Due to our more interconnected society, the world’s economy has been leaning more and more towards analytics these days. Companies have been collecting data for many years now, and there is a huge demand for the so called “data scientists” (people with a knowledge mix of mathematicians, trend-spotters and computer scientists). These people are the ones that decipher large volumes of data and carry out analysis to find trends in the data and gain deeper insight into what it means.
As a data scientist, there are many career roles someone can serve. Data scientists can be:
Business Intelligence Analyst
A BI analyst uses data to help figure out market and business trends by analyzing data to develop a clearer picture of where the company stands.
Data Mining Engineer
A data mining engineer examines not only the data for their own business but also that of third parties. In addition to analyzing data, they will create sophisticated algorithms to help analyze the data further.
Data architects work closely with users, system designers, and developers to create blueprints that data management systems use to centralize, integrate, maintain, and protect data sources.
Data scientists begin by translating a business case into an analytics agenda, developing hypotheses, and understanding data—as well as exploring patterns to measure what impact they will have on businesses. They also find and choose algorithms to help further analyze data. They use business analytics to not only explain what effect the data is going to have on a company in the future but can also help devise solutions that will help the company to move forward.
Senior Data Scientist
A senior data scientist can anticipate what a business’s future needs will be. Apart from gathering data, they also analyze it thoroughly in order to resolve highly complex business problems efficiently. Through their experience, they can not only design but drive forward the creation of new standards, as well as create ways to use statistical data, and also develop tools to help further analyze the data.
At C3S, you can get started in a career of data science with a Level 7 Diploma in Data Science and Business Analytics. For more information, click here.