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Learn More To Earn More: Data Science & BI
Learn More To Earn More: Data Science & BI
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Contents
What is Skill Up? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
Respondents. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
Which Industries are best for Data jobs and which roles are most valuable?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
Industry Breakdown . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
Tech Stacks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
1. Data Visualizers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
2. Programmatic Data Wranglers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
3. Big Data Experts. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
4. Data Architects. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16
Hot Topics. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
Do you think Julia will replace R and Python as the data science language of choice in the next 12 months?. . . . . . . . . . . . . . . . 20
Do you think Apache Spark is likely to Replace Hadoop in the next 12 months?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
Is the line between data analysis and data retrieval being blurred?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
Is your company planning to implement a big data project over the next 12 months?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23
And finally.... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23
Summary. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24
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Data Science & Bi Salary & Skills Report
Specifically we asked:
ll Data science is immensely valuable to
SMEs evidenced by their investment in ll What skills lead to a higher salary?
young talent.
ll What skills/technologies are most
ll Finance is still a lucrative sector for highly valued by different industries?
data science.
ll What cutting edge technologies are
ll R and Python are still neck and neck as really worth you spending your
the key data science languages. time learning?
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Respondents
Colombia Austria
Romania Argentina
Hungary Thailand
New Zealand Greece
Norway Malaysia
Portugal Indonesia
Singapore Israel
Czech Republic Croatia
Finland
South Africa
Ireland
Japan
Denmark
Russia
Switzerland
Belgium
Sweden
Mexico
Netherlands
United States
Poland
France
Brazil
Spain
Italy United
Kingdom
Australia
India
Canada Germany
Respondents by Country
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Data Science & Bi Salary & Skills Report
The Data Science stream, from which the data in this report is drawn, received over 3,800 responses
from individuals with a wide range of experience levels, working in a diverse set of industries.
5-10 years
10-20 years
3000
2500
2000
1500
1000
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Which Industries are best for Data jobs and which roles are
most valuable?
Theres a consensus that data-oriented important roles in dynamic and fast-
roles are some of the most valuable around, paced industries such as Media and
especially in industries where data is so vital Entertainment. This proves that the
(there are very few industries where you ability to build and implement business
could say it isnt). But there are trends that critical solutions is essential.
indicate where its having the biggest impact,
Our research shows that SMEs are a great place
and whats going to become more and more
for inexperienced data scientists and analysts
important for anyone working in data.
to begin their careers, offering a higher starting
salary than Enterprise organizations. Even
ll SMEs pay inexperienced people the
those working for start-ups earn only slightly
best.
less than Enterprise. With the opportunities
ll In terms of industries, Finance still available in small, rapid growth organizations,
offers the best pay for inexperienced Start-ups are a great option for anyone
employees. ambitious and eager to prove themselves!
ll Data Architect is one of the most
$80,000
$60,000
$40,000
$20,000
$0
SME Enterprise Start-up Self employed
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Data Science & Bi Salary & Skills Report
Industry Breakdown
Our research also investigated how data science is faring in each sector. The responses provided a
good indication of where data science is most critical.
Consulting
More than
Education 20 years
/Academia
/Research
Government
5-10 years
Health
/Biotech
/Science
Software
Products 1-3 years
Telecoms
Less than
1 year
Web Services
/Internet
The largest number of respondents with Those respondents with least experience are
more than 20 years experience are working in predominantly working in Education/Academia
consulting. Moreover, the commonality of this and Research. However, as the graph overleaf
suggests that external expertise is something shows, it does not appear to be one of the best
that is very much in demand. paid industries.
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Consulting
Media/Advertising
/Entertainment and Gaming
Government
Health/Biotech/Science
Education/Academia/Research
Web Services/Internet
Software Products
Telecommunications
Finance and Banking comes out as the best Media / Advertising / Entertainment and
paid industry according to our data. With Gaming, while certainly not as lucrative as
the rise of algorithmic trading, and Big Data the Financial sector, appears to be a sector
in general playing a large part in just about offering a substantial salary to inexperienced
every component of Finance, there are huge people. If we consider the fact that this
opportunities for data fluent people to sector, taken generally, is very competitive
command high salaries, even without a great for inexperienced people and known for low
deal of experience. salaries, the data provides a clear indication
that these industries are willing to invest
Want to get to grips with quantitative
in inexperienced people with technical and
finance? Pick up this bundle today.
numerical skills.
ll Mastering R for Quantitative
Finance This is an indication that these industries are
relying on data-driven strategies to remain
ll Introduction to R for Quantitative
competitive in tough areas of the economy.
Finance
While they may lack the funds and cashflow
ll Python for Finance
to invest in established data professionals,
ll Mastering Python for Finance inexperienced people with the right skills
ll Advanced Quantitative Finance might well fill this role perfectly, without
with C++ commanding such high salaries.
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Data Science & Bi Salary & Skills Report
We also wanted to see how the different job types fare in different industries. The graph below
shows which specific roles command the highest salaries, and in which industry these roles are
most valuable.
Statistician
Data Scientist/Analyst
Intermediate IT
/Regulation/Business
Finance/BankinG
Statistician
Data Architect
Data Scientist/Analyst
Assistant Director
Data Architect
CONSULTING
Data Scientist/Analyst
Statistician
ll Data Architect is one of the most the data architect whilst in the Media
important roles within Media/ category, the Data Architect earns
Advertising/Entertainment and significantly more.
Gaming, commanding a higher salary in
ll In Media and Entertainment, where
other areas.
agility and organizational change
ll Comparing the roles of Data Architect is essential for rapid responses
to Statistician, we can infer some key to change, there is a high value
differences about how data science placed on someone who is able to
and data-driven strategies are playing develop a solution, such as a Data
out between industries. In Finance, the Architect. Whereas, in Finance these
statistician earns slightly more than architectures are already in place.
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python
sql
java
javascript
linux
excel
oracle
php
c#
html
mysql
c++
gis
Python is definitely top dog when it comes to data. Its versatility and wealth of easy to use third-
party libraries for everything from machine learning to web scraping, combined with its low barrier
to entry, make it the ideal choice.
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Data Science & Bi Salary & Skills Report
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Tech Stacks
To get a better idea of what people are commonly using together, lets do some clustering. We put
all the responses into a graph database, and ran a clustering algorithm across the techs people use
every day, and from this weve identified some coherent clusters of people based on their stack:
1. Data Visualizers
These are people working at the design end of CSS, HTML5 and jQuery serve to underline its
the data science spectrum. As you can see from dominance.
the cluster of tools below, they have as much
in common with a front end web developer The very presence of this group of tools
as any of our groups. JavaScript comes top in our data emphasises the importance of
here unsurprising when you consider how communicating insight via the web, and
much it dominates web development today highlights just how important design is when
and other design tools and plugins such as trying to understand and interpret data.
1. javascript
2. html
3. css
4. php
5. html5
6. jquery
7. java
8. xml
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Data Science & Bi Salary & Skills Report
1. python
2. c++
3. linux
4. bash
5. pandas
6. matlab
7. machine learning
8. postgresql
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1. java
2. hadoop
3. mysql
4. javascript
5. scala
6. spring
7. spark
8. maven
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Data Science & Bi Salary & Skills Report
4. Data Architects
This group of tools reflects the need to organize dominate this cluster, indicating that Microsoft
and communicate data insights in effective and Oracle are still regarded as go-to brands
and intelligent ways the main challenge of a when it comes to these business-critical tools.
Data Architect. Clearly, Enterprise-Ready tools
1. sql
2. ms
3. oracle
4. server
5. ssis
6. ssas
7. database
8. ssrs
This provides a useful insight into how the comes out of this is how this might change
world of data breaks down, and how different over the coming years. Is it possible that these
roles appear to be built around ecosystems clusters will become more fluid?
of tools. One of the interesting questions that
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There are a few key points our research ll Web Based technologies are also
suggests here: appearing here indicating people are
seeing a value in sharing data analysis
ll Spark and Hadoop are well on the web.
represented, suggesting the growth of
ll NoSQL databases are going to keep
cluster computing.
rising in the data world.
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Data Science & Bi Salary & Skills Report
There are some clear messages here: data, suggesting increasing anxiety
about how to manage resources for
ll Machine learning is going to become Big Data projects. This is possibly
one of the focal points for everyone symptomatic of the two outcomes
working in data, driven by a demand above. As IoT and mobile become more
for predictive insights and statistical dominant, managing larger datasets is
analysis in a range of sectors and going to become a greater challenge.
industries.
If youre involved with a Big Data project,
ll Augmented Reality and Internet of
youre going to need Machine Learning. Pick
Things are going to be key challenges
up this bundle and start exploring machine
for data scientists over the next few
learning and predictive analytics today.
years.
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Hot Topics
To complete our survey, we asked respondents some simple questions about hot topics, trends and
challenges in the data.
Do you think Julia will replace R and Python as the data science language
of choice in the next 12 months?
$86,000
$85,000
$84,000
$83,000
$82,000
$81,000
No Yes
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Data Science & Bi Salary & Skills Report
$86,000
$85,000
$84,000
$83,000
$82,000
$81,000
No Yes
However, if youre not already on the Hadoop train, theres never been a better time to get
on it
ll Learning Hadoop 2
ll Mastering Hadoop
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Is the line between data analysis and data retrieval being blurred?
Across the board, this was contentious.
ll Learning Pandas
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Data Science & Bi Salary & Skills Report
Is your company planning to implement a big data project over the next
12 months?
Less than 1 year No Yes
It appears that most respondents are working It could be that those with very little experience
in organizations looking to implement Big Data simply arent privy to organizational strategy
projects. The significant anomaly to that are and decision-making. Conversely, it could be
those with very little experience. The reasons that those people who are just starting out
for this arent immediately obvious, but there have been employed precisely because a Big
are a number of possible explanations. Data project has been implemented.
And finally...
Does Excel still hold a place in your heart?
No
Yes
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Summary
It may be a truism, but its clear, and perhaps ll Broadening the range of languages
it has been for years, that Data Science and you know is essential. It will help you
Big Data are not simply trends, but are instead become more flexible when working
symptomatic of a wider social, cultural and on a range of different projects and
economic change. also provides you with more solutions.
If you know R, why not learn Python?
Its time we stopped talking about the Big Data
ll You need to get to grips with Machine
revolution or how data scientist is the sexiest
Learning. If you want to get started or
job of the twenty-first century, and instead
investigate it further, grab our Machine
look at the different ways data is being used
Learning bundle!
in different areas. For SMEs, data is crucial for
making companies more responsive and open ll If youre just starting your career, you
to changes in the market. The prominence could do a lot worse than working
of machine learning underlines this further, in Finance or for an SME. You might
making it clear that there is a real onus on command a higher salary working for
delivering rapid insight and fast! For larger an established enterprise organization,
faster Big Data solutions. The apparent rise of small with more opportunities and
of this, as data scientists and analysts look for ll If youre interested in working in
new ways to put tools such as Hadoop and popular industries such as Media, work
Spark to work. towards becoming a data architect,
and learn how to develop and
But even more interesting is how our
implement large-scale data solutions
understanding of data looks set to change,
that can deliver benefits across an
thanks to emerging trends such as the Internet
organization.
of Things and Augmented Reality. Its possible
ll Getting to grips with Big Data tools
that IOT will become the buzzword to replace
such as Hadoop and Spark will be
Big Data. How Data Scientists, analysts and
valuable, but learning how to use
architects tackle it day to day isnt clear yet, but
them in the context of distributed
it will almost certainly be a challenge that will
networks will be even more valuable as
offer exciting opportunities for data literate
resources become stretched.
people everywhere.
ll Pay attention to IoT we still dont
What you should be doing if youre a data quite know where it will lead the data
scientist: world!
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