capable to pick up the right problem and solve them quickly.

According to Drew Conway’s Popular Data Science Venn Diagram Popular- characterizes the data scientist as a person who must have following qualities:

These days, it seems everyone is talking about data scientist jobs. Today Data Scientist has famously been called “the sexiest job of the 21^st century”. This is really quite interested to predict future business scenarios or find useful facts. That why a day by day data scientist demand is going to high. And Data scientist are relatively hard to find day by day, especially in tight job markets.

Data Scientist Salaries:

According to Team Lease, a staffing solution company, data scientist earn 75 lakh per annum with around 5-8 year experience while an engineer’s earn 5-8 lakh per annum with the same experience.

 According to Burtch Works, data scientists earn 39 % higher salary than other predictive analytics  professionals like the annual salary of data scientist is $120,000 while the annual salary of other  professionals in predictive analytics earn $95,000.

The Robert Half Technology 2016 Salary Guide release that the salary of data scientist is nearly increase 9 percent in 2016 as compared to 2015. In other words the salary range for data scientist in 2015 was $103,000-$138,250 and in 2016 they expect then range to increase $109,000-$153,750. 

In this way Data science provides Data science solutions and consulting to unlock demand and value of the data. Move your carrers towards Analytics to make better place in the world.