There is currently a shortage of data scientists – with companies looking for programmers and analytical thinkers to plug the gapThe emergence of big data – a term used to describe sets of data so large,disparate and proliferating that traditional data processing applications aren’t able to handle them – has led to a growing need for skilled professionals who can mine and interpret the required data sets to befriend businesses make better strategic decisions.
Britain is expected to create an average of 56000 big data jobs a year until 2020. With big data talent in short supply, companies are increasingly willing to pay sky-tall salaries to bring in the proper skillsets, and with many individuals commanding six figures. McKinsey & Company reports that by 2018,there will be 140000–190000 data scientist job postings that travel unfulfilled. Worse (for the employers), there will be 1.5 million managers needed to optimise available data. Therefore, or the next three years offer a veritable goldmine for data scientists.
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Source: theguardian.com