"Data scientist" is a term that, if not yet in common parlance, is certainly being used more and more as a way of describing a new type of role in business today. The people that fill these roles tend to be graduates with a Stem (science, technology, engineering and maths) qualification and a talent for analysing large datasets to uncover patterns and correlations that may previously have remained hidden. Depending on what that data is -- for instance, customer buying behaviour or market conditions -- companies can potentially gain a significant competitive advantage by integrating the power of hard science into their operations.
On the face of it, this sounds like great news for Stem graduates. Traditionally, students in these disciplines were marked for jobs in scientific industries, engineering and academia. But today, mathematicians and scientists find that their skills are in high-demand across multiple industries. While the financial sector has tapped graduate talent for some time, a much wider range of businesses are now looking to recruit data scientists to solve a host of different problems.
By: Guest Author, Edited by: Olivia Solon
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via Wired.co.uk
http://www.wired.co.uk/news/archive/2012-08/20/data-science-revolution-sham-ahmed
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