Big Data Scientist
Big Data Scientist is a person who can take structured and unstructured data points and use his formidable skills in statistics, maths, and programming to organize them. He applies all his analytical power (contextual understanding, industry knowledge, and understanding of existing assumptions) to uncover the hidden solutions for the business development.Whizlabs
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- The worldwide big data market is projected to grow from $42 billion in 2018 to $103 billion in 2027.
- 30 percent of businesses consider the Spark software framework critical to their big data analytics strategies.
- 95 percent of businesses need to manage unstructured data.
- In the banking sector, investments in big data analytics were estimated at $20.8 billion in 2016.
- 98 percent of sales representatives at construction companies that adopt analytics and geographic data reported dramatic decreases in their time frame for providing price quotes.
- Content analytics usage among IT professionals increased from 43 percent to 54 percent between January 2018 and January 2019.
- The big data industry will be worth an estimated $77 billion by 2023.
- 21 percent of investment professionals use web traffic to derive data.
- Big data ranks 20th across 33 key technologies when businesses were asked their top technologies and initiatives strategic to business intelligence.
- 53 percent of companies are adopting big data analytics
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