McKinsey & Co and Nasscom have forecasted that data and AI can add USD 500 billion to India’s GDP by 2025. With so much data being generated, the role of data scientists who can interpret and analyse data to make well-informed decisions is all the more important in the world we live in today.
Data Science becomes an important part of today industry. It use for transforming business data into assets that help organizations improve revenue, seize business opportunities, improve customer experience, reduce costs, and more. Data science became the trending course to learn in the industries these days.
Its popularity has grown over the years, and companies have started implementing data science techniques to grow their business and increase customer satisfaction. In online Data science course you learn how Data Science deals with vast volumes of data using modern tools and techniques to find unseen patterns, derive meaningful information, and make business decisions.
Advantages of Data Science:- In today’s world, data is being generated at an alarming rate in all time lots of data is generated; from the users of social networking site, or from the calls that one makes, or the data which is being generated from different business. Because of that reason the huge amount of data the value of the field of Data Science has many advantages.
Some Of The Advantages Are Mentioned Below:-
Multiple Job Options :- Because of its high demand it provides large number of career opportunities in its various fields like Data Scientist, Data Analyst, Research Analyst, Business Analyst, Analytics Manager, Big Data Engineer, etc.
Business benefits: - By Data Science Online Course you learn how data science helps organizations knowing how and when their products sell well and that’s why the products are delivered always to the right place and right time. Faster and better decisions are taken by the organization to improve efficiency and earn higher profits.
Highly Paid jobs and career opportunities: - As Data Scientist continues working in that profile and the salaries of different position are grand. According to a Dice Salary Survey, the annual average salary of a Data Scientist $106,000 per year as we consider data.
Hiring Benefits:- If you have skills then don’t worry this comparatively easier to sort data and look for best of candidates for an organization. Big Data and data mining have made processing and selection of CVs, aptitude tests and games easier for the recruitment group.
Disadvantages of Data Science: - If there are pros then cons also so here we discuss both pros and cons which make you easy to choose Data Science Course without any doubts. Let’s check some of the disadvantages of Data Science:-
Data Privacy: - As we know Data is used to increase the productivity and the revenue of industry by making game-changing business decisions. But the information or the insights obtained from the data may be misused against any organization.
Cost:- The tools used for data science and analytics can cost tons to a corporation as a number of the tools are complex and need the people to undergo a knowledge Science training to use them. Also, it’s very difficult to pick the right tools consistent with the circumstances because their selection is predicated on the proper knowledge of the tools also as their accuracy in analyzing the info and extracting information.
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For this week’s data science career interview, we got in touch with Dr Suman Sanyal, Associate Professor of Computer Science and Engineering at NIIT University. In this interview, Dr Sanyal shares his insights on how universities can contribute to this highly promising sector and what aspirants can do to build a successful data science career.
With industry-linkage, technology and research-driven seamless education, NIIT University has been recognised for addressing the growing demand for data science experts worldwide with its industry-ready courses. The university has recently introduced B.Tech in Data Science course, which aims to deploy data sets models to solve real-world problems. The programme provides industry-academic synergy for the students to establish careers in data science, artificial intelligence and machine learning.
“Students with skills that are aligned to new-age technology will be of huge value. The industry today wants young, ambitious students who have the know-how on how to get things done,” Sanyal said.
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Guys, just a year ago, due to the COVID-19 pandemic, I lost my job and it turned out to be a blessing in disguise. Over a year ago, while studying, I was doing part-time work as a private tutor. During this time, I was earning only slightly more than minimum wage and it just covers my expenses related to food and petrol. After losing my job, I have a lot of free time and even I didn’t require to attend sessions at university.
After all, this happened to me, I decided to grab the opportunity to learn Data Science by myself. In just one year, with my data science knowledge, I triple my salary by creating multiple streams of income. So, many of you want to know that how I do this. So in the below part of this article, I am discussing the same thing. Just Have A Look!!!
How I Triple My Income With Data Science
1) Data Science Job: I managed to get a data science internship and after that, It will turn into a full-time job offer. Advantages to get a full-time data science job are
During this time, I learn something new every day and I also work on my communication skills when talking to people of different teams and come with different techniques for improving the customer journey. One of the best parts of this job is that different freelancing. I don’t need to select the project on which I have to work on. It means, even if I don’t know how to do it I have no option but I need to learn within 1 day or 2 for getting it done.
I try my best to do my task and learn something new and I am an introverted person so I used to find it difficult to communicate with people and presenting myself during team meetings. And all this has improved my communication skills over a year ago.
2) Affiliate Marketing: Once I was starting to learn data science on my own, I share the links to courses. With affiliate marketing, I can share the courses with other people. In case someone has clicked on the link of the course then a small percentage of that particular course fee will go to us. From affiliate marketing, I learned a lot as I choose selective courses for promotion. This is a very small income stream but I add it to the list.
3) Data Science Blogging: In my free time, I write about Data Science as I started to write articles, built projects in order to strengthen my portfolio. I enjoy creating articles and sharing my journey with others. After some time, I realized that my articles add value for people who were on the same journey. So, now I am one of the top writers in technology and AI.
4) Freelancing: Last year, I was searching for ways for making money online. I felt freelancing sites competitive and they didn’t fit into any of the categories on these sites. Many companies don’t need any team of data science and hire people on a contract basis. I am working on a one-off machine learning project and from that, I am learning a lot. From publishers and technical sites, I also get an offer of freelancing for writing data science articles for them. I also start consultation sessions for people who try to learn data science or break into the industry and it is also my new source of income.
In the end, I think that losing a job due to COVID-19 was one of the best things that happened to me. After losing my job, I learn the skills essential for becoming a data scientist. There are many people who want to data science course but can’t so no need to worry if you can’t able to do self-study then you can join the best institute for Data Science Online Training. As there are many institutes for Data Science Training in Delhi NCR. So out of all, you need to choose the best one as per your requirement.
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Become a data analysis expert using the R programming language in this data science certification training in Dallas, TX. You will master data mining, data visualization, predictive analysis and descriptive analysis techniques with the R language.
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