How data science is making a revolution in India’s Job Sector?

In the past few years, we have witnessed a constant and major growth in the production of data. Therefore, it would not be wrong to say that data rules our world today. The amount of data that is being produced on a daily basis is beyond anyone’s imagination all because of the growth of social media, smartphones, and the internet of things or IoT. Now, the question that arises is how are we going to handle such data? Or, what are we going to make of it? The answer is data science. To put it simply, data science technology is the amalgamation of mathematics, statistics, data analysis and machine learning which uses advanced algorithms and scientific methods in order to get meaningful information and insights from a large dataset both in the form of structured and unstructured data. With the invention of concepts like big data and machine learning, data science technology has now become an integral part of various industries like business, healthcare, finance, education, and so on. Since, data science has made its way everywhere in the world, it is only natural that data science jobs will also be in high demand. Big data engineers, data scientists and machine learning engineers are often regarded as the most sought after data science jobs or jobs, in general, in today’s world. Data science jobs are experiencing a massive surge all across the globe and India is no exception. The scope for data science technology and the need for the IT professionals to upgrade their skills is also increasing. So, without further ado, let us see how data science is having an impact and how data science technology is making a revolution in the job sectors of India.

Scope Of Data Science in Future

Saying that data science has brought about the fourth industrial revolution in the world would not be wrong. There have been major revolutions that have transformed the face of the industries around the world. Top tech companies and many startups in India have been hiring well-trained data science experts. Data scientist responsibilities are that of taking solution based decisions and for business initiatives. So, it is very clear that the future of data science in India is indeed very positive. Data science technology has caused rapid growth in industries and minimised the losses previously suffered. This has led to the increase in the demand for data scientist jobs and thus, have a good data science career.

Major companies have shifted their base from the same old traditional development to the new and advanced data science technology. In order to handle data scientist responsibilities, you must be efficient in certain fields like mathematics, statistics and computer science to name a few. Now, to learn data science is not an easy job and because data science training is relatively new and difficult, the number of data scientists are less in number which leads to thousands of job vacancies in India. Although India is only second, right behind the United States of America, when it comes to offering data science jobs, the data science technology field is a relatively new one and there are only a few people with the right expertise in this subject. The future of data science looks very promising because the applications of data science are way too many. Starting from the organisations in banking to healthcare to biotechnology to pharmaceuticals to automobile industry to data science in e-commerce, the revolutions are happening everywhere. When it comes to the cities making data science technology their ground for the growth of the IT industry, Bengaluru is recorded to have the highest number of data science and analytics jobs which is almost 27% of the total jobs closely followed by Delhi and Mumbai. The lack of supply in data scientist jobs or candidates with appropriate skills has led to rise in need of these data science jobs. So, the companies that want to maximize their profits, analyse the customer needs and make their companies better are desperately looking for data scientists or data science experts in general. The data science training programs are efficient but difficult as expertise in not just few but many areas is required which becomes a difficult task for many.

Payscale for Data Scientists

As stated earlier, there is a notable amount of gap between the demand and supply of data scientists in India which is contributed by the lack of data scientists or qualities and increase in data scientist jobs in the industries in India. Moreover, this has resulted in a steep increase in the salary of data scientists. Data scientist jobs, reportedly, offer more salary as compared to its contemporary IT jobs. A data scientist in India, on an average, earns about ₹650,000 per annum which is much higher than the average software engineers who earn approximately ₹450,000 per annum. This is an average estimate but with experience in the industry, the payscale also increases. For example, a professional with an experience of 5 years might earn upto 15lakhs per annum and a person with 10 years of experience might earn upto 20lakhs per annum. Therefore, the data science career is very lucrative and the future of data science is definitely a bright one when it comes to salaries.

Replacing Traditional Ways

Conventional IT jobs such as software development, testing, IT administrators, database managers, engineers have been dominating over the technology industry for decades now. However with the introduction of data science programs, the focus of this industry has shifted towards discovering new areas of applications of data science such as artificial intelligence and advancement in automation and thus reducing the human efforts and relying more on the machines. The data science jobs tend to replace the existing traditional IT jobs or at least their way of working. This has led to the working professionals upgrading their own skills and learning data science in order to keep pace with the growth of the industry. In order to keep themselves updated and meet the needs and demands of the technology industry, the employees are required to be well aware of data science technology and be well versed with all the latest data science programs that are happening across the globe. Not just the data scientists but there are other areas related to data science for job roles such as data architects, big data engineers and managers, data science and analytics that also promise to facilitate a fruitful data science career. If there is this much of demand just for data scientist jobs then the demand for all the above mentioned jobs combined is beyond imagination. So, making yourself acquainted with the data science programs in this era has become very important even if you are just a job aspirant as the demand for data science jobs is more than ever. In this situation, data science courses are what help the most as those are the only way to learn data science and keep yourself updated with the latest trends. There is an online institution that offers the best data science courses that there is in India and that is Great Learning. Great Learning online courses are very efficient. Therefore, in India, the data science career can be thought of as a new milestone or a new direction in the technology industry for people to have long term benefits. It is very clear that the future of data science is very promising.

Taking advantage of the Scope of Data Science

According to several surveys conducted by different organisations, there have been many revelations related to data science technology. One area in which there has been enough said and many points have been made is the area that focuses on adapting yourself to these changes and learning the tips or ways in which you can prepare yourself for a data science career. Some of those points are listed below.

1. Doing internships is the right path:

While pursuing your graduation or any other equivalent degree course, make yourself known about the internships that the IT companies offer or the entry level data science jobs. The more you involve yourself with these internships, the more experience you gain and there is really no better way to learn data science and the fields associated with it than by gaining experience while working for data science jobs. These internships also serve as platforms for networking and also for you to find mentors who will guide you for the jobs in this field.

2. Efficiency in any programming language:

As we have seen earlier, data science involves everything starting from mathematics to statistics to computer programming. So, it is natural that programming languages will also be an integral part of data science programs. Programming languages such as Python, R, SQL, etc. are what form the base of the technology. So, having an in-depth knowledge of at least one or more of these programming languages will be definitely advised as this will help in your data science jobs. Several data science courses facilitate the teaching of these programming languages. There are data science training programs in Great Learning which specialises in teaching Python and SQL languages through the Great Learning online courses. So, even if you are from a non programming background, signing up for these data science courses would be helpful.

3. Need for the working professionals to up their games:

This surge in demand for data science jobs has led to a rise in the number of both the working professionals as well as students opting for a data science career. The students or job aspirants as well as the individuals already associated with other fields are all going for data science courses be it from institutions or online sources in order to upgrade their skills. More than half of the people prefer online institutions in order to learn data science. Great Learning is an online institution which is a great platform for doing a data science course. The Great Learning online courses are really productive.

Hence, we are now well aware of the scope of data science technology and applications of data science in various fields that automatically have an impact on the future of the world as well as our careers. But we have also seen the ways in which we can make this technology a part of our lives and adapt ourselves to this change.

Conclusion

In the year 2018, an estimation of 2.9 million data science job vacancies were reported in a survey. The demand for data science jobs has shot up majorly and there seems to be no way that it will decrease or even go down a bit in near future because the requirement will grow and not cease. The revolutions that data science is making in job sectors in India is real and huge and it is time to acknowledge that and act on it accordingly. Companies like Flipkart, Amazon, Netflix have huge openings for the data science jobs. India has always been a centre for IT hub and it is experiencing a data explosion for the past few years.

We have discussed all the essential factors that are contributing to the growth of data science technology in India. We have also overviewed how India is experiencing a massive increase in the number of data science jobs and how this need has led to more desperate efforts for finding data scientists with appropriate skill sets as the companies are always looking for them in order to take all the profit making business decisions for the respective companies. We also went through how this demand has led to attracting huge salaries for data scientist jobs as compared to other IT jobs. All of these factors should be enough motivation for one to take up a data science career. As the future of data science is nothing but bright and brilliant, taking up data science courses are just the right way to go. Great Learning online courses are always there for such occasions as this institution understands the need for this subject and prepares its students in such a way that they become self-sufficient and worthy and have a guaranteed data science career.