With the rapid growth of the data industry in Singapore and the need for data to be managed and interpreted, more and more companies are in need of skilled professionals who know how to translate raw data and extract valuable information.
Consequently, the role of the Data Scientist in Singapore is growing in importance. Data scientists are now one of the top five in-demand hiring roles in Singapore. Companies are under mounting pressures to offer an attractive Data Scientist salary in Singapore to draw in-demand talent. Based on Robert Half Salary Guide for 2023, annual salary for data scientist could reach up to S$200,000.
Data expertise is also highly sought-after with companies re-imagining their business processes. They are increasingly turning to data to identify ways for their organisation to eliminate inefficiencies while using data visualization tools for reporting and planning purposes.
This is where the Data Scientist comes in. Singaporean businesses need people with knowledge of statistics and modelling to unlock the value of complex, unprocessed data from an array of sources. Those sources can include everything from machine log data, digital media and documents, databases, the web, and social media channels.