Welcome!

Linux Containers Authors: Yeshim Deniz, Stefana Muller, Elizabeth White, Zakia Bouachraoui, Pat Romanski

Article

Data Professional, Are You Earning Enough?

First-of-its-kind survey reveals salaries are on the rise, but concerns about job security and resources are prevalent

SiSense, a provider of Big Data Analytics and Business Intelligence (BI), recently released findings of a new salary survey providing insights into compensation trends and drivers for data professionals worldwide.

With a shortage of data scientists looming, companies around the world are wondering how to best equip their teams to win with data. The Data Professional Survey results are based on responses from over 400 professionals spanning the North America, South America, Europe, Africa and Asia collected online in July 2012.

Survey results are available for download here.

SiSense’s survey finds that salaries for data professionals are on the rise across all geographies. The annual earnings of a data professional can range from an average of $55,000 USD for a data analyst to an average of $132,000 for VP Analytics. As many as 61% of the survey respondents reported higher earnings in 2012 compared to 2011, and only 12% reported lower earnings.

While a vast majority of the respondents (78%) expect even higher earnings in 2013, close to half of the respondents (47%) expressed concern about their job security.

The survey indicates the data profession is male-dominated: 85% of the respondents are men. At the same time, the results demonstrate that gender equality is more common in the data profession than in others. While OECD data shows that on average across all professions men earn 15% more than women, the SiSense survey shows that women in the data profession earn virtually the same or more than their male counterparts.

Other highlights of the survey findings include: Data professionals are highly educated. 85% of the respondents have some college degree, 39% have a Master’s degree, and 5% are Ph.D.’s. Those with doctoral degrees earn on average 65% more than those with Master’s degrees, who in turn earn 16% more than those with Bachelor’s degrees. On the job experience is even more important than education in determining salary levels. On average, professionals with ten or more years of experience earn 80% more than those with 3 years or less.

At the same time, the survey shows that those with 6 years or less make up as much as 59% of the data profession workforce. Bruno Aziza, SiSense VP of Marketing, commented on these findings saying, “The data profession needs a more formal career track. It seems that many professionals exit the field at or around the 6-year mark, moving on to other opportunities. If we don’t formalize data careers more actively, deployment success could continue to remain low and the data industry might evolve slower than others.”

Most Data Professionals work in teams of up to five people. “Companies are starting to realize that Data is key to their success. The majority of them, though are not growing their Data Science teams fast enough to win. This maybe because they don’t want to or because they can’t. This is an alarming trend though and only software can come to the rescue,” noted Aziza.

Survey results are available for download at http://bit.ly/datahero


About SiSense

SiSense Prism is a Big Data Reporting and Analytics Solution that provides the benefits of In-Memory Analytics without its disadvantages. SiSense In-Memory Columnar Datastore analyzes 100 times more data at 10 times the speed of comparable solutions. No need to set up complex data warehouse systems, OLAP cubes. No need for programming either, regardless where data comes from or how big it is. Download a free trial version of the software at http://www.sisense.com/prism-free-trial

More Stories By Elad Israeli

Elad Israeli is co-founder of business intelligence software company, SiSense. SiSense has developed Prism, a next-generation business intelligence platform based on its own, unique ElastiCube BI technology. Elad is responsible for driving the vision and strategy of SiSense’s unique BI products. Before co-founding SiSense, Elad served as a Product Manager at global IT services firm Ness Technologies (NASDAQ: NSTC). Previously, Elad was a Product Manager at Anysoft and, before that, he co-founded and led technology development at BiSense, a BI technology company.

IoT & Smart Cities Stories
Contextual Analytics of various threat data provides a deeper understanding of a given threat and enables identification of unknown threat vectors. In his session at @ThingsExpo, David Dufour, Head of Security Architecture, IoT, Webroot, Inc., discussed how through the use of Big Data analytics and deep data correlation across different threat types, it is possible to gain a better understanding of where, how and to what level of danger a malicious actor poses to an organization, and to determin...
The hierarchical architecture that distributes "compute" within the network specially at the edge can enable new services by harnessing emerging technologies. But Edge-Compute comes at increased cost that needs to be managed and potentially augmented by creative architecture solutions as there will always a catching-up with the capacity demands. Processing power in smartphones has enhanced YoY and there is increasingly spare compute capacity that can be potentially pooled. Uber has successfully ...
The deluge of IoT sensor data collected from connected devices and the powerful AI required to make that data actionable are giving rise to a hybrid ecosystem in which cloud, on-prem and edge processes become interweaved. Attendees will learn how emerging composable infrastructure solutions deliver the adaptive architecture needed to manage this new data reality. Machine learning algorithms can better anticipate data storms and automate resources to support surges, including fully scalable GPU-c...
We are seeing a major migration of enterprises applications to the cloud. As cloud and business use of real time applications accelerate, legacy networks are no longer able to architecturally support cloud adoption and deliver the performance and security required by highly distributed enterprises. These outdated solutions have become more costly and complicated to implement, install, manage, and maintain.SD-WAN offers unlimited capabilities for accessing the benefits of the cloud and Internet. ...
Dion Hinchcliffe is an internationally recognized digital expert, bestselling book author, frequent keynote speaker, analyst, futurist, and transformation expert based in Washington, DC. He is currently Chief Strategy Officer at the industry-leading digital strategy and online community solutions firm, 7Summits.
As IoT continues to increase momentum, so does the associated risk. Secure Device Lifecycle Management (DLM) is ranked as one of the most important technology areas of IoT. Driving this trend is the realization that secure support for IoT devices provides companies the ability to deliver high-quality, reliable, secure offerings faster, create new revenue streams, and reduce support costs, all while building a competitive advantage in their markets. In this session, we will use customer use cases...
Machine learning has taken residence at our cities' cores and now we can finally have "smart cities." Cities are a collection of buildings made to provide the structure and safety necessary for people to function, create and survive. Buildings are a pool of ever-changing performance data from large automated systems such as heating and cooling to the people that live and work within them. Through machine learning, buildings can optimize performance, reduce costs, and improve occupant comfort by ...
René Bostic is the Technical VP of the IBM Cloud Unit in North America. Enjoying her career with IBM during the modern millennial technological era, she is an expert in cloud computing, DevOps and emerging cloud technologies such as Blockchain. Her strengths and core competencies include a proven record of accomplishments in consensus building at all levels to assess, plan, and implement enterprise and cloud computing solutions. René is a member of the Society of Women Engineers (SWE) and a m...
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, we provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading...
Poor data quality and analytics drive down business value. In fact, Gartner estimated that the average financial impact of poor data quality on organizations is $9.7 million per year. But bad data is much more than a cost center. By eroding trust in information, analytics and the business decisions based on these, it is a serious impediment to digital transformation.