The Ray of Hope Amidst Gloom
By Aditi Bhat
The IT industry took some jolts over the last quarter as some of the top names in the IT space announced mass lay-offs. That was enough to shake things up considerably and make techies re-think on upskilling. The need of the hour is to imbibe skills in a domain that’s going to drive a massive change on planet earth and disrupt existing processes, across industries.
Still wondering what’s the change going to piggyback on?
Well, it’s DATA! The top organisations are all harping on the power of data to fuel growth. Be it Healthcare, Insurance, Aviation, BFSI, Sports or anything that you can think of, every field is going to get disrupted by their stakeholders’ ability to make sense out of data. This is where data scientists enter the stage!
Massive demand for Data scientists in India!
India is witnessing a sea of change in use of technology. The common man’s use of technology on a daily basis has seen a steep spike. From booking a cab on Ola, ordering your food on Swiggy to buying your mom a phone on Flipkart to commenting on something on Facebook, we are almost always online.
Ever wondered, how much of data trail do we leave behind? Didn’t like the Domino’s pizza – write on Facebook, a horrible experience at a job – resort to Glassdoor, had a great dinner – review on Zomato and the list of activities is never ending. Now imagine the kind of information that we leave on the internet! These bits of information is worth in gold and diamonds for organisations. They fetch these unstructured data, cleanse it, derive meaning out of it and make the necessary changes to their products for a better customer experience. Btw, who does this work on customer analytics? – A data scientist!
Did you know that India ranks 2nd in the total number of internet users! And it’s not going to be much long of a wait before it cruises to the 1st position. Increasing penetration of the internet and purchasing power of the average Indian is growing rapidly, facilitating this growth.
Data science – A hot pursuit
A recent study conducted by Jigsaw Academy on ‘high in demand’ courses revealed that Data Science tops the list. This is because there is a humongous void to be filled in by Data Science professionals. Companies are looking for talents who can help them with Big Data Analytics, Customer Analytics and Social Network Analysis to derive meaning out of data and fuel organisational growth.
Image source: economictimes.indiatimes.com
Speaking to ET, Gaurav Vohra of Jigsaw Academy said that “Typically, there is a jump of 20-50% in salaries when you pick up these skills”.
Still waiting to ride the wave?
•Feel terribly underpaid?
•Worried of skill-redundancy?
•Want to learn a hot new skill?
If you have answered a ‘yes’ to all these, then you should not wait to ride this data wave. With more smart devices, and smarter technology such as IoT, the amount of data generated will only increase and that will further enhance the demand for professionals in data science, who can help decision-makers take data based decisions.
The immense scope in the field of Data Science has indeed opened up new avenues for techies, reeling in an otherwise gloomy IT market. A Data Science course that imparts training on Big Data Analytics, Customer Analytics and Social Media Analysis will certainly empower professionals in becoming indispensable to the growth story of their recruiters.
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