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DATA DSNs A Digital Business Network
All these digital platforms gener- On Board Once - Connect On Demand to Many
ate large amounts of data-- data
about consumer and data about
processes. Data means experienc-
es that are captured and when it is
stored digitally it allows us to
create knowledge fast. Significant
adaptation of digital platforms
now generate data at high Volu-
me, in high Variety and in a great
Velocity is called the 3V’s of Big
Data. To put this into context, in
the last two years we have gener-
ated the same amount of Data that
was generated throughout the
history of mankind. Job Landscape
If there is so much data around us, By 2025, new jobs will emerge and others will be displaced by a shift
the truth may also be hiding in the division of labour between humans and machines, affecting:
behind them which makes Data
science, AI and Analytics the
sexiest jobs of the 21 Century. Growing Job Demand
st
Companies who adopt those skills 1. Data Analytics and Scientists
will be smarter than the competi- 97 million 2. AI and Machine Learning Specialists
tion, as it means they will learn 3. Big Data Specialists
faster about consumer behavior 4. Digital Marketing and Strategy specialists
and learn smart about their own 5. Process Automation Specialists
processing capabilities. 6. Business Development Professionals
7. Digital Transformation Strategy Specialists
Data is considered the new Oil. 8. Information Security Analysts
Organizations who have more 9. Software and Applications Developers
data will be richer. It has already 10. Internet of Things Specialists
happened with Google, Microsoft
and Amazon. Like oil, data has no
value until it is extracted, refined Decreasing job demand
and put to meaningful use. This is
why there will be millions of jobs 1 Data Entry Clerks
created to help businesses capture, 2. Administrative and Executive Secretaries
mine, store and analyze data. The 85 million 3. Accounting, Bookkeeping and Payroll Clerks
World Economics Forum (2020) 4. Accountants and Auditors
predicts that the next top three 5. Assembly and Factory Workers
most demanding jobs will be, 6. Business Services and Administration Managers
1.Data analyst/ Scientist 7. Client Information and Customer Service Workers
2.Big data experts 8. General and Operations Managers
3.Machine learning and AI expert 9. Mechanics and Machinery Repairs
10. Material-Recording and Stock-Keeping Clerk
Source: Future of Jobs Report 2020, World Economic Forum
Data science is a vast subject and requires various skills. It needs data engineers who will collect and transform
data, Big data storage experts who will help manage the data, visualization experts and analysts who will une-
arth the insights and help people predict outcomes and storytellers who will explain the insights to the general
public. The skills of data science is important to any organization and any profession. You are not confined to
Technology experts as it is all about solving problems using data scientifically.
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