What is Data Science?

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What is Data Science?

Data science encompasses many different skill sets, including statistics, analytics, data visualization and data management. Data science uses advanced statistical analysis to extract and manage data for business decision-making and client needs. 

In this article, we’ll discuss the growth of data science, the career outlook of the data science industry and how to use an online data science program to progress in this booming industry. 

The Growth of Data Science

With the growth of the internet and technology, data science has become a high-growth career choice 

Businesses have always maintained their data, but typically in excel spreadsheets or on paper. Data storage used to take a lot of time to import numbers from paper format to excel spreadsheets. The advancement of data storage capabilities has provided a pathway for businesses to store their data in data warehouses to manage their data. 

In the past, businesses were only able to see snapshots of their data. Businesses can now use data visualization, such as Tableau and Microsoft Power BI, to show historical trends and analyze their data to public audiences with viewer-friendly dashboards. Businesses also have the power to use machine learning, artificial intelligence and predictive analytic tools to help guide their current and future decision-making.

Tech companies were the first to begin using data science, but it eventually transitioned to other companies. Organizations that typically didn’t use big data are realizing that it’s the way of the future.  

Data Science Career Outlook 

An online Data Science program can help you gain and master the necessary technical skills to thrive in your potential dream career. 

According to the U.S. Bureau of Labor Statistics (BLS), a data scientist and analyst can work in various industries including: 

  • Scientific research and development
  • Software publishers
  • Computer systems design
  • Management of companies and enterprises
  • Data processing, hosting, and related services

The BLS estimates that the median annual wage for a data scientist in May 2021 was $100,910. The continued growth of technology secures the development of data scientists across industries, mainly in part to the need for data-driven decision-making.

How to Break Into the Data Science Industry

U.S. News & World Report cites data scientists in its “2022 Best Technology Jobs” business list, ranking number 3. 

The growth potential for a data science career is high due to the increasing demand for the specialization. Choosing to study for a data science career is a great way to secure a fulfilling and high-earning career.   

Greensboro College’s online data science career development program teaches you the tools to succeed in several positions within data science. Rather than taking several courses unrelated to your future career, you’ll invest in courses specifically designed to ensure your success. 

Knowledge of a programming language, such as Python or SQL, to write scripts and implement algorithms, is extremely important for a great data science career.  As are data visualization and reporting because businesses need someone who can explain their data trends, patterns and outliers, in an appealing and easy-to-view manner.

The online program teaches you all of these things and more in less than 8 months and the classes are fully online. Completing this program will help you break into the data science industry. 

If you’re interested in advancing your data science career or breaking into the industry, then visit our Data Science program page today! 

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