Today data is one of the most important aspect of brands and companies, on the global stage. Data holds the key for growth for brands across sectors and categories as it helps them to surge ahead despite intense competition. In other words, data is helping to build companies and brands, thereby taking them to the next stage of growth. That is why boardrooms are buzzing with words like Big Data and data analytics over the past few years.

The Growing Importance of Data Scientist

The developing significance of data has in turn raised the importance of those people who handle these data. And that is why the position of a data scientist is externally important and highly regarded in almost all the places. Because the job of a data scientist is relatively new, this role involves both business data analysis and technology. Therefore most people who fill this position have experience in both the fields, making them a hybrid who knows the best of both the worlds.

The importance of data and the need to gain important insights from them, has led to some organisations investing in not just one data scientist but a team that shares the responsibility for the same. The main reason why companies invest in a team as opposed to an individual is because the skill set needed for a data scientist may vary and these might not be present in a single person.

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