Data is the new oil, Data Science is the New Dimension

Data is the new oil, Data Science is the New Dimension

What is data science

In 2017, an article in the famous daily claimed, the most valuable resource in the world is no longer oil, but data. Since its publication, the topic has generated much discussion, and “Data is the new oil” has become a common refrain. Many industry experts believe that data, not oil, is now the world’s most valuable resource.

Data science is about enriching and improving data for the business. Businesses require trained data scientists to process and analyze their data. They not only analyze the data, but also improve its quality. As data is the future, and hold a lot of importance in today’s world, the possibilities around this particular domain also increases in leaps
and bounds.

Data Science is beyond just data, its about the methods, processes, algorithms, systems, to extract knowledge from structured and unstructured data. Let’s take a look at the benefits of data science.

  • It is in demand
  • Abundance of positions
  • A highly paid career
  • Data science is versatile

Data science improves data. According to the renowned daily, “Data Science is the fastest growing job on Linked-in and is projected to create 11.5 million jobs in 2026.” For this reason, data science is a highly employable job sector. The field of data science is in high demand but in short supply of data scientists.

The number of people who have the necessary skills is less. Data science is a very lucrative career option due to its high paying jobs. The application of data science is numerous. From banking to healthcare, it has proven its versatility. Businesses require trained data scientists to process and analyze their data. They not only analyze the data, but also improve its quality.

What do data scientists do?
Most of the data scientists in the industry have advanced and been trained in statistics, mathematics, and computer science. His experience is a vast horizon that also extends to data visualization, data mining and information management.

Pursuing a career in data science is a smart move, not just because it’s hot and it pays well, but because data can very well be the pivot point around which the entire economy revolves. Data science careers are in high demand, but there is a skilled and skilled workforce shortage. To excel in a career in data science, you need to be highly

After completing 12th, one can opt for Data Science as their undergraduate degree, having a science background in 10 + 2 is a must. B.Tech in CSE-Data Science, is a 4-year program, aims to create competent professionals based on modern industrial needs.

Several private universities in Kolkata offer a B.Tech CSE degree in data science, the names of the universities and the fee structure are mentioned below:

  • Brainware University -4.34L
  • University of Engineering and Management- ₹ 5.81 L
  • Neotia University -4.58 L

Brainware University happens to be the favorite destination of aspiring students, who want to prosper in their career in their desired field. With a supportive faculty, state-of-the-art infrastructure, great campus life, and 360-degree placement guidance, you can never go wrong with Brainware University.

The university holds the record for placement and has never dropped below 90% since its inception. With notable
features like Microsoft, Red Hat, and Oracle certification and hands-on training and projects covering database administration, the university plans its mapped curriculum after analyzing industry needs.

Bootcamp, the pre-placement training procedure is a boon for the students and that has created a great impression on the professional and personal growth of the students. Data science is an ever-evolving field that will take years to become proficient.

Launching a career in an ever-emerging field like data science is a great decision.


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