According to recent reports, in the last two years, we have created 90 per cent of data that is available today. The way the internet is being used has been revolutionised with the presence of smartphones and social web. With billions of people around the world utilizing the internet and generating tons of user data; corporate, brands and government are being bamboozled on how to use this data responsibly when it comes to functional and financial decision-making.
New innovative technologies like ML, AI, VR etc. are making information more accessible, in other words making our life easier. With more Malaysian entities deploying AI-enabled solutions by the end of 2019, there will be a huge influx in demand for Data Science and AI experts. Thus, such careers will soon be the next big technology expertise in demand by companies across sectors like the beauty sector and the service industry.
This means this is exactly the right time to plan your career in Data Science and AI. Top reasons for choosing a career are;
Big Time Adoption of Artificial Intelligence and Big Data Analytics
Increasingly sophisticated data analytics are now easier to access on a very large and diverse data sets thanks to new technologies. This is evident as experts from i4 Academy Malaysia reports many companies are now resorting to some form of advanced analytics on Big Data, for Business Intelligence, Predictive Analytics and Data Mining tasks.
Meeting the Skill Gap and Huge Job Opportunities
If you are a prospective job seeker, you now have tonnes of opportunities for work. LinkedIn predicts that it is the fastest-growing job and is set to create 11.5 million jobs by 2026. This makes Data Science and AI a highly employable sector with many companies out there looking to hire managers and analysts who can understand and make decisions using Big Data.
Positions In Abundance
Great news! The demand for skilled AI professionals and Data Scientists is constantly increasing across industries like Healthcare, Banking, Finance, Insurance, Media and Entertainment, Telecom, E-commerce among others. Currently, the demand of professional outweighs the supply.
Highly Paid Career
It is said that Data Scientists can make an average of US$116,100 per year easily. The demand for individuals with AI skills like machine learning and deep learning is sought after in almost every industrial sector making these career options highly lucrative. Important to note that the highest paid jobs in the industry are the roles as Data Engineer, Analyst, Statistician, Applied Machine Learning Engineer, Data Scientist and Social Scientist.
AI and Data Science Can Save Lives
There has been a huge leap in the Healthcare Sector because of Data Science and Artificial Intelligence. With the advent of machine learning, early-stage tumours are now easier to detect. Many other health-care industries are using Data Science to help their clients. If you are interested in a career that is challenging, satisfying, relevant and has a purpose then this is the career you are looking for.