Data Scientists and Data Science – How the Two Drive Business Growth
Data allows us to understand the changing world around us. It is a catalyst for growth that unlocks your company’s potential and empowers business strategy.
Digitisation has accelerated the world over. Consumer and business activity is now predominantly conducted online, which has given rise to the need for strategic, data-driven decision-making and a new era of data science.
Data is a growth catalyst, data trends tell the story and Data Scientists translate the story to enhance business operations.
In this blog, we talk through why Data Scientists are essential to your business strategy and how to build your data team.
Data Scientists are the Modern-Day Business Must-Haves!
Data Scientists use analytical tools and techniques to decipher and analyse large volumes of data whilst extracting meaningful insights to drive business growth.
The data team operates between the business and IT teams. Their job is to translate and explain the meaning behind the data in plain English. An astute and experienced data expert will effortlessly translate the findings into easily digestible and practical information the business team can leverage for powerful results.
Why are Data Scientists in Such Demand?
Globally, we produce an overwhelming amount of data daily. In an increasingly competitive commercial environment, your company must know how to capture, understand and leverage this data to be successful in business.
Essentially, data sets produce quantifiable evidence that supports your company in making informed decisions. A Data Scientist converts data into actionable insights, equipping your business to respond to the market and make real-time decisions.
Data Scientists add value to your business by:
- Empowering your decision-makers and enabling decision testing
- Analysing trends to help define goals
- Presenting insights that drive best practice
- Identifying opportunities
- Refining target audiences
Why are Data Science Trends so Important?
If data allows us to understand the rapidly-changing world around us, then data trends provide the playbook. Trends highlight new opportunities, give rise to operational improvements and empower business strategy.
In this increasingly digitised business landscape, there are few sectors where data can’t add value. To avoid being left in the tech industry’s advancing wake, you must embrace data technology and be aware of the trends that drive it.
Who Should You Include in Your Data Team?
Building a team that can extract and interpret your company’s data and convert it into information relevant to your business and its growth is the key to your success.
Those looking to secure a Data Scientist job should bring the following experience and attributes to the table.
Possess technical skills and business intelligence in equal measure
Your data science team holds the key that unlocks your company’s potential. In an increasingly competitive and fast-moving sector, a Data Scientist must have good communications skills and business intelligence.
A data expert with business acumen can interpret data on a deeper level. They can identify problems and challenges, align insights and trends with new business opportunities and communicate their findings with other members of your business team succinctly.
Possess a balance of experiential learning and formal qualifications
For Data Scientists to be efficient in their work, they must have a body of real-world experience driving them. Data science is complex. With experience comes intuition and an ability to find the insights that sit just below the surface of the big data sets.
While qualifications are an excellent measure of skill, relevant industry experience should be the focus of your search.
Have a diverse and ever-growing skillset
Upskilling is essential to keeping up with the tech industry’s rapid pace. Those working in data know this is the only way to progress from an experienced professional to an in-demand expert.
A Data Scientist must always look ahead to the big picture, scanning for advancements and new technologies. Someone who continually extends themself and is proactive in their upskilling should be viewed as a passionate data expert and an invaluable asset worthy of pursuing.
How to Attract a Stellar Data Science Team
To attract the best talent in the data science pool, you must demonstrate that your business has a data-driven culture. Why? Because it’s a candidate-led market, and with data experts in hot demand, you need to give them several reasons to choose your company.
Data Scientists need to know that their work will be taken seriously and will make a difference to a company’s overall performance. To capture the attention of the sector’s most experienced professionals, you must prove that you have a robust data strategy and value data analytics.
A potential candidate will be attracted to a company with a well-structured data team. Or – at the very least – a clear vision of the team they intend to build. They will also be drawn to a future-thinking business that seeks to build a team who can keep pace with ever-evolving data trends.
Summary
Your data provides critical information that links your past, present and future direction. If you wish to put it in the driver’s seat, you need an experienced and expert team of Data Scientists at the wheel.
An experienced data team can promote insights that will inspire strategies and enhance performance across all aspects of your business. With the right people in place, your business will be unstoppable.
Here at Hawksworth, we know a thing or two about Tech. We are a Tech recruitment agency operating in Sydney, Brisbane and the UK. We work hard to build meaningful relationships with our clients and candidates to ensure their successful and enduring employment connections.
Are you about to start looking for your next data superstar? Contact our team today. We’d be happy to assist.