Companies of all sizes are starting to realize the benefits of data, which is helping many businesses to compete with their competitors. By utilizing data, large and small enterprises can refine their business strategies to help them connect with the end-consumer and enjoy sustainable growth. If you, like us, believe data is the future for all businesses, check out the following five data careers that are certainly worth considering for a vocation.
2.5 quintillion gigabytes of data are created each day, and it’s believed there will be 50,000 quintillion gigabytes of data generated by 2018. To provide relevant business insights, the significant raw data will need to be both processed and refined, which is why a data scientist will undoubtedly become a sought-after career. A data scientist is responsible for developing tools and methodologies, such as algorithms, to crunch considerable sets of data, so businesses can apply the unique findings into their daily operations. Not only will a data scientist track data, but he or she will also be responsible for predicting future market trends and using the information to make recommendations.
While a data scientist will analyze external data, a business analyst will be responsible for analyzing a company’s internal processes. As a result, the information can lead to improved productivity and resource management. A business analyst will therefore analyze business and financial models to identify areas for improvement, such as infrastructure alterations or new technologies. Those wanting to enjoy a successful career as a business analyst should
work hard to gain a business analytics degree. Find out more at http://onlinedsa.merrimack.edu/.
A data analyst is responsible for collecting, processing and statistically analyzing a set of data. The insights will then help a business to identify the best solutions to their problems. While the role is often not as technical as a data scientist, it can be a sought-after, lucrative career.
Digital marketing has the power to transform different companies in different industries, as marketers utilize the power of SEO, social media, PPC and email marketing to help grow local, national, and international businesses online. To help refine digital marketing strategies, professional marketers are turning to data to maximize visibility online and create a substantial return on investment. Those with marketing knowledge and data skills will therefore be in demand by digital marketing companies.
A product manager will need to possess data analytics skills to outline every step of a product development cycle, from conception to promotion. The role will require them to identify market trends and to spot any potential gaps in the market once the product has been conceptualized. What’s more, a product manager must conduct a thorough user data analysis to identify the necessary improvements for the next version. As you can see, there are a variety of sought-after data careers which companies need to grow their businesses, and each are certainly a worthy consideration for those hoping to embark on a data-driven vocation.