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Data Science Trends 2023
Data Science Trends 2023
Themes
If the 21st century has shown us anything, it’s that big data is only going to
continue to get… well, bigger. In fact, even the name “big data” makes
reference to the ever-expanding nature of information technology that allows
for more and more valuable data to be captured and interpreted. Over the last
thirty years especially, we’ve witnessed the way that these insights can
transform how entire industries operate, from enhancing marketing research
and development to identifying areas for improvement in a company’s
production model.
But if big data has been trending for so long already, what developments is it
likely to undergo in the year to come? Experts have identified a few of the
following as key concerns for big data professionals in 2023:
Read on to discover our list of the specific data science trends of 2023 for
insight into where we are and where we’re headed.
Data Analytics
Analytics is one of the key fields of data science likely to undergo major
transformations in the year ahead. Below are a few of the new data analytics
trends to look out for.
Real-Time Analytics
Though it might seem like it couldn’t possibly continue to grow, the presence
of mobile devices is ever-expanding in communities all over the globe. This
means that there is significantly more mobile data to be captured. For certain
industries, mobile analytics are the core of their strategy, providing the most
revealing and useful information to guide marketing and advertising tactics.
This includes registering user engagement, customer satisfaction, monitoring
in-app traffic, and identifying security threats.
Artificial Intelligence
Recent years have made clear that artificial intelligence has made
monumental leaps that are likely to change not only the way we do business
but the way we live. Outside of data science, this has already risen to popular
consciousness: A.I. programs that augment or generate images and texts
have already begun to trend even among those who don’t know much about
information technology.
Below are a few of the ways that artificial intelligence is likely to continue to
trend in 2023.
Augmented Analytics
Within the field of big data, one of the main ways artificial intelligence is being
employed is to help collect the ever-increasing amounts of data being
captured and stored by new devices. This is in step with the global
population’s increased dependence on technology to go about their everyday
lives.
In order to keep up with the huge amounts of information that are continuously
coming in, machine learning and AI tools are improving their processing
functions to expedite this process, preparing and meaningfully analyzing a
tremendous amount of new data. This is known as Augmented
Analytics, and it can help businesses vastly.
Augmented analytics also fits into the category of Business Intelligence. The
field is expected to grow at a breathtaking speed in the years to come.
Deep Learning
When people think of A.I., what they imagine is most comparable to deep
learning, the branch of artificial intelligence devoted to training computers to
behave like humans. These respond to neural network architectures and large
sets of data that so far have been shown to be demonstrably effective. Indeed,
in 2023 data scientists and casual observers alike are likely to take note of the
increasing ability of computers to mirror human interactions.
For businesses, deep learning can be used to anticipate human behaviors,
which in turn can impact areas including marketing and overall business
strategies. As this technology grows more sophisticated, it will only continue to
transform our approach to customer service and impact how businesses
understand their customers’ needs.
Data Science Jobs
For those who are considering breaking into the field of big data, here’s some
exciting data science news: according to the Bureau of Labor Statistics,
careers in big data are likely to be trending for years to come. This translates
to more job openings and higher overall salaries, as data scientists are
becoming ever-more valued by employers in all different sorts of industries.
Indeed, the numbers for data scientists are impressive by any metric: the
Bureau of Labor Statistics reports an estimated job growth rate of an
astonishing 36% by 2031, which is significantly higher than estimates for other
professions. Over the years, different regions across the United States have
become hubs for the tech industry, meaning an especially high concentration
of data science job opportunities are available. Statistics from May
2021 reveal that the states with the highest employment levels for data
scientists are California, New York, Texas, North Carolina, and Illinois.
In step with job growth projections, average data science salaries are
exceptionally high relative to other professions. The Bureau of Labor Statistics
reports a median annual salary of $100,910, with those in the highest-earning
industry of scientific research and development earning a median annual
salary of $102,750.
Those who work in the arena of data visualization must be mindful not only of
not only the medium in which they are working but the interface on which it will
be seen. For those who provide data visualizations for remote clients, it’s
important to remember that they may often review data visualizations on their
mobile devices, meaning your visualization methods must be optimized to suit
phones and tablets in addition to computers. Though it may sound simple,
ease of access is a crucial factor in establishing long-term relationships with
your clients, which means it’s imperative to confirm that your visualization
products are reaching them quickly and straightforwardly. This is another data
science trend to look out for in 2023.
Python Growth
Python has long been one of the leading programming languages in data
science, and in recent years has become the standard programming language
for those in the field of data analysis. This is only likely to increase in the
coming year, thanks to its relative ease of use (it is many beginners’ first
programming language), its large number of data science libraries and
machine learning libraries, and its availability for use in designing blockchain
applications. Because of this, experts suggest that we are likely to see Python
become the #1 programming language overall for data scientists, outpacing
the other leading programming languages (javascript, java, and r).
If you are interested in pursuing a career in the data sciences, the message
here is clear: if you have a choice of which programming language to learn
first, Python is your strongest choice. Because of its rising popularity, it is
possible that your degree program will also make teaching Python a priority
for new students.
Cybersecurity
Below are a few of the key issues in cybersecurity that data scientists will face
in the year ahead.
Adversarial Machine Learning Combating
Among the key targets of recent cyberattacks have been machine learning
algorithms – the same system that has been radicalizing the world of big data
in a whole variety of ways mentioned above. To prevent this, cybersecurity
experts are working overtime to study adversarial machine learning to
understand how these attacks work and what they can do to help prevent
them in the future.
Indeed, there is reason to fear that these systems are under threat. A recent
study by the Institute of Electrical and Electronic Engineers (IEEE) speaks in
no uncertain terms, stating, “industry practitioners are not equipped with
tactical and strategic tools to protect, detect and respond to attacks on their
Machine Learning (M.L.) systems.” They argue that this is because data
science research has so far been out of step with the rapidly growing
capacities of M.L., which, being so instrumental to so many big data functions,
is a major target for cyberattacks. Their study reveals that these systems
themselves are not just attractive to cyberattackers but highly vulnerable, as
they are insufficiently understood by data scientists.
For those interested in pursuing careers in cybersecurity, advances in
adversarial machine learning is a piece of data science news to follow in 2023,
as it is likely to make a lasting impact on many parts of the cybersecurity
profession.
Consumer Data Protection
Security scandals have been a huge part of data science news over the years,
in particular the Cambridge Analytica scandal, which exposed the illegal
harvesting of private data accessed through individuals’ Facebook accounts to
inform political campaigning. Indeed, data breaches of this nature are a huge
source of anxiety and outrage among the public. This expands the job of
cybersecurity experts whose efforts will not only help protect the companies
they work for but will also contribute to the overall data safety of the public.
While cybersecurity experts will help figure out best practices for creating
security programs as well as strategies to prevent increasingly sophisticated
cyberattacks, there will also be significant efforts made in the realm of data
science law to curb organizations’ and individuals’ ease of accessing data that
is meant to be private.