Why Data Science?
It is the ’sexiest job of the 21st century’. A revolutionary technology that has become a major topic and a talk of the day. Data science is becoming the hottest job in the IT sector, becoming a data scientist is a wish to most people in this generation. Today’s’ feature we shall discuss the advantages and disadvantages of data science and to give you a reason to consider data science as a career.
What is Data Science?
Data science is the study of data. It is the study of extraction of information or knowledge from data. It involves the use scientific methods, processes, analysis, algorithms and systems to extract information from data and create insights. Data Science requires the usage of both unstructured and structured data. It is a multidisciplinary field that has its roots in statistics, mathematics and computer science.
Or simply call data science the hot job in the 21st century.
Advantages and Disadvantages of Data Science
Data Science is massive and has its own fair share of advantages and limitations. We shall measure the pros and cons of Data Science. This article will help you to assess yourself and take the right course in the field of Data Science.
Advantages of Data Science
- In demand
Data science is on a high demand in the current society. Almost every person is interested in this career data scientists are needed in the job market due to the large amounts on data being created every day it is predicted to create 11.5 million jobs by 2026. this makes data science a promising career in future. With the high rate at which data is generated a data scientist will be a very marketable person in the society every company and cooperation will need one.
- Data Science will Save Lives
In the healthcare sector great improvements have taken place since the emergence of data science. With the advent of machine learning, it has been made easier to detect early-stage tumors. Also, many other health-care industries are using Data Science to help their clients. With the fight against diseases such as cancer data is an essential necessity that will help in the discovery of a cure with data science lives will change.
- It improves the quality of Data
Companies and Organizations require preparing and breaking down of their information after preparing and examining, they deal with the nature of the information. Along these lines, this field of science includes improving information further.
- Data Science improves quality of services and products
Data Science involves the use of machine learning which has enabled industries to create better products tailored specifically for customer experiences. For example, Recommendation Systems used by e-commerce websites provide personalized insights to users based on their historical purchases.
- Data Science is Versatile
There are numerous applications of Data Science. It is widely used in health-care, banking, consultancy services, and e-commerce, transport industries. Data Science is a very versatile field. This will give you the opportunity to work in various fields.
- Data Science will Make You A Better Person
Data Science will not only give you a great career but also help you in personal growth. You will be able to have a problem-solving attitude. Data science secure your future since it is a growing technology.
- A Highly Paying Career
According to Glass-door, Data Scientists make an average of $116,100 per year. It is one of the most highly paid jobs. Due to this fact a career that is well paying is one that a person should consider.
Disadvantages of Data Science
In everything that has an advantage it must have a disadvantage. We shall now look at the other side of the coin we call data science in order to get the actual picture of data science as a career.
- Data Privacy
In many industries, data is their fuel. A Data Scientist will help companies to make data-driven decisions. Data utilized in the process may breach the privacy of customers. The personal data of an individual is visible in the parent company and at times may leak due to security leaks. This posses a challenge in the data industries
- Unproved Data May Yield Unexpected Results
Data Scientist analyze data and make careful predictions in order to facilitate the decision-making process. When unproved data is analyzed it does not yield the expected results. This can also fail due to weak management and poor utilization of resources.
- Data science is a general and unclear term
Data Science is a very general term and does not have a definite definition.
Data Science is becoming a gold mine, with both the advantages and disadvantages we are able to understand what one will be up to if they decide to take up data science as a career. From being a marketable, a well paying and a life changing career it also brings to the table an unclear path when it may be used in predictions. It is a new and evolving technology that is moving at a rapid pace it is up to you to decide whether data science is the path to follow in your career. Looking at the glass half full rather than half empty is the best approach when it comes to data science.
Hope you liked our article on the pros and cons of data science. Share your feedback through comments.