This document summarizes an article about data scientists and their growing importance. It defines data science as the study of extracting knowledge from data using techniques from many fields, including mathematics, statistics, programming, and data engineering. A data scientist must have expertise in business, statistics, programming, databases, visualization, and communication. The document also notes that demand for data scientists is predicted to increase 28% by 2020 according to IBM, and that managers in India should consider training current employees in data science to meet this growing need for these important roles.

1. Data Scientist: The
Sexiest Job of the 21st
Century
by Thomas H. Davenport and D.J. Patil
Presented by
Nishant Kumar

2.  Name of the article: Data Scientist- The sexiest job
of the 21st century.
 Authors : Thomas H. Davenport & D.J.
Patil
 Edition : October 2012
 Source : Harvard Business Review

3.  Two most important insight
from the article .
 Why / How these insight are
useful to a manager in India.
 Conclusion

4. Data Scientists are the people
who understands how to fish
out the answers to Business
Questions from todays
Tsunami of unstructured data.
“IBM Predicts Demand For
Data Scientists Will Soar
28% By 2020”

5.  Data science is the study of the generalizable
extraction of knowledge from data.
 It builds on techniques and theories from
many fields, including
 Mathematics,
 Probability models ,
 Statistical learning,
 Computer programming,
 Data engineering,
 Pattern recognition and learning,
 Visualization & Data Warehousing.

6.  A “Data scientist” is a business expert.
 A “Data scientist” is a statistics expert.
 A “Data scientist” is a programming expert.
 A “Data scientist” is a database technology
expert.
 A “Data scientist” is a visualization and
communication expert.

7.  Identify the
different data
sources.
 Swim in big data.
 Find valuable sets
in raw data.
 Make the formless
data structured.

8. According to forbes, in
coming years the
demand of data scientist
will increase to upto
28% by 2020 .

9. A manager desire a highly skilled data
scientist for analysis of data from
customers, to deliver excellent production
services .

11. All trending cut-edge technology whether
artificial intelligence/automation or
machine learning all uses data science,
thus a need of data scientist .

12. Managers can provide
training in data
science to top level
employee , to
incorporate need of
data scientist from
within the company .

13. Finally , India as a developing country needs
peoples with profession in data science, to
expand business globally competing with top
companies in the world.

14.  In this article, Harvard Business School’s
Davenport and Patil take a deep dive on what
organizations need to know about data scientists,
and how data scientist are needs of the era. Finally,
data scientists want to build things, not just give
advice.