Data scientists are some of the most in-demand professionals on the market. A LinkedIn Workforce Report in 2018 found 151,000 unfilled data scientist jobs across the United States, with “acute” shortages in San Francisco, Los Angeles, and New York City. And the demand for data scientists is only rising. The number of data scientist positions is expected to grow by 15 percent between 2019 and 2029.
With such a scarcity of data scientists, many companies face a critical skills gap that cannot be closed by hiring. The costs for such a gap can be significant. In a data-driven marketplace, companies that lack the personnel to maximize the value of big data operate at a competitive disadvantage.