Friday, 23 October 2020

WDSI’s Data Science Subsidies for Universities Worth $300 Mn

As per IBM, the demand for data scientists is going to increase by 28% in 2020 compared to last year. Another study says that in the year 2020, data science job roles will demand ML (machine learning) and data science skills, given the fast acceptance of IoT & cloud technologies across businesses worldwide. As per a Statista study on the extent of big data adoption among organizations worldwide amid 2015 & 2019, it was found that 53% of firms globally were already leveraging data science in 2019. The degree of growth in data science application can be clearly identified by the fact that by 2015, only 17% of the organizations globally were considering big data for business benefits. Data Science Research Funding: The Need of the Hour


Adoption of big data technology in firms globally (2015-2019)Source: StatistaThe pace at which data science application and adoption has grown off late has led to big demand for data science professionals across industry sectors and geographies. There is more data science talent needed than ever before at this point in time, given the dearth of big data professionals across the globe. To ...


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