- Demand for professionals in data science in India is at ATH (All-Time-High).
- Data Science is one of the top future career domains both in India and across the globe
- The highest salary for data scientists is around ₹44.0 LPA
- DataSpace Academy is offering job-ready Certification courses in Data Science and Data Analytics
Meta Description: DataSpace Academy is helping to build a successful career in data science with its job-ready industry-recognized data science and analytics courses.
Place, Date: India is predicted to have 10 million+ job opportunities in the field of data science and data analytics by 2026. In light of the increasing demand for data science professionals, DataSpace Academy has begun offering professional certification courses in Data Science and Data Analytics for students aspiring to build a rewarding career in data science.
DataSpace Academy is an award-winning institution, widely recognized for job-ready cybersecurity and data science courses.
What is Data Science and Data Analytics?
Data Science is the art and science of gleaning valuable insights from a colossal pool of data to help businesses and organizations reach informed data-driven decisions.
Data science is primarily the umbrella stream for all the fields that engage in mining large datasets. Data Analytics is a subset of Data Science.
Data Analytics refers to the method of gathering, cleansing, as well as processing raw unstructured data to obtain meaningful insights or actionable solutions.
Most in-demand Job Roles in the field of Data Science
- Data Scientist
- Big Data Engineer
- Data Architect
- Machine Learning Engineer
- Business Intelligence Analyst
- Business Analyst
- Data Analyst
- Financial Analyst
- Data Visualisation Specialist
- Data Privacy Analyst
- Market Research Analyst
Key Reasons to Join the Field of Data Science
Modern businesses and organizations are overwhelmed with a large pool of mammoth data. The problem is, the ever-expanding mass of data is mostly disorganized. This is where organizations need the help of data scientists and analysts.
Data scientists and analysts deploy a multi-disciplinary approach combining computing, statistics, algorithms, AI technologies, and scientific methods to systematically sort and analyze this huge pool of unstructured data- to help businesses reach informed and calculated decisions faster.
A recent Nasscom report has stated that the jobs in data science are expected to rise to 16,500 by the year 2025 from 2,720 back in 2018. As per market reports, demand for professionals in data science in India is at ATH (All-Time-High).
- Jobs in Diverse Industries
Data scientists and analysts are in huge demand in a diverse range of industries, ranging from healthcare, BFSI, energy, telecommunications, retail, marketing, automotive, media and entertainment, tech, and more.
Here is a brief on why some of the major industries are increasingly hiring data science professionals:
Banking and Finance – The fiscal sector takes the help of data science analysis to study and predict customer behavior, determine credit scores, and also detect fraud.
Healthcare: Data science professionals help healthcare institutions to attain smarter decisions regarding patient care and patient satisfaction, as well as the overall performance of the organization.
Hospitality: The hospitality industry seeks the help of data analysts to gain insights about customer preferences, and customize their services to attain maximum customer satisfaction.
Education: The academic sector is also hiring data science professionals for assessing student performance which later helps them to enhance the learning experience for each student.
Supply Chain: The supply chain domain also needs data science professionals to attain real-time information on customers and inventory status and location. These insights help managers to address sudden problems faster and improve operations.
Data scientists in India earn an average salary of ₹14.0 LPA while the highest salary can go up to ₹44.0 LPA. Data analysts earn a somewhat equally high pay package, around ₹12.0 LPA on an average of ₹34.0 LPA.
Data Science and Data Analytics programs
- Certification in Data Science
The Data Science Certification Course offers comprehensive training on all the key aspects of Applied Data Science, including Data Analytics, Artificial Intelligence, and Machine Learning.
- Certification in Data Analytics
The Data Analyst Certification Course covers the key analytics tools and techniques like how to work with SQL databases, R and Python, create data visualizations, and apply statistics and predictive analytics in a business setting.
DataSpace Academy is driven by the mission and vision to empower students and job seekers with job-ready skills for top future career domains. With Data Science commanding a huge share of both national and global career-scape, there could not be a better time to launch the Data Science and Data Analytics courses.