Big data! With massive usage of the internet and mobile phones, businesses today are generating huge amounts of data. Now industries are making use of these data to reap the benefits of this growing demand. There is an exponential growth in this technology and every industry now is producing flumes of data. By 2020 data is said to double.
Despite the fact of having proficient data analytics experts, companies and organizations still struggle to make use of the data extracted. It is a critical situation for industries looking to utilize data at the best of their interest. With talent shortage, it will be challenging to incorporate big data. What companies need today is to take heed of the current situation, brace the challenges and find ways to work with big data that will offer potential benefits to the company.
Big data skills – high in demand
By 2036, McKinsey predicted that 90% of the jobs will be automated, of which 30% will leverage big data and its related technologies.
A big data professional with the expertise in skills like programming, business acumen, mathematics, collaborative and communicative skills is in high demand today. Organizations are looking for professionals who have the skillset of analyzing data sources and who can extract positive insights that leads to positive outcome.
The market still undergo skill crunch and companies are willing to go to any extent to hire professionals having the latest skillset. Due to lack of big data many projects are seen to have failed incurring losses to the company. Big data helps reveal trends, patterns, outliers, and various parameters related to the project one takes up. Doing so helps predict the unwanted and unexpected variables that often is seen at the last minute. This causes a positive impact and causes project improvement.
This is a crucial moment for the data science industry, in fact it is still a saddening situation the industries are skill facing challenges in recruiting a candidate with big data skills.
According to the U.S. Bureau of Labor Statistics, it is predicted that the operations research analysis and computer research information science field is expected to grow 27% and later 19% in 2026 respectively.
The skill gap remains high in the science related skills like data visualization, programming skills, AI, machine learning, quantitative analysis, algorithms, and data structures. And surprisingly it isn’t just the technology companies that are looking for a big data professional but the job opportunities expand a gamut of industries. As they say, data is the new oil, and it is already powering industries globally.
But the problem is, it’s super hard to find the right talent since most professionals fall short of big data skills. Nonetheless, the data science industry remains sexy and trust me the race for big data professionals will still be on the run.
In order to cultivate talent, it is crucial for professionals to take up a certification program to remain in sync with the ongoing trends happening in the IT market.
Thinking of utilizing big data? Rest assured, big data skills remains to be huge in demand. Hone your skills and fuel your big data career today.