Why Big Data Analytics is the Best Career Move?

One can say IT and Big Data Analytics are like perimeter to each other. A gargantuan volume of data adds up daily and is being buoyed up everywhere.

The question here is how the data can be simplified technically, so that the Big Data Analytics becomes pivotal in enhancing businesses and rendering the voluminous edge over the raging dark horses in its eon.

BIG DATA ANALYTICS TURNING OUT TO BE AN ULTIMATUM

Hadoop is the billboard for Big Data, many people here use internet to manifest their viewpoint and upend complaints. Nobody likes to be lagging behind in this competitive field, so to reach the goal of having a dream career Big Data and Hadoop skill could give one the wings to fly high as an ambitious career oriented professional. The expertise space in Big Data can be over passed through comprehensive learning of Apache

Big data commands attention for all the best reasons. It has arguably the balmiest competencies subjugating contemporary job markets, succors to be the right vocational option for many. There are more career slots in Big Data management and Analytics than there were last year. IT professionals are prepared to invest time and money for the training. Walmart collects 2.5 petabytes of data from customer transactions every hour. 10,000 credit card transactions are made every second. Owing to this trend, there is a growing need to provide professionals with Big Data Analytics training; this benefitting many organizations has become a common practice, as the organizations find it easy to hire well versed technology professionals who are trained fairly well at Big Data Analytics. The last one year has seen an increase in job postings in websites like indeed etc. This evident spurt is due to the ameliorated number of organizations implementing Analytics and thereby focusing for Analytics professionals. Big Data Analytics is shooting up quickly in its brigade and is considered to be a top priority among India, U.K, U.S. businesses.

EMPLOYMENT LOOK-IN

By 2018, there will be a shortfall of about 190,000 data scientists and 1.5 million managers and analysts in US according to a McKinsey Global Institute study, these professionals form the core as they are the one who are apprehend and are decision-makers in Big Data. The career opportunities in data science, big data, and analytics are growing reasonably. These are among the most sought-after jobs in the tech world today. In spite of Big Data Analytics being a ‘Searing’ job, there are still a prodigious number of jobs that have not been filled across the globe due to paucity of required ingenuity. According to Srikanth Velamakanni, co-founder and CEO of Fractal Analytics, there are two types of talent deficits: Data Scientists, who can perform analytics and Analytics Consultant, who can understand and use data. The talent supply for these Job title, especially Data Scientists is extremely scarce and the demand is huge.

Since Analytics is utilized in varied fields, there are numerous job titles for one to choose from.

• Metrics and Analytics Specialist

• Big Data Engineer

• Big Data Analytics Business

•  Consultant        

• Big Data Analytics Architect & Solution Architect

• Analytics Associate & Analytics Consultant

A list of organizations like IBM, Microsoft, Oracle, Opera, FICO and endlessly more companies are utilizing Big Data Analytics for their business needs and a huge job opportunities are possible with them.

HONORARIUM FACET

The parsimonious endowment of Big Data adroitness, companies are agreeing to ante up advantageous salaries to attract professionals with the right kind of technical ingeniousness. A phenomenon called ‘Moolah Marathon’ has come into the picture, here the data analytics skill acts a catalyst to boost up the salaries of qualified professionals and making Big data pay big bucks for the right skill.

• Randstad states that the annual pay hikes for Analytics professionals in India is on an average 50% more than other IT professionals.

• According to a recent survey conducted by US-based recruitment agency Burtch Works, Big Data professionals tend to be the highest compensated group of IT employees with an average salary of $115,000 – which is around 30% more than that of other IT professionals with the same experience level.

• The Indian Analytics Industry Salary Trend Report by Great Lakes Institute of Management says 14% of all analytics professionals get a salary of more than Rs. 15 lakh per annum.

• Deloitte survey says 65.2% of respondents are using some form of analytics that is helping their business needs.

• In ‘Peer Research – Big Data Analytics’ survey, it was concluded that Big Data Analytics is one of the top priorities of the organizations.
  

HEADWAY AND MANAGERIAL ROLE OF BIG DATA ANALYTICS

Potential business ideas and strategies play a critical role in Analytics and it is being used in different sectors because of its enormous growth. It sure does provide an extra fringe over its competitors.
The key benefits are:

1. Better decision-making & sense of risk

2. Better financial performance

3. Exponential growth of analytic tools after their implementation

4. Relationship with the customers being improved

5. Enablement of key strategic initiatives
   

GROWTH OF BIG DATA ANALYTICS INTO STRUCTURE, SEMI-STRUCTURE AND UNSTRUCTURE DATA
CRM, ERP and Data warehouses form the core of structured data. XMl, JSON can be classified as semi-structure data. Social media streams, images, videos, mobile data, etc are unstructured data and are huge in number. Technical professionals say 84% of unstructured data is being currently processed and analyzed, whereas few other organizations are working to implement the same.

EPILOGUE
A dexterous expert with the propitious Analytical skills can rule the abundance of Big Data and become an acute asset for the organization thereby boosting their career goals.

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