Data science has been one of the leading technologies that has helped shape the country in the way it is today. Whether you see your favorite products on the e-commerce apps or get recommended your preferred shows on Hotstar or any other video streaming apps, it is all powered by data science. Not just recommendation systems, data science in India is used across all industries, from healthcare to finance and retail to manufacturing.
According to NASSCOM, the data science industry in India is growing at a CAGR of 33.7% and data science jobs are growing rapidly with an estimated requirement of 1.5 million data professionals by 2025.
This shows us how rapidly data science is transforming Indian industries as well as presenting great opportunities for students and professionals looking to make a career in data science in India. If you are also looking to get into this lucrative career path, then it is highly recommended to gain the latest in-demand skills and data science knowledge through top data science certifications and courses in India.
Impact Of Data Science in India Across Various Industries
The data science technology has a wide range of applications. From data-driven decision-making to predictive analytics, it can be used for a lot of tasks across various industries.
Here are some ways in which data science in India has been revolutionizing business operations across different sectors.
1. Finance
There are a lot of uses of data science in the finance sector such as assessment of risks, fraud detection, customer segmentation, and personalization of financial products and services according to customer requirements. Certified data scientists in the finance sector are mostly involved in analyzing financial data to help their organizations make informed investment decisions.
2. Healthcare
In the healthcare industry, data science has revolutionized patient treatment. This incredible technology has helped personalize treatment, discover new drugs, and help with early diagnosis of serious diseases. Not just treatments, data science has also made administration much easier and more efficient too.
3. Marketing
Marketing with the help of data science has become more innovative, more targeted, and more effective. Certified data scientists are collaboratively working with marketing professionals to help them with customer segmentation, identify trends, personalize marketing campaigns, and boost ROI on marketing costs.
4. Manufacturing
Even the manufacturing sector is not bereft of the impact of data science in India. The predictive analytics technique is widely used to predict machine failures beforehand. Thus, organizations can reduce expensive repairs and losses because of downtimes.
5. Supply Chain Management
Professionals with data science knowledge in this sector analyze huge amounts of data to forecast market demands, find the best delivery (logistics) routes, optimize inventory levels, and enhance the overall supply chain management process.
6. Human Resources
In the HR sector also data science has improved the hiring process and helped retain employees. Data science offers numerous tools to analyze employee data, measure their performance, screen resumes while hiring, and streamline HR operations.
These are some ways data science in India has been helping organizations grow across all industries.
Future of Data Science in India
Looking at the trends, the future of data science in India is impressively bright. Organizations have started understanding its importance in data-driven decision-making and are actively adopting data science technology to enhance their business operations and gain competitive advantage.
This can be directly attributed to the fact that internet usage in India has exploded with cheaper data plans, and the number of smart devices or IoT devices in India is increasing at an unprecedented rate. All these have led to the generation of huge amounts of data.
Therefore, the need for data science technologies as well as skilled and certified data science professionals is larger than ever now. As we move towards the future, this will only grow manifolds.
Get Ahead in Your Data Science Career
Now that you understand the importance of data science in India and know the value of skilled data science professionals, you must take further steps to enhance your data science knowledge and gain the latest in-demand data science skills to get started in this growing career path.
The United
States Data Science Institute (USDSI®) is a globally reputed data science
certification provider that offers three top-notch data science
certification programs, for beginners, intermediate level, and advanced level
data science professionals namely:
- Certified Data Science Professional (CDSP™)
- Certified Lead Data Scientist (CLDS™)
- Certified Senior Data Scientist (CSDS™)
All these certifications are carefully designed by industry leaders and SMEs and offer an online self-paced learning mode. This helps students learn complex data science concepts most easily from the comfort of their homes.
If you are looking to learn new and updated data science tools and technologies and want to propel your career forward, then these certifications can be a great addition to your resume.
Summing up!
Data science has a deep impact across industries in India and it will continue to do so. The large population and heavy digitalization in India have led to the growth of a tremendous amount of data that has the potential to revolutionize industries and the lives of consumers in the country.
Having said that, the demand for skilled professionals with data science knowledge is also on the rise and this is the perfect time to invest in gaining data science skills and certifications. So, register for the best data science certifications and courses now, and get started on the rewarding data science career journey now.
