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Machine Learning, Internet of Things and Unlocking Your Earning Potential

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The Analytical Recruiters at Smith Hanley Associates share with you the hottest trend in the data science job market for 2017, machine learning, the hottest trend for the future, IoT, and where your compensation should be in this competitive marketplace.

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Machine Learning, Internet of Things and Unlocking Your Earning Potential

  1. 1. Machine Learning, Internet of Things and Unlocking Your Earning Potential
  2. 2. How will machine learning impact data science?
  3. 3. How will the Internet of Things impact the future?
  4. 4. Most importantly, how will your compensation by impacted by this competitive marketplace?
  5. 5. Machine Learning, Internet of Things and Unlocking Your Earning Potential
  6. 6. I’m a statistical modeler. Why do I need machine learning experience?
  7. 7. Data. Data. Data.
  8. 8. Machine Learning allows a statistician “to capture all patterns beyond any boundaries of linearity or even continuity of the boundaries.”
  9. 9. Machine Learning offers efficiency, speed, and unbiased analysis.
  10. 10. How will the Internet of Things impact analytics careers in the not-so-distant future?
  11. 11. A study from Business Insider Intelligence estimates that 24 billion IoT devices will be installed by 2020 compared to 5 billion in 2015.
  12. 12. That equals $1.7 trillion in economic value!
  13. 13. Data scientists will be a driving force behind creating that value.
  14. 14. What can I expect to earn in the fast evolving statistical world?
  15. 15. ANALYSTS 0-2 Years of Experience Code in R or SAS and pull and organize data from SQL. $55,000-$70,000
  16. 16. SENIOR ANALYSTS 2-5 Years of Experience Articulate meaningful insights from the analysis, help build consensus about model implementation and evaluate results while continuing to code. $70.000-$95,000
  17. 17. CONSULTANT/STATISTICIAN 4-6 Years of Experience High level individual contributors with deep modeling proficiency and deep industry expertise. $85,000-$110,000
  18. 18. DATA SCIENTIST 2 or More Years of Experience Candidates are proficient in analyzing unstructured data. Backgrounds in computer science with strong analytical capability and experience using open source tools like Python and Hadoop are minimum requirements. $80,000-$180,000
  19. 19. MANAGER/SENIOR MANAGER 6-9 Years of Experience Hands-on team leader. Responsible for significant predictive analytics projects. $100,000-$150,000
  20. 20. DIRECTOR 8 or More Years of Experience Manage teams, the entire analytics function for the company or a segment of the company and possibly some responsibility for business development. $140,000-$185,000
  21. 21. VICE PRESIDENT 10 or More Years of Experience Compensation will be dependent on the size of your team and their impact on the bottom line. On the vendor side, you will be responsible for significant business development. $170,000-$300,000
  22. 22. Looking to take your career to the next level?
  23. 23. Contact our experts: Paul Chatlos 203-319-4300 Nancy Darian 312-629-2400 www.smithhanley.com

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