Big data is ineffective without the expertise of data science professionals who can transform the data into actionable insights. In the modern world, numerous organizations are using the power of big data, and a data scientist knows how to churn out business-relevant insights from a vast pool of information.
The present digital world leaves tons and tons of data and contributes massive amounts of unsegregated information to organizations. An IBM report says that the poor quality data costs around USD 3.1 trillion annually in the US.
Since there is an upsurge in the amount of data that needs to be processed and analyzed, the role of a data scientist is significant in every organization.
Data scientists are the present-world superheroes who let the companies make prompt and relevant decisions in favor of the improved productivity of the organization.
Here are the ways a data science talent can be helpful to organizations.
Data scientists are those who undergo intensive training in various technical and non-technical skills. The experience of data science professionals extends to a wide horizon like data mining, data visualization, data management, etc.
Here are some ways in which data science can benefit organizations:
As per the U.S. Bureau of Labor Statistics, it is estimated that the number of data science jobs will improve by almost 28% through 2026. In every organization, various job profiles in data science contribute to the development of the organization in different ways as shown below.
According to a Harvard Business Review, the companies that are in the top third of the industry they belong to, use data science-based decisions and are found to be 5% more productive, and about 6% more profitable compared to the competitors. Here are the values organizations should look for while hiring data science talent.
Data science is an asset to every organization and triggers decision-making, market trend analysis, and profit maximization. Data science certifications can help you be equipped with the essential data science skills and turn out to be an asset to organizations through the development of all the above-mentioned Data science qualifications.