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    Big Data Makes Future Look Bright for Data Scientists

    Feb 22, 2017

    As reported on Information-Management.com, the Harvard Business Review has said the data scientist is “the sexiest job of the 21st century.” Likewise, McKinsey & Company, a management consultant firm, has projected that in the United States alone some 1.5 million data scientists will be needed – that is, professionals who can analyze big data to make effective decisions.

    Leveraging big data can pay off. The article cites the 2016 McKinsey study to show that investments in big data yield a multiple of 1.4 to 2.0 on the level of investment, increasing profits an average of 6%.

    In related news, the annual Glassdoor report suggests that data scientist remains the top job in America, based on hiring demand, job satisfaction, and pay potential. Technology and data jobs dominated the rankings; 18 of the top 50 jobs are in the tech and data fields.

    Information governance professionals who are looking for new career opportunities should investigate this opportunity. It would be of particular interest to anyone who has a strong math and technology background. Those skills could be merged with their ability to analyze the organization’s business needs, and therefore identify and exploit potential solutions.

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