The technology driven mobile society that we live in right now means that there is big data everywhere. Big data means big news and there has been way more data created in the last two years when compared to the entire history of this planet. In fact, 73% of companies have already started to invest in big data this year alone. Big data also means big money and if you are a Fortune 1000 company, a 10% increase in data could mean that you get an additional $65 million income. So as you can see, big data certainly has a lot of potential but the problem is that only 0.5% of it is actually being tracked and used. If you work in engineering jobs then you will understand how important it is to really take advantage of this data and you will also understand how important it is to keep track of it as well.

The truth is that as more and more businesses go through their own digital transformations, it's safe to say that you can have pity on the Chief Data officer. They are finding it increasingly difficult to try and keep up with all the roles that are needed. It is said that there is going to be a 50% or even a 60% gap between a requisite demand. With that being said, when demand outweighs the supply, the demand isn't going to come cheap at all. Starting salaries for those who work in data science have already gone way past the $200,000 a year mark. This is incredible to say the least, and there is no telling when it is ever going to slow down either. Of course, with more on the horizon, only time will tell.