Managing Big Data

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Data Scientists are very people I every organization. Data Scientists transform business data into assets. In return, an organization can increase its revenue, discover new business opportunities, reduce costs, and improve the experience of customers. However the importance of data scientists in any company has become one of the most debated topic today. The popularity of data science has increased over the past few years and companies have started to implement these techniques in their business activities. Data Scientists are some of the highly paid employees today. Additionally, there are numerous career opportunities for Data Scientists. The annual salary of a Data Scientist is $106,000 (Davenport & Patil, 2012). Data Scientists enable a company to determine the best product to sell to the consumers at the right place and time. They also assist companies to make faster decisions hence improving efficiency.
However, some of the tools used by ...