WHERE  LATIN AMERICAN DEVELOPERS & ENGINEERS  MEET  US-BASED COMPANIES

Your Career

In Software Development

Insights

Data Science

Mar 4, 2022 | Career Path

Data science is the study of large amounts of data using cutting-edge tools and methodologies to uncover previously unknown patterns, extract valuable information, and make business choices. Data science creates prediction models through the application of sophisticated machine learning algorithms.

The data used in the analysis might originate from a variety of different sources and be provided in a variety of different ways.

Given the vast volumes of data created today, data science is a critical component of many companies and is one of the most contentious subjects in IT circles. Its popularity has increased over time, and businesses have begun applying data science approaches in order to develop their businesses and improve consumer happiness.

What makes a data science salary?

According to a May 2020 BLS study, data scientists and comparable jobs earn an average of $103,930. Additionally, depending on the industry, you may earn more. For example, the BLS states that people employed in scientific research and development services make an average salary of $109,610. The average income in computer systems design and associated businesses is $111,490.

Data science masters

The MSDS degree is a professional master’s program aimed for individuals interested in pursuing professions in data science or advancing their careers. The program is offered on a full-time or part-time basis.
The industry-relevant program teaches you how to mine big data for meaningful insights. You will develop expertise in statistical modeling, data management, machine learning, data visualization, software engineering, research design, data ethics, and user experience through this program in order to meet the growing industry requirements, non-profit organizations, government agencies, and other organizations.
A master’s degree in data science is advantageous for people seeking leadership positions in the area. Students go deeper into the study and use of gathered data, which includes big, complicated collections dubbed “Big Data.”

How to find jobs for data science

Data science is a vast field of study with a diverse set of applications and responsibilities. When applying for employment, it’s critical to conduct thorough research about the responsibilities of the position and the sector in which you’ll be working. Additionally, it’s critical to examine what companies need a data scientist. These factors may have a significant influence on the work you accomplish on a daily basis, as well as your overall enjoyment — and success — in a career.

To begin your job search for data science positions, you must first determine where to seek. You can search online job boards, network via social media platforms, consult corporate websites, network at conferences and events, or become a member of a data science community.

What software is used for data science?

A Data Scientist is in charge of data extraction, manipulation, pre-processing, and prediction. They require a variety of statistical tools and computer languages to do this.

SAS is one of the tools that data scientists employ. SAS is a data science tool that was created primarily for statistical operations. SAS is a closed source proprietary data analysis program that is utilized by major enterprises. SAS is a statistical modeling language that is built on top of SAS. It is commonly utilized by experts and businesses engaged in the development of dependable commercial software. SAS provides a variety of statistical libraries and tools that you may use as a Data Scientist to model and organize your data.

Other tools used by data scientists include but are not limited to Apache Spark, BigML, D3.js, MATLAB, Excel, ggplot2, Tableau, Jupyter and Matplotlib.

Is data science a software development?

While data science is concerned with the collection and analysis of data, software engineering is concerned with the development of applications and services for users. Programming abilities are required for careers in data science and software engineering. Whereas data science include statistical analysis and machine learning, software engineering is mainly concerned with programming languages.

Can software engineers do data science?

While every Data Scientist is also a Software Engineer, not all Software Engineers are Data Scientists.

A Data Scientist, nevertheless, is more concerned with formulating a Problem Statement, querying data, conducting exploratory data analysis, constructing models, and interpreting results.

Data Scientists deal with organized and unstructured Big Data, combining it with Mathematics and Science in order to obtain conclusions from it. Their typical role is to obtain data from a Data Engineer, identify characteristics and labels, model them using algorithms, test and train the models, and then interpret or forecast the outcomes.

What is the best data science tool?

Stastical and Analysis System (SAS) is one of the best and most widely used data science tool.

The SAS Institute created SAS as a statistical and advanced analytics tool. It is one of the first data analysis tools, having been designed primarily for statistical procedures. SAS is frequently utilized by individuals and organizations that place a high premium on sophisticated analytics and complicated statistical processes. This reputable commercial program includes a variety of statistical libraries and tools for modeling and organizing data.

Why Python is used for data science?

Python is a free, interpreted, high-level programming language that offers an excellent approach to object-oriented programming. It is one of the most effective languages for data scientists to employ in a variety of data science projects/applications. Python is an excellent language for dealing with mathematics, statistics, and scientific functions. It has excellent libraries for handling data science applications.

Python is extensively used in the scientific and research areas because to its ease of use and straightforward syntax, which makes it easier for persons without a technical experience to adapt. Additionally, it is better suited for rapid prototyping.

Is Tableau used in data science?

Yes. Tableau is a Data Visualization application that is widely used by Data Science and Business Intelligence professionals today. It lets you to build dynamic and vibrant visualizations that are intelligent and compelling. It is not limited to the creation of conventional graphs and charts.

Is data scientist a good job?

Yes, data science is an excellent career path with huge future progression potential. Already, demand is great, earnings are competitive, and benefits are many – which is why LinkedIn named Data Scientist “the most promising career” and Glassdoor named it “the finest job in America.”

Who gets paid more data scientist or data analyst?

Data scientists get paid more than data analysts. It’s unsurprising that data scientists make substantially more than data analysts. The typical compensation of a data analyst varies by specialty – financial analysts, market research analysts, operations analysts, and others. According to a 2012 pay study conducted by the Bureau of Labor Statistics (BLS), market research analysts earn an average of $60,570, operations research analysts earn an average of $70,960, and financial analysts earn an average of $74,350. By 2022, the BLS projects that the analytics employment market will rise by a third, reaching around 131,500 positions.

Are software engineers happy?

As with every profession, there are happy and disgruntled members. Happiness comes from within, not from outside; neither a job nor a person, other than yourself, can make you happy. Essentially, there is a widespread tendency toward high levels of satisfaction among software engineers.

Can a Software Engineer become a millionaire?

According to an anonymous Glassdoor poll, the average base salary for a software engineer is $89,201 per year. However, salary differs significantly between employers. The salary you’ll get is highly dependent on your experience, your bargaining abilities, and your employer preference.

Software engineers with experience who work for the proper organization might earn several hundred thousand dollars per year. A few experienced programmers can even command millions.

Whether you’re a fresh graduate of a coding bootcamp or a mid-career software engineer, the issue remains the same: Where should you go for the highest-paying software engineer positions? The answer is contingent upon your degree of expertise.

Is data science harder than computer science?

The diverse difficulties and responsibilities associated with data science and computer science will appeal to individuals with a variety of dispositions, interests, and abilities.

Data science is not easier, neither is it harder than computer science. Operating in both realms requires a distinct set of skills. To be a Software Engineer, you must be able to code.

Do data scientists get paid more than software engineers?

On average, a highly experienced software engineer makes $178,000, compared to $155,000 for a data scientist with equal experience and skills. (Source:Robert Half’s Salary Guide)

A similar distinction is made between experience and skill levels. However, the compensation of any expert is determined by a number of criteria, for instance, level of experience

What skills do you need for data science?

As demand for data scientists grows, the subject offers an appealing career path for both students and established professionals. This includes those who are not data scientists but are preoccupied with data and data science, prompting them to inquire about the data science and big data skills required for employment in data science.

Utilizing Big Data as a source of insight has increased demand for data scientists at the corporate level across all business verticals. Whether it’s to optimize the product development process, increase customer retention, or mine data for new business prospects, enterprises increasingly rely on data scientist skills to survive, grow, and stay one step ahead of the competition. Some of the most important data science skills include:

  • Programming
  • Knowledge of SAS and Other Analytical Tools
  • Adept at Working with Unstructured Data
  • A Strong Business Acumen
  • Strong Communication Skills
  • Great Data Intuition

How can I become a data scientist?

Data science is one of the most rapidly increasing fields of study in the twenty-first century. Every industry, from enterprises to non-profit organizations to government institutions, has pressing concerns that Big Data can address. There is a limitless quantity of data that can be sorted, processed, and used to a variety of different purposes.

To become a data scientist, there are three main stages to take:

  • Acquire a bachelor’s degree in information technology, computer science, mathematics, business, or a closely related discipline.
  • Acquire a master’s degree in data science or a closely related discipline
  • Acquire experience in the field in which you wish to work (example: healthcare, physics, business).

How many subjects are there in data science?

The syllabus for a data science course consists of three major subjects: big data, machine learning, and data modeling. Data science disciplines include mathematics, statistics, coding, business intelligence, data analysis, machine learning, and big data.

Which is harder Java or Python?

The primary distinction between the two languages is in their syntactic complexity. While Python has a clean, English-based syntax that makes writing quick and simple, Java has a more complicated syntax that needs more lines of code.

Python is a fast language that is easy to learn and closely linked with ordinary English.
On the other side, Java’s script is slightly more complex and significantly longer

Is Java used in data science?

Java may be used for a variety of data science and data analysis activities, including data cleansing, data import and export, statistical analysis, deep learning, natural language processing (NLP), and data visualization.

Is R better than Python for data science?

If you’re enthusiastic about the statistical computation and visualization aspects of data analysis, R may be a good fit. Python, on the other hand, is a better fit if you’re interested in becoming a data scientist and dealing with big data, artificial intelligence, and deep learning algorithms.

Should I learn Python before Tableau?

No, you should not learn to program only for the sake of using Tableau. Because Python and R are only utilized in extremely complex and unique situations in calculated fields, you are unlikely to meet such a necessity anytime soon.

Does Tableau use Python?

Tableau does not need programming for basic use. Tableau uses drag-and-drop functionality to create charts without requiring any coding knowledge and is not intended for data cleansing via scripting. However, sophisticated Tableau users may enhance visuals and create models using Python and R code.

What is difference between data science and data analyst?

Simply defined, a data analyst makes sense of current data, whereas a data scientist develops new methods for collecting and analyzing data for analysts to utilize. If you enjoy both mathematics and statistics and computer programming, either path may be a suitable fit for your professional aspirations.

Is data science a stressful job?

Data science may be a demanding career due to its inherent challenges. However, determining whether a job is actually stressful or not is very subjective, since it is highly dependent on the conditions, working environment, and project. While many who are passionate about their work love it, others may face evident stress.

Are data scientists rich?

According to Glassdoor, data scientists earn the second highest median base wage in the United States, at $113,736 per year.

Is data science a safe career?

Generally, data science is a job-secure field. Automation should be the furthest thing from your mind. There is a rapidly growing need for data scientists in job vacancies, even at the entry level, yet the supply is hardly adequate.

To Conclude

Because data science is required by practically every business, organization, and government body in the country and throughout the world, it is a career worth significant consideration. Many data scientists will have a strong background in business, either in specific sectors of the economy (such as automotive or insurance) or in business-related professions such as marketing or finance. If you are looking to have a great career being a Software Data Science specialist, you may contact Sonatafy, a top IT website which aims at building a community for software developers and engineers in Mexico (and eventually Latin America).