Data Scientist, IT Salary
Job Description for Data Scientist, IT
IT data scientists are responsible for mining complex data and providing systems-related advice for their organization. They design new ways to incorporate vast information with a focus on information technology topics. They work with teams of other IT professionals to manage statistical data and create different models based on the needs of their company. They possess advanced analytical skills, in addition to their exceptional oral and written communication abilities. They process research information for easier consumption and transform it into actionable plans. They also provide value to their businesses through their findings and thoughtful insights.Read More...
IT data scientists follow specific, strict company and industry guidelines in their work. They observe data privacy rights to ensure client satisfaction and avoid legal issues. They create networks of professionals to consult, including internal partners and external colleagues. Most of the time data scientists work in teams using collaborative filtering, k-nearest neighbors, market basket analysis and matrix factorization methods. They deal with cutting edge technologies on a regular basis, and often have the best tools available at their disposal. One of their main work tools is usually an industrial computer with high processing power and proprietary software applications for research tasks.
IT data scientists usually must possess previous work experience in a similar position. They should have advanced knowledge of different data mining techniques such as clustering, regression analysis, decision trees and support vector machines. An advanced degree (such as a PhD) in computer science is usually required for this kind of position, in addition to previous years of work experience in a related field.
Data Scientist, IT Tasks
- Perform and interpret data studies and product experiments concerning new data sources or new uses for existing data sources.
- Develop prototypes, proof of concepts, algorithms, predictive models, and custom analysis.
- Design and build new data set processes for modeling, data mining, and production purposes.
- Determine new ways to improve data and search quality, and predictive capabilities.
Data Scientist, IT Job Listings
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Popular Employer Salaries for Data Scientist, IT
Well-known firms with a reputation for hiring numerous IT Data Scientists include International Business Machines (IBM) Corp., Booz, Allen, and Hamilton, Amazon.com Inc, American Express Co. (AMEX), and Microsoft Corp. Amazon.com Inc offers the largest salaries in town — $147K on average.
International Business Machines (IBM) Corp. offers the least pay with a median salary of $67K; furthermore, salaries there max out at only $93K.
Popular Skills for Data Scientist, IT
Survey respondents exploit a significant toolbox of skills in their work. Most notably, skills in Hadoop, Machine Learning, Big Data Analytics, and Data Mining / Data Warehouse are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Microsoft SQL Server, Object Oriented Programming, and R. The majority of those who know Data Analysis also know Machine Learning and Data Mining / Data Warehouse.
Pay by Experience Level for Data Scientist, IT
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Experience and income seem to be closely related; in general, the survey respondents who had worked for more years reported higher incomes. Respondents with less than five years' experience take home $89K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $109K. IT Data Scientists bring in $121K after working for 10 to 20 years. Average wages for folks with more than 20 years of experience come out to around $148K.
Pay Difference by Location
IT Data Scientists will find that Mountain View offers an impressive pay rate, one which exceeds the national average by 33 percent. IT Data Scientists will also find cushy salaries in San Francisco (+27 percent), Seattle (+21 percent), San Jose (+17 percent), and Austin (+8 percent). Place of residence plays a huge part in an IT Data Scientist's salary, with Cleveland IT Data Scientists earning salaries that are 29 percent less than the national average. Employers in Dallas and Washington also lean toward paying below-median salaries (15 percent lower and 14 percent lower, respectively).