The Emergence of Data Generalists - The adoption of the cloud, increased automation, and skill segmentation will give rise to a new position, data generalists.
Merriam-Webster defines a generalist as one whose skills, interests, or habits are varied or unspecialized. Having varied and unspecialized skills seems like an undesirable trait for job applicants. Recruiters are expected to find candidates with specific skill sets based on a defined job description. Meanwhile, candidates are expected to tailor their resume to a specific job, rather than submit a general one for each application. With these competing priorities, a generalist has not been a desirable trait. I believe the future will create opportunities for both generalists and specialists.
This reality will emerge because of the adoption of the cloud, which is expected to exceed a global market of 330 billion dollars this year. The cloud is an innovation accelerator. It reduces the cost of building software and speeds up development by outsourcing much of the infrastructure work. As software development becomes easier, niche products will be developed to tackle every business problem that you could imagine. If there is money to be made by solving a business problem, then there will be a software created. This competitive race will drive prices down for software products, increase automation of work, and reduce costs for businesses. This is consistent with a 2019 survey where 87 percent of organizations claimed to experience business acceleration from their use of cloud services.
Two of the most important byproducts of the cloud acceleration are more APIs and better user authentication services. Software tools with APIs (e.g. Stripe, Twilio, DataRobot) allow software engineers to connect capabilities to different applications with only a few lines of code. Meanwhile, better user authentication services for cloud-hosted applications will allow non-tech organizations to easily partner with third party vendors for different tasks. Once it becomes easier to outsource third party work, non-tech organizations will have a difficult decision on their hands. Will they outsource more of their information technology and data analytics expertise? Theoretically, an organization should outsource when it is cheaper than producing the same capabilities in-house.
I believe these factors will all contribute to a major change in hiring behaviors. The ease of integrating capabilities across organizations will encourage many to specialize in certain skills. However, the growth in specialization will leave a gap of knowledge. This gap will exist at the edge of the specializations. Who will be responsible for decisions that cross multiple specializations within an organization? One obvious example will be the need for liaisons or translators between non-tech organizations and their third party vendors. There needs to be an employee with a high level understanding of technical concepts, coupled with strong domain knowledge within their organization’s core competencies. Let’s call these individuals data generalists.
I envision two common paths for people to become data generalists.
The first path will be individuals who have a wide breadth of knowledge across information technology or data analytics. They have an intermediate level of understanding across several technical areas, such as cybersecurity, digital transformations, data engineering, or data science. They enjoy learning new things, rather than optimizing one specific technical skill. Typically, these individuals will join a non-tech organization and specialize in a specific domain or industry. They will acquire this additional expertise through work experience, additional education, or personal hobbies.
In Conversation With Dr Suman Sanyal, NIIT University,he 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.
Data Science and Analytics market evolves to adapt to the constantly changing economic and business environments. Our latest survey report suggests that as the overall Data Science and Analytics market evolves to adapt to the constantly changing economic and business environments, data scientists and AI practitioners should be aware of the skills and tools that the broader community is working on. A good grip in these skills will further help data science enthusiasts to get the best jobs that various industries in their data science functions are offering.
The report, now in its sixth year, looks at the distribution of average salaries across several categories. AI & Data Science India Salary Study - 2021
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