Post on 13-Apr-2017
www.edureka.co/data-science
is Data science really the sexiest job of 21st century? Find out !
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At the end of the session, you will be able to know:
Why Data Science is the most sought after job in
2015?
Career Opportunities with Data Science
Advantages Data Science
Understand how Companies are using Data Science?
Agenda
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Why Data Science is the most sought after job in
2015?
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Fortune 100 Companies boardsthe data science Flight
Analysts get a salary band lift
With the data science trend gaining momentum, legacy firms build uptheir data science teams
Companies looking to recruit Data Scientists need to make sure their bands are competitive and think of other ways to lure talent, since they will be competing with multiple offers
Data Science a Dream Job
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Top 6 Predicted Jobs in this Decade in US
Source : https://www.pinterest.com/tolgadurdu/the-age-of-big-data/
As per the survey from Pinterest, Demand for Data science would be growing at a very high rate
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US – SDData Scientist Avg Base Salary : 65000Number of H1B Filings : 2
US – CAData Scientist Avg Base Salary : 104149Number of H1B Filings : 2081
US – ARData Scientist Avg Base Salary : 109254Number of H1B Filings : 25
US – LAData Scientist Avg Base Salary : 61379Number of H1B Filings : 29
Source : http://davocado.com/
The average base salary of foreign workers who got data science related job and in each state, based on disclosure data of foreign labor H1B certification application tables from 2012 – 2015 released by the US
Department of Labor
Data Scientist, IT Salary (Foreigners in US)
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US India
Data Scientist, IT SalaryThere is rapid growth in the salaries of a data scientist all around the globe
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Decoding Data Science
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What is data science?
Extracting meaningful and actionable knowledge from data
“More data usually beats better algorithms!” Such as: Recommending movies or music based on past preferences
“Data Science” is newBut Data Science isn’t !
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Components data science?
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Data Science Practitioner : Data Scientist
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Statistical modeling and technical aptitude
Business Acumen
Programming
Data warehousing
Business Intelligence
Business Analyst
Data Analyst
Data Scientist
Junior Data Scientist
Decision Scientist
Skills Required Job Roles
Career Path
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Advantages of Data ScienceUse existing data to predict future business plan
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Advantages of Data ScienceMitigate Frauds By Proactive Detection using Predictive Analytics and Machine learning
Fact: Billions of dollars are lost every year because of the frauds in various domains
Aberdeen analyzed, different types of prevailing frauds and companies’ readiness to deal with that.
Certain financial frauds occur more frequently, but organizations are well prepared for such incidents such as check fraud, credit/debit card fraud,ACH fraud etc.
Source : http://v1.aberdeen.com/c/report/benchmark/8189-RA-fraud-big-data-visibility.pdf
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Data Science Career Path
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Job Opportunity
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Major Companies Using Data Science
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Real Life Application
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BMW is using Predictive Analytics to find a place to park!
Application of Data science
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E-Commerce using it for recommendation!
Application of Data science
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Companies using it for Customer acquisition and repeat Business!
Application of Data science
Source: http://www.forentrepreneurs.com/sales-funnel/
Journey from lead to a customer and becoming customer for more than one product/service
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Companies using it for Customer churn prevention!
Application of Data science
Demo
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The Big Question!
Is Data Scientist really the sexiest job of 21st century ?
Answer – Yes, it is really the sexiest job of 21st century.
• They are the most adorable job in market.• They are the among the most paid job• They are difficult and expensive to hire and, given the very competitive
market for their services, difficult to retain.• There simply aren’t a lot of people with their combination of scientific
background and computational and analytical skills.
Questions
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Please spare few minutes to take the survey after the webinar.
Survey
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Your feedback is vital for us, be it a compliment, a suggestion or a complaint. It helps us to make your experience better!
Please spare few minutes to take the survey after the webinar.
Survey