Data scientists are in high demand due to the rise of big data and have become the sexiest job of the 21st century. Data scientists are difficult and expensive to hire because they have rare skills to analyze large amounts of unstructured data and turn it into useful insights. For companies to capitalize on big data opportunities, managers must learn how to identify, attract, and utilize talented data scientists effectively. Data scientists play a key role in organizing and analyzing vast volumes of information from various sources to help organizations and users. Their most basic skill is being able to write code to structure large quantities of raw data.

1. Data Scientist: The Sexiest
Job of the 21st Century
BY Thomas H. Davenport and D J Patil

2. Big data is an epic wave gathering
now, starting to crest. If you want to
catch it ,You need people who can
surf.

3. Sexy means having rare qualities that
are much in demand .Data Scientists
are difficult and expensive to hire.

4. If capitalizing on big data depends on
hiring scarce data scientists, then the
challenge for managers is to learn how
to identify the talent, attract it to an
enterprise, and make it productive

5. Because if a manager is not aware of
this big data, he will anyways be
skeptical about the results.

6. There is also little consensus on where
the role fits in an organisation. So he
has to be aware of all the work in it.

7. CEO of linkedin Reid Hoffman had
faith in analytics only because of his
experience at Paypal

8. The sudden appearance of Data
scientists on business scene is because
they are wrestling with information
that’s available to them

9. This information comes in varieties
and volumes never encountered
before

10. In order to manage those volumes
data scientists are required.

11. All the data has to be categorised and
has to be used well to cater to the
needs of organisation and users.

12. They are able to bring structure to
large quantities of formless data and
turn it into useful form.

13. Data scientists most basic , universal
skill is the ability to write code.

14. THANK-YOU

15. Submitted for internship “Data Analytics” under
professor Sameer Mathur ,IIML
By,
S.Sheshasai Venkatesh