Data analytics is among the fastest-growing industries in the world at the moment. Given the amount of data the world has created intohe past two years, it seems like those currently in the process of acquiring data science skills will make a fortune in the future. And that’s exactly why, the relevance of data science certifications has skyrocketed in the recent past.
An overwhelming, 2.5 quintillion bytes of data is getting produced each day across the globe. As per the International Data Corporation, the global big data revenues soared to a staggering $150.8 billion in 2017, and since then, it has grown manifolds.
Thousands of Big Data Job Openings Are Going Unfilled
The level of inadequacy of data analysts can be understood by the fact that thousands of data science job roles go unfilled each year. According to an IBM report, the number of job openings in data analytics sector in the US will grow from 364,000 to 2,720,000 in 2020, which is somewhat overwhelming.
As per the same study, the job vacancies for data science roles keep open five days longer as compared to openings in the other business functions.
Further, the demand for skilled big data professionals is expected to grow at the rate of 39% in the next five years, thus making the said industry, the fastest-growing across all business spheres and domains that presently exist.
What Skills Are the Firms That Employ Data Professionals Looking For?
Trained Data Professionals Are Being Preferred: A majority of employers are going through candidates’ profiles seeking for the previous training he has had taken in the past. Besides, they are also judging you for the freshness of the credentials acquired in data science.
As per IT market research firm Foote Partners, the value of data certifications and the related skills has increased significantly in each quarter in the last two years. Moreover, it certainly matters, from where you obtain your data analytics credential.
Whether, it’s a world-renowned body that has issued the certification in your name, or is it some national accreditation entity that bestowed it on you. Because, that is what demonstrates the quality of the training you obtained.
Skill-Prowess Determines Your Remuneration: Data analytics is one such field where the remunerations are decided basis the technical prowess you hold. It certainly helps in this industry, demand big remunerations, and also get the same, if you really possess some exceptional skills in the said domain.
However, the median salary for data science professionals in the US beats the average salary in other industries, or business functions. Data analysts, currently score an average of $99,558 per annum in the US. Enhancing your skillset further, either by enrolling into much-valuable data science certificate programs, or opting for an online data analytics certification, can help you earn as high as $110,000 annually as a data analyst.
Certifications Play a Vital Role in Career-Change, and Work Promotions
If anyone considers a career change, a professional certification can do wonders for him. Being equipped with a relevant certification, one can easily traverse across varied functions within the data analytics subject domain. Armed with an online credential, it simply opens up the doors for you to enter new divisions within the vast data analytics sector.
Even, for an IJP (Internal Job Posting), the talent management team preferably puts their money on certified individuals from within the organization, and not the non-certified ones. That is why, gaining skill credentials that are industry-relevant, plays a crucial part in getting one promoted at work.
For a young graduate, attaining a data science certification on top of his degree, serves as an ideal qualification to appear for entry-level job interviews for data analyst roles. We would recommend every fresh graduate having a degree in business studies, mathematics, statistics, economics, or a related subject discipline, to enrol in at least one data science credentialing program.