Overview
This write up provides an insight about the recent emergence of data science as a popular choice among technocrats. It also examines the growing popularity of data scientists and puts in numbers the trends which favour the rise of data science.
The post also glances across the chain of institutions which provide courses relating to data science and how the future seems tilted in favour of data scientists.
Introduction
When we peep into the history of science, we first find the dominance of qualitative approach, then quantitative and finally interdisciplinary approach. Over the recent decades, there seems to be a phenomenal diminishing of the boundaries which hitherto separated the above branches. We actually seem to have stepped into the age of data. In this era, where data is both currency and oil, the need of data scientists to handle this big data is seriously felt.
Growing popularity of data scientists
Not only is data dictating the direction of our progress but data scientists are emerging pilots who are steering the ongoing technological wave. Without exaggerating the facts on data science, we can’t ignore the fact that data scientists have heralded a new technological renaissance. The validity of this statement was established by John Foreman in one of his addresses.
According to John Foreman:
“Data scientists are kind of like the new Renaissance folks, because data science is inherently multidisciplinary.”
A chain of data science training institutions is emerging
We may have reached a point in our discussion where we can convince ourselves that there is a dearth of data scientists in the market. To cater to the same and meet the demand of data scientists, we are seeing the sudden growth of different data training institutions. These institutions attract students from various parts of the country due to their infrastructure, training equipment and other sources of capacity development. The institutions offering data science course in delhi have outperformed similar institutions in rest of the country.
How statistics favour data science
- By 2024, the machine learning processes and the devices related to this in the country will grow manifold, reaching 14877886 billion rupees.
- In the last decade, research has found that thousands of files were uploaded via Google and processed simultaneously.
- Nearly 82% of pictures are put across various social networks and most of them will turn redundant or functional data over the years.
- Every minute 50,0000 search results are available for each piece of information typed in a search engine.
- By 2021, about19 gigabytes of newly emerging data will be processed processed every second which will be utilized by the digital market.
- Those involved in data science earn10 times in comparison with the IT professionals in USA.
- It is not surprising that billions of barcodes are uploaded, processed and shared every day.
- Raw and unprocessed pieces of information costs businesses $599 billion annually.
- 60% of the facts related to data science come up across processing platforms and managing 88% of that data is merely done today by businesses.
How future is tilted towards data scientists?
It is a buzzword in businesses today that future belongs to data scientists. There are primarily three major reasons behind this. Firstly, there is hardly any industry, sector or firm which does not deal with data in one or the other form. Secondly, there is a quantifiable mismatch or a deficit between the number of data scientists that are available and those that are actually needed. Thirdly, with the horizon of technology expanding further and digitization becoming a full fledged movement in itself, the demand of data scientists is only going to increase in near future.
Concluding remarks
A Data science course in Delhi or in any other part of the country may seem to be a short term solution to meet the growing demand of data scientists. The truth is that there is a dire need to include data science as a separate branch in the prime institutions of the country. This will ensure that we not only reap the benefits of the upcoming age of data but also reform our educational outcomes with changing technological outlook.