Data Science Job Market
Data Science Job Market |
Now | How to get Data Science Job | Data Science Jobs
Welcome to unfold data science today we discussed following key points regarding data scientists. Hello everyone I am a data scientist and welcome to all in my jobsitepk web portal.
Today we
discussed in our this article “Data science and data scientist jobs in markets”
Let us start today we discuss three main key area which are
How the job
market for data science is looking now? What is there in the future? If you
take a window of four months six months one year, what is there for number and
us?
- Data scientist
or as a data science experience
- What should be
our approach for the future of data science?
The end of this
article I will also talk about some tips for fresher. That will help you in
approaching the job or internship in a better way in your career.
Ok start the
discussion
First thing is
how the job market for data science is looking.
There is no
rocket science to understand. That most of the companies, which are dependent
on footfalls they are hit badly due to this current covid-19 situation.
Corona – Covid-19
Effects in industries
For example,
- Shopping complexes
- Multiplexes
- Airline industry
- Tourism industry etc.
All above
industries hit very badly effected during the covid-19 or corona virus.
Corona – Covid-19 Increase the business
Other hand, there
is a set of other Companies, for example, Zoom slack if you take some companies
right they are growing like anything the reason is situation is in their favor.
So all those companies, which help in remote connectivity, which help in
creating a virtual environment for work. Which help in virtual setup all these
companies are growing very quickly
On one hand we
are seeing layoffs on other hand we are seeing hiring some of these small
players also in the world of analytics:
For example,
Tiger analytics
I was seeing an opinion from their CEO about hiring. Plan for the next four to
six months. Some of the big players like Google and Facebook these people are
also hiring. Therefore, the thing to understand here is in some of the
industries for some kind of skill set. The hiring is still going on. The other
hand, there are layoffs and there are vacant being pulled back. This is
happening across the industry, having said.
Analytics of Data Scientists
That analytics can be broadly divided into two
buckets.
- Operational
- Strategic
Let me give you
an example, operational:
Analytics is
something that improves the operational efficiency of an organization. For
example, if as a data scientist, I solve a supply chain optimization.
Problem then
what I am doing is I am helping the organization in improving their supply
chain operation. On the other hand take an example of Walmart let us say
Walmart’s digital campaign expenditure is x dollars through my analysis as a
data scientist. If I can say to Walmart that you take your digital expenditure
in advertisement by this much. Then your revenue goes up by this much. This is
a strategic analytics so operational analytics can be put on hold.
When there is
cost pressure revenue pressure but a strategic analytics cannot be put on hold
if there is a cost pressure and even new pressure. Now lot of organizations are
trying to cut their cost. All of them are in cost saving mode so one important
thing to understand here is even if you are hired by some in organization. The
one thing they will keep in mind is their roi return on investment. Therefore,
if they are paying you x then they will expect you to deliver the value of that
x. So one thing going forward is the return.
On investment
is top priority for all the organization. If they hire a data scientist then
data scientists should be able to perform some tasks, which should help them on
the ground.
Analysis
finding being data Scientist
Okay so that is
one of the main findings from my analysis.
The next thing is what had changed and how the future is looking like.
Using Digital
Platform – For Online, lecture classes – Zoom, Microsoft Team
The very first thing
that it changed is any resistance to digital platform is gone forever. Now you
would be seeing that many students are attending school lectures through zoom
call or other video calling like micro soft team platforms this has never
happened in the history.
Usage of Digital Platform in Business
Now many people
are using digital platforms for their businesses for their education, which
means more data. The more data means more opportunity to do analytics on the data
but only one thing to keep in mind is if somebody hires you. They will see a
roi because everybody is under cost pressure. The next thing is how we can
prepare ourselves from for the future. Right the very first thing to understand
here is up skill. There is no alternative to up skill.
Job Completion during COVID-19 – Corona Sector of Virtual Hiring or Online Work at Home
Many people
have lost their jobs many people are looking for jobs there are more
competition in the market. There is a new term coined in the market virtual
hiring which is being used everywhere. In your mind, come question that is; what
is virtual hiring? Ok virtual hiring is hire
somebody from California I am sitting in Pakistan. On the other hand, virtual hiring
means work done through home or other words we can that Home based jobs. Which means there is more competition for one
job role in that case for you to stay out stay ahead in the competition. Your
profile should look amazing your skills should look different from others. Therefore,
upskilling is the only answer to that you should continuously upskill yourself.
Next is when you approach any HR or any company for the job you should be very
specific in how you can help that company
For example you worked in a retail industry you solved some use case this was the benefit from that use case you have to highlight this thing to the next company in a very specific way. Telling this is how I help this organization, I can help you in the way this has to go as a very strong message. So that they see roi in your profile number. Three is your resume you should keep updating with your new skills every time that is another important thing to you know stay updated.
Tips for Fresher How to apply Online Jobs of Data Scientist
The next thing
and I was telling about tips for professors. All of us it applies to there are
many virtual way or you find through using Internet. You join or create
connections to stay in the network of data scientists and to know what is going
on in the industry. Right there are many virtual internship opportunities this
is for fresher’s you can apply for virtual internship. This will also help you
in up skilling yourself. For virtual internship and virtual boost both
in the description so this is all about how the market trend is looking. How to
prepare ourselves and how to anticipate what will happen in the market.
You can join following social media groups for jobs of data scientists link
Join Facebook group :
https://www.facebook.com/groups
connect with : https://medium.com/
Follow quora: https://www.quora.com/
Join LinkedIn : https://www.linkedin.com/
Keep visiting our jobsitepk web portal for update
Above Article cover questions with answered :
- How to apply for data science jobs?
- Data Science market job market now?
- Data Science job openings now?
- Data science internship opportunities
- Data science job trends
0 Comments
Please do not entry any spam link in comment section