Blockchain

Three Trends in Data Science Jobs You Should Know

Published

6 months ago

September 10, 2020

If you are a Data Scientist wondering what companies could have the most career opportunities or an employer looking to hire the best data science talent but aren’t sure what titles to use in your job listings — a recent report using Diffbot’s Knowledge Graph could hold some answers for you.

According to Glassdoor, a Data Scientist is a person who “utilizes their analytical, statistical, and programming skills to collect, analyze, and interpret large data sets. They then use this information to develop data-driven solutions to difficult business challenges. Data Scientists commonly have a bachelor’s degree in statistics, math, computer science, or economics. Data Scientists have a wide range of technical competencies including: statistics and machine learning, coding languages, databases, machine learning, and reporting technologies.”

DATA SCIENCE COMPANIES: IBM tops the list of employers

Of all the top tech companies, it is no surprise that IBM has the largest Data Science workforce. Amazon and Microsoft have similar amounts of Data Science employees. Despite their popularity, Google and Apple are in the bottom two. Why is this the case? It could have something to do with their attitude to how to attract and retain a data scientist. The report does not clearly mention the reasons for these rankings.

However, Data Scientists want to work for companies that provide them with the right challenges, the right tools, the right level of empowerment, and the right training and development. When these four come together harmoniously, it provides the right space for Data Scientists to thrive and excel at their jobs in their companies.

TOP FIVE COUNTRIES WITH DATA SCIENCE PROFESSIONALS: USA, India, UK, France, Canada

The United States contains more people with data science job titles than any other country. Glassdoor actually names “Data Scientist as the best job in the United States for 2019.” After the United States are the following countries in this order:

India
United Kingdom
France
Canada
Australia
Germany
Netherlands
Italy
Spain
China

China has the least amount of data science job titles at 1,829 compared to the United States’ number of 152, 608. But what is the scenario for Data Scientists in Europe? What is the demand and supply?

Key findings indicate that demand for Data Scientists far outweighs supply in Europe. The existence of a combination of established corporations and up-and-coming startups have given Data Scientists many great options to choose where they want to work.

MOST SOUGHT AFTER DATA SCIENCE JOB ROLES: Data Scientist, Data Engineer and Database Administrator.

Among all companies, the most common job roles are Data Scientist, Data Engineer and Database Administrator. Data Scientist is the most common job role among all companies, with Database Administrator coming in at second place. If you remove Database Administrator, you find that Microsoft leads the way in terms of data science employees. This means that the reason for IBM’s lead in its data science workforce could largely be due to its sheer amount of Database Administrators. Unsurprisingly, across every job title in data science, males outnumber females 3:1 or more. It is also interesting to note that this ratio only exists within the Database Administrator category. At the Data Scientist category, the ratio reads 6:1.

It also comes to no surprise that Data Scientist ranks number 1 in LinkedIn’s Top 10. It has a job score of 4.7, job satisfaction rating of 4.3 with 6,510 open positions paying a median base salary of $108,000 in the U.S. However, it is important to note that these positions do not work in isolation. A move towards Data Science collaboration is increasing the need for Data Scientists who can work alone and in a team as well. By utilizing the strengths of all the different job roles mentioned above, data science projects in companies remain manageable and their goals become more attainable. The main takeaway is that despite the vast amount of job titles, each role brings its own unique expertise to the table.

DATA COLLECTION AND ANALYSIS

Diffbot is an AI startup whose Knowledge Graph automatically and instantly extracts structured data from any website. After rendering every web page and browser, it interprets them based on formatting, content, and web page type. With its record linking technology, Diffbot found the people currently employed in the data science industry at a point in time to provide an accurate representation of the statistics mentioned in this article.

Source: https://dataconomy.com/2020/09/three-trends-in-data-science-you-should-know/

Related Topics:Amazon blockchain Business Companies Europe India startup startups Tech Technology USA

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XRP, Tron, Tezos Price Analysis: 01 March

Published

2 hours ago

March 1, 2021

Republished by Plato

XRP could be in line for another sell-off as the 200-SMA looked to cross above the 50-SMA. Down the ladder, Tron and Tezos were projected to stick to a fixed channel, with a breakout largely dependent on the future movement of market leaders Bitcoin and Ethereum.

XRP

Source: XRP/USD, TradingView

The bearish nature of XRP’s market was evident on its 4-hour chart as the price remained below the 200-SMA (green) despite a slight recovery at the time of writing. Moreover, the long-term moving average looked positioned to cross above the 50-SMA (blue). The last time this development took place was when a lawsuit was announced by the U.S. Securities and Exchange Commission against Ripple which resulted in a massive price drop and a bear market that lasted for over a month.

The MACD line floated just above the signal line but momentum seemed weak on the buying side. The Stochastic RSI also tipped in favor of the bulls. A strong sell-off could be avoided if the indicators maintain a positive stance. If the sell-off does take place at the current level, $0.25 support could be in focus.

Tron [TRX]

Source: TRX/USD, TradingView

Tron continued to trade rangebound between $0.05 and $0.04 as momentum switched sides between the buyers and sellers. The Awesome Oscillator flashed green at the time of writing as momentum diverted back to the buyers. The 24-hour trading volumes surged by over 27% and clocked in at $1.76 billion.

While it looked like Tron was poised to rise above its overhead resistance, low volatility according to the Bollinger Bands worked against a bullish outcome. That could change if buying picks up over the coming sessions. Conversely, a pullback in the broader market could see Tron move towards $0.036 support.

Tezos [XTZ]

Source: XTZ/USD, TradingView

A horizontal pattern formed on Tezos‘ 4-hour chart as the price oscillated between a resistance and support line since bouncing back from the $3.2 mark. For traders, sell signals were present on the upper trendline and buy signals on the lower trendline. Considering Tezos’ strong correlation with Bitcoin, the state of the king coin could determine the direction of a breakout from the channel.

The next resistance level lied at $4.3, while the next support rested at $2.7. The MACD line moved above the signal line as bullish momentum was on the up. The RSI also pointed north from around the 50-level.

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Source: https://ambcrypto.com/xrp-tron-tezos-price-analysis-01-march

Blockchain

Why countries like the US can do better in terms of crypto adoption

Published

3 hours ago

March 1, 2021

Republished by Plato

The interest in cryptocurrencies has been on the rise and the general awareness of the technology and its function as a digital asset has risen substantially in the past few years. While the United States has been open to innovation, the lack of regulatory clarity within the country has raised various concerns between people and businesses in crypto.

Whereas Asia has been enabling wide-spread adoption of cryptocurrency with countries like Japan and Hong Kong trying to form guidelines around cryptos. However, apart from the regulatory differences, the biggest difference could also be with regard to user behavior in these two regions.

Amber Group partner, Annabelle Huang, who recently appeared in Anthony Pompliano’s podcast stated that although the innovations were taking place in the United States of America, the greater chunk of adoption was coming from countries in Asia. The continent has also remained a hub for miners and crypto exchanges and according to Messari’s report, by the end of 2019 six out of ten of the largest cryptocurrency firms are located in Asia.

Huang noted:

“…The biggest difference is just the sentiment and the drive of people. I think in the States, just because there are a lot of regulatory constraints and concerns, people sometimes are more hesitant towards driving the business forward. But, in Asia, I think people are more eager to test things out, get things going on the ground. So, we do see a lot of early adoption in Asia.”

Asia has been a focal point for crypto adoption and nearly 42% of the market capitalization is based in the continent.

Source: Messari

The advantage Asia has been offering to new crypto projects is mainly due to the cultural mentality according to Huang who noted that:

“I think we see in Asia, in Korea and Japan, it is hard for people to find yield anywhere. […] Especially like, I guess, in Japan right, all the yields are negative and I think people are perhaps more inclined to find more opportunities and more acceptable to new things, so that’s why I think crypto adoption in Korea and Japan are highest among the world.”

Although China has remained apprehensive about cryptocurrencies, the country has been inching closer to launch its own Digital currency Electronic Payment [DCEP] system. As the market corrects itself, the coming changes in the market could also trigger changes in the sentiment across the globe about crypto, however, the regulations continue to remain in the gray area.

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Source: https://ambcrypto.com/why-countries-like-the-us-can-do-better-in-terms-of-crypto-adoption