Top 9 Data Science Jobs & Roles for 2024

jaro education
12, July 2024
2:30 pm

According to the World Economic Forum, by the end of 2025, the amount of data generated every day will reach 463 exabytes. Also, by 2025, the projected global data storage can be 200+ zettabytes. This includes data stored on public and private IT infrastructures, cloud, and personal devices. Almost every organization has access to large volumes of rich data and requires professionals who can extract insights from it. Of course, dealing with such massive volumes of data and extracting data-driven insights from it can be a daunting task for a company. To relieve organizations of such responsibilities, data scientists enter the scenario.

Data Science is a multidisciplinary field that includes data analysis, mathematics and statistics, computer science, and machine learning. In the field of data science, you can acquire many data science jobs & roles like Data Scientist, Data Engineer, Developer, and more. These data science roles demand you to interpret the business-related issues that need to be answered and then search for the data to help you identify those answers. Besides having a business

understanding, aspiring professionals should have analytical skills to pursue data science jobs. These skills are essential to gathering, cleaning, analyzing, processing, and managing huge volumes of data to identify trends and patterns in the dataset. understanding, aspiring professionals should have analytical skills to pursue data science jobs. These skills are essential to gathering, cleaning, analyzing, processing, and managing huge volumes of data to identify trends and patterns in the dataset.

Top Jobs In the Domain of Data Science For Future Professionals in 2024

If you’re looking for data science career opportunities, here are some job roles. Based on your understanding and skills, you can choose the right one.

*clarusway.com

1. Data Scientist

When you’re talking about data science as a subject, the most obvious job role will be data scientist. Data scientists are experts who understand business-related issues and seek to provide answers by analyzing and processing large amounts of structured and unstructured data. What is a data scientist’s job? A data scientist’s primary role is to give actionable business insights based on the data they analyze. These can be accomplished by finding patterns, anomalies, or trends in the data to forecast the best options an organization can make to ensure sustainable, healthy business growth and to make sensible judgements based on product consumption trends. In addition to business expertise, they must have technological and social science abilities in addition to industrial understanding.

A contemporary Data Scientist works with engineering, business, and product teams to effectively integrate data-driven choices into their operations. For that, they should develop presentation and communication skills to help them understand one’s research and implications in different areas of the organization.

2. Data Engineers

When you look for data science roles, the role of data engineer generally comes up, among other data science jobs. Data engineers are IT professionals who prepare data for operational or analytical use cases. They work on data pipelines and funnels to collect information from multiple sources. They clean, consolidate, link, and arrange data for analytical purposes. This engineer’s goal is to develop and maintain their company’s big data infrastructure and make data more accessible. As a data engineer, you will work with various amounts of data depending on the size of your organization.

Data engineers’ goal is to collaborate with data science teams to improve data visibility and enable companies to make smart business choices. Data scientists are in charge of applying algorithms to the data that data engineers have previously generated.

3. Data Analyst

In the realm of data science roles, there are data science jobs for data analysts. Their primary responsibility is to collect vast volumes of data, visualize, transform, manage, and process the data, as well as arrange it for business communications. They often work with structured data to create reports that may readily identify patterns and insights and be understood by people who are not specialists in the industry, allowing data-driven choices to be made.

Your profession as a data analyst will involve a high level of proficiency in Python, R, and SQL. Data analysts should also be able to query data warehouses to produce essential business KPIs. They must also be familiar with ideas such as data warehousing, analytics, and business intelligence, as well as data visualization. Furthermore, they use A/B testing to analyse the model’s output and determine whether it needs to be improved depending on the findings.

4. Data Architect

Data architect is one of the most promising data science roles. With the popularity of Big Data, more companies are now recognizing the role of data architects. Also known as big data engineers, data architects ensure that high-quality data is available for data scientists and analysts. They are also responsible for enhancing the performance of data pipelines. Data Architects develop, build, and manage database systems following the business model requirements. In other words, they create, maintain, and test big data solutions.

Data architects use technologies like HDFS, Spark, MapReduce, NoSQL databases like Cassandra, HBase, and MongoDB, and query tools like Impala, Pig, and Hive. They also leverage ETL tools, Big Data toolkits, and messaging systems.

5. Business Analyst

Professionals serving such data science roles do market research and analysis with a focus on the product line and the company’s overall profitability. They discover business challenges and possibilities for improving an organization’s practices, procedures, and systems. They use Big Data to give technological solutions and insights that can help businesses accomplish their goals. Predictive, prescriptive, and descriptive analysis are used to translate data into meaningful insights.

Depending on these insights, business analysts recommend modifications and strategic decisions to reduce expenses while improving internal and external reporting. People serving such data science roles find gaps in their current procedures and use accessible data to grow the firm. This necessitates assessing the potential consequences of various options and adopting new mechanisms. Business Analysts are required to have a solid grasp of the business, as well as technical abilities such as data modeling and visualization tools such as Tableau.

6. Statistician

Individuals with these data science jobs are responsible for extracting relevant insights from data. They have a solid foundation in statistical theories, techniques, and data organization, and they work with a wide range of data to generate information. They collect, organize, present, analyze, and evaluate data in order to draw reliable findings and make sound judgements. To become a statistician, one must have both statistical and domain knowledge.

These professionals use statistical analysis tools to analyze data, detect patterns and trends and then explain the results using data visualization tools or reports. They manage databases and statistical programs, assure data accuracy, and develop new programmes, models, and tools. Statisticians should be highly skilled in MATLAB, R, SQL, SAS, Python, Pig and Hive. Apart from these technologies, they should be knowledgeable in statistical theory, cloud computing, machine learning, data mining, database management systems, distributed computing tools and data visualization.

7. Machine Learning Engineer

These data science jobs are in high demand today is the role of a machine learning engineer. To address business difficulties, Machine Learning Engineers must be knowledgeable and proficient in a variety of machine learning methods like classification, clustering, prediction, and anomaly detection. Strong statistics and programming abilities are essential for becoming an ML Engineer. In addition to creating and constructing machine learning systems, machine learning engineers must conduct A/B testing, create data pipelines, and monitor the performance and functioning of the various systems.

Machine Learning Engineers require in-depth knowledge of languages like Java, Python, SQL, C++, and Scala. They work with other teams to enhance data quality and monitor performance to guarantee that machine learning systems are dependable. They should be experienced in designing highly scalable and distributed systems because they work with large datasets. They require a solid mathematical and statistical foundation. This function is substantially more technical than the other Data Science roles.

8. Database Administrator

Database administrators do one of the most crucial data science jobs. They are responsible for managing an organization’s databases. They are responsible for constant database monitoring to guarantee correct operation, data security, control of user access and permissions to databases, and data availability by performing frequent backups and retrieving data as needed. They work on database software to store, organize, and manage data, as well as aid with database design and development.

Additionally, they are in charge of testing databases to guarantee proper operation. Database administrators must have an extensive understanding of SQL and scripting. They should be skilled in data backup, recovery, security, database design, and development, as well as familiar with at least one database management system such as IBM DB2, Microsoft SQL Server, MySQL or Oracle.

9. Natural Language Processing (NLP) Engineer

Another one of the top data science jobs is Natural Language Processing (NLP) Engineer. Machine Learning ideas to enable computers to comprehend textual information. Natural language processing engineers create programmes that interpret natural language data, such as human languages.

NLP Engineers must have strong statistical analysis and text representation abilities, as well as knowledge of machine learning and deep learning frameworks and tools. In addition to fluency in a programming language such as Python, Java, or R, NLP Engineers must be knowledgeable on text representation techniques such as Bag of Words, N-Grams, Semantic Extraction, and Modelling.

Data Science Trends in 2024

Many continuing and new data science trends will shape industries on a global scale in 2024. These trends have an impact on how data is analyzed and utilized and how it’s managed, stored, and safeguarded. Here are some top trends in data science:

*Mind Bowser

Generative AI

Generative AI opens up new options for data production and creativity, such as creating realistic pictures and writings and simulating data for AI model training. This opens up new opportunities for creativity and discovery.

Machine Learning (ML)

Machine Learning is at the core of data science, with continual research and development expanding the capabilities of ML models. This allows for more accurate forecasts and extensive data analysis across several sectors.

Predictive Analysis

Predictive analysis is a prominent trend, with firms using previous data to estimate future trends, behaviours, and consequences. This is critical to strategic planning and risk management.

Data Regulation

Regulation is becoming increasingly important as the value of data grows. Governments and organizations are enacting regulations to safeguard personal data and ensure the ethical use of AI, impacting how data is acquired, kept, and utilised.

Automated Machine Learning (AutoML)

AutoML streamlines the process of applying machine learning models to data, allowing non-experts to use ML. This democratises access to ML capabilities, allowing more firms to use predictive analytics without requiring specialised skills.

Artificial Intelligence

AI is a driving force in data science since advances in algorithms and computer capacity allow for increasingly sophisticated models. AI is used in a variety of fields, including healthcare and finance, to improve productivity and drive innovation.

Augmented Analytics

Augmented analytics employs artificial intelligence (AI) and machine learning (ML) to automate data analysis procedures, allowing users to acquire insights more quickly. This approach makes analytics available to a larger variety of corporate users, not only data scientists, which speeds up decision-making processes.

Blockchain

Blockchain technology is being investigated for data security and integrity, especially in applications requiring safe and transparent transactions. Its decentralized structure makes it a viable solution for data management and security.

Cloud Automation and Hybrid Cloud Services

Cloud automation and hybrid cloud services maximize cloud resources, increase efficiency, and provide more adaptable data storage and processing options. This enables scalable and efficient handling of massive data demands.

Final Thoughts on Data Science Jobs

Organizations have identified the importance of data science since every day they deal with massive amounts of data. To free themselves from the complexities of data extraction, data science professionals come along the way. With increased data in every industry, the data science profession is also in high demand. There are endless data science jobs to look out for, and after carefully accessing the job descriptions of multiple data science jobs, you can choose the data science jobs that suit your preferences. All the data science jobs require analytical skills. If you lack the skills required for data science jobs, it is always better to pursue a certified course. This will increase your chances of making a better career out of the data science profession. Consider exploring Jaro Education’s website for world-class courses on data science.