Data scientists are the professionals who are responsible for understanding and analyzing data sets to find insights. They use statistics, machine learning and other tools to extract knowledge from data. The data scientist is a relatively new profession in the world of business, one that has only been around since the late 1990s. The field is still evolving, with new technologies paving the way for more advanced methods of analysis. A career in data science is an exciting opportunity for those who have an analytical mind and enjoy working with numbers.
Data scientists work in a number of industries, including finance, healthcare, retail, tech and more.Data science is a relatively new field, with its first graduates in 2002. Yet it has already been predicted that the job market for data scientists will grow by 45% between 2016 and 2024. Large organizations such as IBM and Microsoft have committed to hiring over 10,000 data scientists worldwide over the next 5 years. This is a great opportunity for recent graduates without an advanced degree in a related field to trade into these positions.