🔥 Matt Dancho (Business Science) 🔥
🔥 Matt Dancho (Business Science) 🔥

@mdancho84

11 تغريدة 3 قراءة Jul 19, 2023
It's 2023 and traditional data science is broken.
There's a new type of Data Professional forming.
Here are the 2023 #datascience #trends I'm seeing... 🧵
#datascientist #career
In the past, companies were loading up on bulky data science teams with:
3 Data Scientists ($129,680/yr) 👨‍🔬👩‍🔬👨‍🔬
2 Data Engineers ($129,244/yr) 👨‍🔧👩‍🔧
2 Machine Learning Engineers ($138,244/yr) 👨‍🍳👩‍🍳
2 Data Analysts ($83,924/yr) 👨‍💼👩‍💼
1 Project Manager ($140,500/yr) 🕵️
Then 2023 hit and companies began seeking ways to reduce costs.
And the data science team got "restructured".
Why?
Well, if each salary is on average $125,000, and the team has 10 people...
That's $1,250,000 per year of costs.
And according to Venture Beat, 87% of data science projects fail.
So there's a $1.25 Million annual cost for virtually ZERO results.
Enter the "Business Scientist". A Business Scientist can:
1. Can take the requirements of the business
2. Convert them into a data project
3. Manage his/her own project plan
4. Build a business solution
5. Deploy the solution
In UNDER 90 days.
And at a $145,876 salary for a Business Scientist, that’s an 80% reduction in time and a 90% reduction in cost to the business.
🔥Want to learn how to prepare for this trend?
I have a free workshop coming on how to become a Business Scientist in 2023 where I will cover:
1. How to Become a Business Scientist
(steps you can take right now to increase your value + 6-figure job trajectory)
2. The 3 mistakes data scientists are making
(which is making it easy to be fired)
3. And how to position yourself to get a job, not get fired, and thrive in your career
(A straightforward, no BS gameplan for success)

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