Career as a Data Scientist The Hottest Buzz in the Job Market UK

Who are data scientists?

Simply put, they are the technology professionals who filter and sort through the minefields of data and analyze it to extract important information. According to technology experts, data science is the new emerging trend of the competitive intelligence that embraces a large number of activities such as data mining and data analysis in order to help business get an edge over their competition in the market. In the words of Ken arrison, !"# of the industry group S!I$ %Strategic and !ompetitive Intelligence $rofessionals&, '(he field involves collecting data, analyzing it and delivering the data as intelligence that is actionable.)

The job market demand o the ro!e o "data scientist# throu$hout the UK
It is a market with around *+ billion turnover a year and the ,ob opportunity for data scientists will increase exponentially in the coming years, added arrison. According to the -cKinsey lobal Institute, there is actually a dearth of around ./0,000 1ualified workers who can analyze the existing set of data available out there for many different industries including retail and technology. And by +0.2, there will be a need of more than ..3 million data scientist professionals with the real potential to make the most of the information available.

Data Scientist Jobs Demand Trend Chart

4Source5 I( 6obs 7atch 8K9

(he above chart shows off the : month moving total of permanent ,obs labeled as data scientist in the I( category within the 8K.

Data Scientist Salary Trend

4Source5 I( 6obs 7atch 8K9

(he above chart showcases the : month moving average of the salaries for the ,obs citing data scientist within the 8K.

Wh% there is a hi$h demand or Data Scientists

In a study conducted by the 8niversity of !alifornia ;erkley in the year +00:, a fact was revealed that the information available all across the world has increased by :0< from ./// through to +00+. -oreover, "ric Schmidt, !"# of oogle, said at the technology summit of +0.0 that in the present age people are generating as much data in ,ust two days as was earlier produced in all years up to +00:. And thus, it is the massive 1uantity of data that has made companies and organizations search for data scientists who have the right skills to identify the valuable information and filter out the rest. According to the =arvard ;usiness >eview, data Scientist is hottest ,ob of the +.st century. -ike ?oukides, @ice $resident of !ontent Strategy for #A>eilly -edia, says )(he 1uestion facing every company today, every startup, every nonBprofit, every pro,ect site that wants to attract a community, is how to use data effectivelyC

(he sprouting field of data mining and data analysis, or the arena of data scientists, is a neverBending 1uest to forecast the future by leveraging the power of information in the form of data available online. ;ristol is amongst the top +D locations of the highest number of data scientist ,obs within the 8K, says the #ctober +0.: report from It 6ob 7atch. So, if you are a young professional planning to kick start your career or an I( professional in search of a next career milestone, contact a nearby and reputable employment agency ;ristol today.