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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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