Professional Documents
Culture Documents
Stoney Industry Analysis Final
Stoney Industry Analysis Final
Matthew Stoney
CST 300 Writing Lab
01/13/2021
Data Science – A Promising Career?
In the past decades, our reliance on technology has become increasingly abundant. Even
with a near total-immersion in information age wizardry, most people have no idea how any of it
works. From smart phones to artificially intelligent advertising to social media friend
recommendations, there is a lot of complex machinery under the hood that people often take for
granted. One of these is the pervasiveness – and the importance – of data. If anything is certain
about today’s tech industry it is that data is the prime currency. For companies to stay
competitive, it is now vital to process “information and intelligence from all the data being
collected to identify their target customers and sell products and services to them”
(Kambhampaty, 2018). It stands to reason that if technology is important to the daily lives of
consumers and data is the tool that companies use to understand consumer needs, there is going
to be an ever-increasing demand for data and all things related to it. According to The Bureau of
Labor Statistics, Data Scientist job growth (under the broader designation of “Computer and
Information Research Scientist”), is expected to grow about fifteen percent annually through
2029, which is much faster than average (Bureau of Labor Statistics, 2020). These facts lead to
the conclusion that data science is a field that has great career potential in the near future. This
paper will explore the field of data science by giving an overview of the industry, analyzing a
major corporation that utilizes data science, and offering some potential strategies for those who
Data science is a promising field in computer science and technology industries that
focuses on the processing of generally large amounts of data. But before we can understand data
Stoney 2
science, we must first answer one question: what is data? Most people probably think of data as a
collection of related information such as stock transaction records or sports statistics. However,
in computer science the definition is slightly more specific. According to Iliya Valchanov, there
are two types of data: traditional and big data (2018). Valchanov explains that traditional data is
information that is structured and stored in computer database tables and contains numeric or text
information. This could be a spreadsheet of payroll information at a company, for example. Big
data, on the other hand, is much more unwieldy. According to Valnachov, it is bigger than
traditional data in variety and volume and is usually stored across an entire network of storage
computers. This means the data could contain images, videos, voice recordings and much more.
The trade-off of this variety of data is that much more storage space is needed, up to one billion
times as much. This kind of data storage and processing is what huge internet companies like
Facebook require. With billions of users worldwide posting images, sharing videos and sending
messages, the amount of data that Facebook uses can be difficult to fathom. This storage and
processing of huge amounts of data was impossible until recent years due to the industry
limitations. The development of technologies such as Hadoop (a distributed file system), cloud
computing and data visualization really made big data not only relevant, but important to
business and research (Davenport & Patil, 2017). The vast amount of data that modern
companies are creating and storing requires new techniques and skill-sets in order to access and
dispense information in a timely manner. Imagine a huge dragon sitting mightily atop an
enormous pile of gold. Now imagine the dragon wanted to find a Mint 1942 U.S. Silver Dollar
that it knew was hidden somewhere in the pile. How would the dragon even go about it? Where
would it even begin? These are essentially the questions that companies need to answer in order
Stoney 3
to provide their services to customers on a global scale. For the solutions to these problems and
many others, both dragons and companies alike turn to data scientists.
With the massive amounts of information being transmitted and received, it becomes
difficult to make sense of it all. The key idea here is that while raw data is a vital resource, it is
meaningless without effective ways to handle it. According to the UC Berkeley School of
Information, handling large amounts of data involves five fundamental elements: capturing,
maintaining, processing, analyzing and communicating (“What is Data Science?”, n.d.). Big data
can be collected from nearly anywhere, from social media platforms to weather records to jet
airplane flight telemetry. Once collected the data must be stored efficiently so that it can be
quickly and reliably accessed. Data scientists must also clean the data to remove any garbage
information. Next the data is run through a custom mining program that will sift through it and
pull out relevant items. This is followed by statistical analysis which is used to generate a
predictive model of behavior or to demonstrate a trend. The final element is communicating the
results. This is often done through the use of visualizations such as charts and graphs, as well as
written reports. The information communicated in this step is the vital intelligence that final
decisions will be based upon. For example, an American car manufacturer could be using data
analysis to determine whether or not the European automobile markets are going to show high
demand for Sport Utility Vehicles over the next decade. This analysis would inform them
whether or not they should consider spending money on further research and development of a
new prototype. The accuracy of such a report in this example could be the basis for a very
successful or very disastrous business decision. As the information age progresses, markets
widen to broader consumer bases that span continents and it becomes increasingly essential for
Stoney 4
even smaller businesses to rely on data in this way. While it may have been commonplace in the
past for people to make business decisions based on a gut feeling, that practice has been
Data scientists are software engineers that wear many hats. Their abilities to analyze and
present intelligible data are important for any business, but their techniques of sorting and storing
data are also invaluable within the tech industry. Any website that sees high traffic or has a large
user base needs cutting edge data handling in order to continue to serve information up quickly
Facebook is a company that focuses on social connections between its users. Since its
inception in 2004, Facebook has grown and impacted the lives of nearly half the population of
over three billion people (“Facebook Company Info”, 2021). From newborns featured proudly to
the most seasoned of seniors, Facebook has become an institution within our lives. As a social
media platform, Facebook allows users to customize their profiles, connect with and message
friends and colleagues, post status updates to their timeline, create and manage Facebook groups
for like-minded individuals, stream live video from anywhere with internet access, buy and sell
in the Facebook marketplace and much more. But it wasn’t always this complex.
Facebook originally began as a site for Harvard University students to stay connected with
each other. According to Niels Brügger (2021), it only initially allowed students to create their
own profiles with personal information so that they could maintain contact throughout their
tenure; signing up only required a Harvard email address and that users be at least eighteen years
old. Brügger explains that the site quickly gained popularity and expanded to other Ivy League
schools, then eventually to all universities and finally to the rest of the world. Along the way,
Stoney 5
Facebook continually managed to evolve in order to keep users coming back. That is the true
genius of a social media platform as a business. Facebook does not sell products in the traditional
sense. What they offer, however, is a convenient way for people to exchange their own social
currencies in the form of human interactions. It is no surprise that the commodification of human
interaction became immensely popular. Since Facebook sells no real products and does not
charge users for its main services, how did the company reach annual revenues of $1.5 billion by
2013 (AstrumPeople, n.d.)? The short answer is advertising. With the potential to reach an
audience of millions, businesses quickly figured out that putting their ads on Facebook could be
very impactful.
At the helm of this powerful corporation is founder and CEO, Mark Zuckerberg, a
mysterious and controversial figure. According to his Biography.com profile, Zuckerberg showed
an early and keen interest in computers: he developed his own chat software at age twelve,
programmed games and even a music application similar to today’s widely popular Pandora. His
intellect landed him at Harvard university where he “developed a reputation as the go-to software
developer on campus” (Biography.com Editors, 2019), but he dropped out of the Ivy Leagues
and moved to California to continue developing and expanding Facebook. Since then Zuckerberg
has been named Time Magazine’s Person of The Year 2010, been portrayed by actor Jesse
Eisenberg in a major motion picture ‘The Social Network’ as well as amassed billions of dollars
Despite his unprecedented success as a vanguard of the new social media industry, many
controversies surround Zuckerberg. For example, mere weeks after Facebook became an official
site, journalistTimothy McGinn reported that Harvard students Divya Narendra , Cameron
Stoney 6
Winklevoss, and Tyler Winklevoss accused Zuckerberg of stealing their idea and source code
while working for them on a similar project (McGinn, 2004). More recently, Facebook came
under extreme scrutiny from the public and the U.S. government. According Zuckerberg’s profile
on Biography.com, the controversy was for allowing the propagation of fake news leading up to
the 2016 Presidential election, as well as an enormous breach of over 87 million user’s data by a
firm with ties to Donald Trump’s 2016 campaign (Biography.com Editors, 2019). The article also
explains that although Zuckerberg apologized and promised his users that he would do better,
investor confidence was already shaken and lawmakers were desperate to question him in
hearings. Because of these types of scandals, Facebook has earned a negative reputation, with
many calling for a boycott of the website and some investors calling for Zuckerberg’s resignation
as CEO (Biography.com Editors, 2019). Despite these scandals, Facebook remains a strong
company and is considered one of the top tech companies to work for in many fields, including
data science.
Gaining employment as a data scientist can be trickier than it seems. Many programming
jobs require only a bachelor’s degree in computer science, and often times self-taught workers ar
even qualified enough if the demand is high. However since the role of data scientist is multi-
faceted, anyone looking to enter into this field would do well to have a solid plan of action.
Nedko Krastev of the Oracle AI & Data Science Learning Blog undertook a study of 1,170 data
scientist job listings in 2020 and the results were very insightful. Krastev found that the majority
of data science jobs were posted by very large corporations and that most companies gave
roughly equal weight to bachelor’s and master’s degrees when looking for candidates (2020).
This is advantageous to someone who is looking to change careers into data science, since the
Stoney 7
educational barrier to entry is not as high as one might think. However potential candidates still
need to be on top of their data science skills before entering into the field. In addition to Python
and similar programming language competencies, employers are seeking candidates with
machine learning, statistics, data visualization and database knowledge as well as excellent
communication skills and the ability to function in a team setting (Krastev, 2020).
There are several classes required by the CS Online program at CSU Monterey Bay that
can help develop the skills needed to become a data scientist (“Computer Science, BS Online”,
n.d.). First is CST 363 – Introduction to Database Systems, which would be vital to both data
science as well as web development and many other fields. CST 300 – The Major Pro Seminar,
as well as CST 462S – Race, Gender, Class in the Digital World are both required courses that
would help enormously with the communication and teamwork skills that employers are seeking.
In addition there is an elective, CST 383 – Introduction to Data Science that should give anyone
interested in the field a great overview and some experience with the techniques and
In addition to university coursework, there are other ways to increase the chance of finding
employment. Having a portfolio of personal projects is very useful. These projects can be any
substantial pieces of coding written during school or personal time. A great example for data
science would be to acquire a large data set (many can be found for free) and turn it into some
piece of actionable intelligence in the form of graphs, charts and reports. Even better if it is a
web application that has customizable user functionalities. One such example is a web app that
takes Major League Baseball statistics, analyzes them and presents the results in a fast and user-
Stoney 8
friendly format for anyone into sports betting or fantasy baseball leagues. Having one or more
finished projects like this to show to employers looks very good on a resume.
Although the field of data science is fairly new, it has grown tremendously in recent years
and shows strong signs of continuing this growth as more companies realize how necessary it is.
Data has become the gold standard of the tech industry and the need for people to manage the
massive amounts of data we send and receive is going to continue to rise. Companies like
Facebook have demonstrated that successfully handling big data can be extremely profitable, and
sometimes even dangerous in terms of ethics. But despite the challenges, careers in data science
are proving to be extremely worthwhile for individuals who have the drive and skill to take on
the challenge.
Stoney 9
References
AstrumPeople. (n.d.). Mark Zuckerberg Biography: Success Story of Facebook Founder and
CEO. https://astrumpeople.com/mark-zuckerberg-biography-success-story-of-facebook-
founder-and-ceo/
https://www.biography.com/business-figure/mark-zuckerberg
Brügger, N. (2014). A brief history of Facebook as a media text: The development of an empty
structure. https://firstmonday.org/ojs/index.php/fm/article/view/5423/4466#p1
Bureau of Labor Statistics (2020, September 01). Computer and Information Research
information-technology/computer-and-information-research-scientists.htm
https://catalog.csumb.edu/preview_program.php?catoid=1&poid=218
Davenport, T. H., & Patil, D. J. (2017, May 26). Data Scientist: The Sexiest Job of the 21st
Century. https://hbr.org/2012/10/data-scientist-the-sexiest-job-of-the-21st-century
Kambhampaty, S. (2018, July 23). Council Post: It's All About Data.
https://www.forbes.com/sites/forbestechcouncil/2018/07/23/its-all-about-data/?
sh=4637a1386855
Krastev, N. (2020, October 22). Study: What are the requirements for data scientist jobs in
2020? https://blogs.oracle.com/datascience/data-scientist-job-requirements-2020
Stoney 10
McGinn, T. J. (2004, May 28). Online Facebooks Duel Over Tangled Web of Authorship.
https://www.thecrimson.com/article/2004/5/28/online-facebooks-duel-over-tangled-web/
Vlachanov, I. (2018, June). The What, Where and How of Data for Data Science.
https://www.kdnuggets.com/2018/06/what-where-how-data-science.html
science/what-is-data-science/