Data Science Jobs is Flourishing: But Data Science Professionals Are Quitting in 2020

If data science is not a fad, why are people planning to quit in 2020?

At a WiD conference for women, the organizers and consultancies (Mango Solutions and Data Tech Analytics) appealed to near about 907 data science professionals in the UK.  Out of 907 individuals, about 53% were women which is near about 481.

As a result, the survey came out with quite an unexpected feedback.

More than half of these respondents responded stating they’re planning to switch jobs in 2020.

Isn’t this a dismay?

Despite having an abundance of job opportunities in the data science industry, everyone is looking to change their careers.

Caveat: Expectations do not match today’s reality!

When asked about the areas data scientists were facing challenges, these were the responses: –

  • 44% said bureaucracy caused a huge hindrance
  • More than 29% of the individuals complained about their managers and leaders not wholly supporting them
  • And 28% said they lack the right set of tools to complete their data science project

Roisin McCarthy, co-founder of WiD made a strong statement,

“We are asking our members, and the wider business community, to help us to demystify perceptions around data science as a way to address the skills gap and appeal to a wider-ranging section of professionals. Data-driven organizations have a massive opportunity to attract and recruit the right talent, growing a data science community that is thriving, challenging and lucrative.”

This statement made by Roisin clearly indicates that companies are eager to hire data science professionals in 2020.

Here are a few facts to back you up: –

  • By 2020, the demand for data scientists and data analyst proliferates to 28%
  • 100,000 newer jobs in the data field to be created in 2020 says the European Commission
  • The data science talent shortage is estimated, to sum up to 1.5 million by 2020 in China
  • While the US is expected to have 2 million data science jobs vacant in 2020

The survey also estimated the timeline of a data science professional spends in the same organization. At an average, a data scientist spends approximately two and a half years in the same job role. And based on the survey conducted by WiD, it is said that approximately 56% of the respondents said they would be looking for newer jobs in 2020.

A sense of awakening

  • Nearly 51% of top managerial level professionals mentioned stating that siloed organizations were to be blame
  • Also, 86% of the same level of managers said it is a challenge to hire a data science talent
  • Additionally, 69% of the individuals are reckoning to upskill

Research by Trainline, a booking platform has concluded stating that 60% of the respondents expect women to move into tech roles by 2020.

What’s more astounding is the fact where 67% of individuals said they’re already planning to switch careers in 2020.

However, 90% of the respondents said switching jobs will also depend on the brand’s purpose along with the ethics of the company. Companies that have a purpose of their brand and follow good work ethics will be preferred by data science professionals looking to make that switch. Nonetheless, most respondents seemed to be between the age of 18 and 24 likely a younger generation.

Avoidable mistakes a data scientist must avoid when working in a team

Besides posing a lack of support to their fellow subordinates and staying redundant with the latest tools, these are major factors that need to be taken care of by senior data scientists. The presence of a data scientist can be credible and invaluable for the organization.

  • With codes, you need to have a defensive mindset

Being in a team, it is crucial to see that the models are functioning well without a single mistake. Ensure the model is run several times to check for errors. One silly mistake could account for huge losses to the company. For instance, in machine learning individuals tend to use performance metrics such as MAE or RMSE, these do not function well and cannot act as a replacement for defensive testing.

Waste of time studying individual models

A data science professional should not spend too much time evaluating and studying on a single model. Doing so might disrupt the mindset of

  • Inefficiency in running codes

As a data science professional, you don’t need coding, says NOBODY.

While most data science individuals have this kind of mindset they should know that coding is the crux in the data science industry. However, an excellent data scientist must be proficient in coding. In simple terms, a senior data scientist should possess the coding skills of a mid-level engineer, and the same goes for a mid-level data scientist. Their coding skills should be better than a junior software engineer.

  • Time used for data cleansing is substandard

Data science professionals are prudent and smart. However, at times they spend weeks together just looking at data. This imposes a drastic effect in building end-to-end ML software. Project managers should spend more time on fixing or troubleshooting errors.

Most organizations are awakening to the need of the hour. Most of them have started by upskilling their workers through training and data science certification programs. Programming languages such as Python and R are still hot in the job market, and it is logical. You could do a lot through these programming languages, all you need is skillsets and hands-on experience while working on real-world industry projects.

Despite these odds – 2020 will still be a blockbuster year for the data science industry!

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