TOP REASONS WHY YOU SHOULD STUDY DATA SCIENCE

Data science is basically the transformation of structured and unstructured data into value using various approaches like machine learning and statistics. Companies have recognized the need for data science and has employed data scientists to extract meaningful insights from raw data for improving revenue, business agility, improving customer experience and creating new products. Data scientists are responsible for providing valuable information to the company with which major decisions are made. Every kind of company deals with big data; from big multinational corporations to small startups. Here are some of the reasons why you should pursue data science as a career.

PRIORITY IN TOP COMPANIES

Top companies want to grow and keep up with the competition in the market. In order to do so, they need data analytics to identify new opportunities for their services or products. It is considered as a critical component of business performance by many companies.

MORE JOB OPPORTUNITIES

Companies have realized that the large amounts of data are unmanageable and difficult to interpret and so they are looking for data scientists who can do that job. There is an increase in the number of job postings for data scientists and consultants in many companies. The demand for data scientists continues to rise but the supply remains low. This has created fantastic job opportunities for various individuals in the data science field.

INCREASE IN PAY

As the demand for data scientists is high and the supply is low, the data scientists with particular skill sets get paid more and more. These professionals are very important to every company to make them profitable and this has caused the rise in demand.

DATA SCIENCE IS EVERYWHERE

The use of data science for faster growth is catching on just like how computers are used in every workplace. There is no sector which does not employ data science to solve problems and help the company become profitable.

CORE OF DECISION-MAKING

Many employees have job dissatisfaction because they are not given enough power to make decisions. They do not have the authority and can only follow the instructions of their superiors. Being a data scientist means that you will be a part of the decision-making core of the company. You will be responsible for making the most important decisions and planning the future strategies for the company. This will provide you with job satisfaction and an important role in the company

HIGH ADOPTION RATE

In the present, it is not possible to find any company which does not use social media for branding purposes. Similarly, the same will be true as far as data science is concerned. Every company will be in need of data scientists to handle the huge chunks of data. The future is bright for the field of data science which is why it is considered wise to choose this career path.

NEW REVENUE STREAMS

By using data scientists’ ability to analyze the insightful data and put it to good use, the company can easily find out unexploited streams of revenue generation. This is a great way to enrich the company’s value and have an edge over its competitors.

The data science course offered by ExcelR is one of the top courses in the market.  With the blended learning models which it offers, the participants find it easy to learn at their own pace and comfort. The content of the course is very interactive and practical which makes learning fun.