From data scientists to machine learning engineers, business intelligence analysts, logistics analysts, data architects, business systems analysts and marketing analysts, the list of data analysis jobs appears endless.
Data analysis refers to the process of inspecting, cleaning and modelling data to reveal useful trends and information. As we move towards Big Data, this process becomes more challenging and requires additional skills from individuals.
Trends in Data Analysis Jobs
Data drives business strategy in a range of ways. Therefore, data analytics job roles have been well paid and in demand for some time now. As more and more organisations adopt data-driven models for their decision making, the data analytics industry grows further.
Indeed, a report from the UK Government reveals that data scientist vacancies have seen an average increase in advertised salary of 31% over the past two years. Similarly, the U.S. Bureau of Labor Statistics reports a strong growth for data science jobs and predicts that the data science field will grow by around 28% by 2026.
UK Demand for Skills and Education
As technology improves and develops, companies are able to increase the complexity and sophistication of their data operations. This means new skillsets, so educational institutes must keep up and ensure the curriculum offered bridges any knowledge gaps.
According to the UK Government Quantifying the UK Data Skills Gap Report, companies are experiencing difficulty in finding employees with the required data skills. This means, an urgent need to intensify efforts to boost the number of skilled workers. The report reveals that of 1,045 businesses surveyed, almost half (48%) were recruiting for roles that required hard data skills. Additionally, 46% have struggled to recruit for these roles in the last two years. Feedback was that the supply of graduates with specialist data skills from universities is limited.
More Than Simply Numbers
It used to be enough to clean and analyse data. Increasingly, we are seeing a demand for data professionals to communicate their findings in a way that tells a story. This means presenting their findings in an easy to understand format, showcasing how this relates to business objectives.
The No Longer Optional: Employer Demand for Digital Skills report published by the UK Government describes data visualisation as the ability to communicate complex data sets in compelling charts, graphs, infographics and dashboards. The report predicts the demand for data visualisation will grow by 68% in the next five years.
By communicating the story that the numbers tell, individuals can further demonstrate the value that they bring to the business. Consequently, this will help them command a higher salary.
Visuna can support your workforce requirements across the data analysis sector and beyond. Speak to our expert recruitment team today to find out more.