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Why Data Science & Machine Learning in Hong Kong is in Demand

July 8, 2021

By Vahid Haghzare, Director Silicon Valley Associates Recruitment &

Victor Chen, Senior Recruiter, Silicon Valley Associates Recruitment 

 

The continual digital transformation of the world has made data science and machine learning the buzzwords of this decade. With businesses generating enormous amounts of information every year, science can help them analyze this for valuable insights. Data science-related roles are among the most talked-about jobs in the market these days. The big data industry is facing a global skills shortage, especially in developed regions such as the Asia Pacific. As a result, there are emerging Data Science jobs all over the world, such as IT data scientist careers in Hong Kong, Singapore, and Asia-Pacific.


1. Data Science is an Interesting Career

Businesses have evolved with the digital transformations to compete competitively with the demands in the market. However, the proliferation of information is both a blessing and a challenge because you have to figure out which and how data should be taken for future value to the company, making it a complex process. That is why Data Science has become in demand in the field to help businesses derive actionable insights from vast amounts of structured and unstructured data from the digital to the physical world. 
 
By extrapolating and sharing these insights, data scientists help organizations to solve vexing problems. Combining computer science, modeling, statistics, analytics, and math skills—along with sound business sense-data scientists uncover the answers to major questions that help organizations make objective decisions. Therefore, empowering businesses to take better actions to improve performance and increase revenue.

 


In a nutshell, Data Scientist careers are primarily about analyzing raw data, predicting future trends and patterns, and creating solutions based on the data they collected. Employers are predominantly looking for experienced data science professionals who also understand the business needs and can lead a team. These senior roles come with higher pay, particularly in the banking and IT industries. In saying so, Data Scientists play an important role for the business to stay competitive in the market and retain customers while maintaining engagement in its internal and external environment.


2. Data Science is Booming in Hong Kong and other parts of Asia

In the previous years, Hong Kong was lagging way behind in data science positions compared to the world's leading tech cities like London, Singapore, and Silicon Valley. However, consistent efforts were made towards digital transformation and technology startups which created a huge demand. Sectors like supply chain, real estate, finance, and hospitality are just some of the areas where Data Scientists are booming. Data analytics is one of those areas where the quality of talent is a critical factor. The analytics or business intelligence department of a company will not thrive unless it has expert data scientists with the perfect combination of technical expertise & problem-solving ability. No wonder this career path gained the title as the sexiest job profile of the 21st Century.


3. Data Science is an Evolving Career

Data Science is a vast field and it constantly keeps professionals evolve and grow, leaving no room for boredom. Mastering this field requires a great amount of effort, knowledge, and skills. Finding a career path is quite challenging but worth exploring. It would help if you did the following to explore Data Science as a career option.


Research Data Science terms to Avoid Confusion

When you find more information about data scientists' job responsibilities, you will encounter big words like Data Mining, Data Warehousing, Machine Learning, and Data Analysis. These make sense to you as individual fields but sometimes can’t show you the whole picture regarding data science. You are not the only one being confused about such jargon. That is why we have to conduct research on these terms to avoid confusion and sort main points of the roles of Data Scientists.
 

Unleash Your Inner Potential

Do not become too focused and overwhelmed on those big terms. Instead, learn more about the Data Science career path to learn more about the personal traits of the people working in this field. Various fancy names and job titles are posted on the Internet for Data Science-related roles, but the gist of this is that career offerings in data science boil down to 3 main categories. These Data Science jobs are also offered at Silicon Valley Associates Recruitment, an experienced IT recruiter in Hong Kong and Asia Pacific. Different kinds of people and traits usually excel in each category so let's explore more to your potential.


3 Main Job Categories in Data Science

1. Analyst:

•    People who likely belong to this job category have talents in analyzing large volumes of data—then converting them to more comprehensible formats like charts and graphs to visualize those raw data.
•    Those who take an interest in statistics and enjoy interpreting data patterns and trends.
•    Those who are curious and want to find answers to pressing questions through research and diligent studying.


2. Engineer:

•    Those people who are creative and have a talent for coding and making software.
•    Have talents in thinking algorithmically. They are interested in sorting raw data into a structured one to create programs.


3. Scientist:

•    Those who are capable of acting as both the engineer and analyst.
•    People who are creative in finding solutions and take an interest in what the analyst has presented.
•    Those who have the ability to make tough decisions and have strong business knowledge.

 

 

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Silicon Valley Associates is ideally positioned to support the continual demand from tech companies and IT Departments looking to hire in Hong Kong, Asia, and Worldwide. Please let us know if you would further advise on the above topic or your hiring needs

 

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