According to IBM, there is a predicted increase in the data science job openings by 364,000 to 2,720,000.
We can summarize the trends leading to the future of data science in the following three points –
- The increase of complex data science algorithms will be subsumed in packages in a magnitude making them quite easier to deploy. For example, a simple machine learning algorithms like decision trees which required huge resources in the past can now be easily deployed.
- Large Scale Enterprises are rapidly adopting machine learning for driving their business in several ways. Automation of several tasks is one of the key future goals of the industries. As a result, they are able to prevent losses from taking place.
- As discussed above, the prevalence of academic programs and data literacy initiatives are allowing students to get exposed to data related disciplines. This is imparting a competitive edge to the students in order to help them stay ahead of the curve.