What are the benefits of learning data science? What can I do with it?

Question

Could someone tell me what are the benefits of learning data science and what can I do with it?

Answer 1

Data Science employs mathematical, scientific, and statistical methods and algorithms to collect data from various reliable sources and analyze them to generate insights. These insights are useful to organizations for better decision-making and optimize operations as well as improve revenues. Data Science is a tremendous advantage to have because of this fact.

Data Science has extensive applications and in demand across various sectors of the industry. Here are a few:

• Healthcare

• Logistics

• Sports

• Digital Marketing

• Financial Institutions and Banks

• Travel

• Crime Investigations

• E-Commerce

• Social Media

• Search Engines

Data Science is one of the top-ranked and highest paying jobs in the world and Data Science professionals are in high demand globally. 

• 19,000 openings are available on LinkedIn for Data Science professionals in the US

• 41,000 job openings are available on Naukri for Data Science professionals in India

• US$122,579 is the average annual income of Data Science professionals in the US as per Indeed. 

• The average annual salary of a Data Science professional in India is ₹990,000 - Glassdoor

One can become a professional Data Scientist by enrolling in Intellipaat Data Scientist Course. Data Science is closely related to Machine Learning, Big Data, and Artificial Intelligence, and when used in conjunction, can have a myriad of other applications. In today’s age, without Data Science, devices as simple as your smartphone will lose the very features that make it smart and cease to give you the experience you desire. 

Learn more about Data Science from this video: