How Data Science Training Will Ensure Business Continuity In The Post-Covid World?

Lockdown restrictions have pushed us into recession along with a health crisis we have never seen before. Businesses are struggling to make ends meet, and many have had to take tough decisions like layoffs, frozen hiring, salary cuts, and more. The year has also shown us how vital digitalization is and why data science is the driving force in the post-COVID era.

One of the most prominent examples is remote work and how people have adapted to such a form of work. Businesses are accepting digital tools to optimize their functionality, and this is where data science comes in.

Digital tools not only help businesses measure ROI but also determines every small or big aspect like regulating spends, analyzing the long-term impact, and more. The change is making more companies include AI, VR, AR, and cybersecurity to transform their businesses.

Why is data science essential for business continuity?

Here are some of the reasons why adopting a data science course is crucial for current and aspiring businesses leaders:

Analyzing and forecasting

The pandemic gave us clarity of how uncertain times can be. Businesses can go through drastic changes due to such conditions unexpectedly.

With the help of data analytics, we can predict our future better. It helps us analyze risks and develop strategies to mitigate them.

Companies can use historical data from the current situation to estimate t

he trends of the future. Data science training can also give us cues of future obstacles and how to handle them efficiently.

Data Science course

Moreover, historical data can help plan different outcomes of businesses during an unfortunate phase.

Assessing resources for maximum utilization

While analyzing risks and mitigating them fast can prevent disrupting business processes, knowing the way to put resources to use during such times is also crucial.

Every company needs to imply analytic practices to get through critical times and understand the state of their business.

One example of this would be setting up an analytics team for finance. The process will help a business find how changes in the economy can or are affecting their business. Data assists in allocating resources and promotes effective decision-making.

Identify Opportunities

When you adopt data science, you can identify new opportunities for business continuity. The process of analyzing available data resources helps catch loopholes early and find new possibilities to overcome them.

Currently, most companies are aggregating COVID data and combining the same with employee data. It helps one understand better ways to support employees in this crisis. For example, updating a dashboard to check geographical data helps offices take preventive measures or recommend closedown. HR’s are using such data to determine if offices are safe to open or not.

Necessity of cybersecurity

As soon as you step into the data science career, you will know how critical cybersecurity is. It is the most vulnerable risk that any form of data can pose.

Much of this has been at stake since people have been working remotely. There is also an increase in cloud services, which need constant technical tracking, maintenance, and recovery.

Even when companies work remotely, they have to imply IT security to safeguard data exposure and threat. Data science and AI give us solutions to cyber threats and monitor network traffics more effectively across VPNs. It quickly detects points of breaches and infringement in real-time.

Helps in quick changes of services

E-commerce and retail industries use data science and AI to attract customers; both online and offline. Companies now leverage AI-powered solutions to get insights into changing consumer demands. Such data helps optimize the supply chain and minimize disruption.

Data Science CareerThere is a high usage of AI chatbots to get quick solutions to external factors. These chatbots communicate with customers, answer their questions, and record their responses. It is assumed that the usage of chatbots will multiply by 50 times compared to what it was before COVID.

Final thoughts

Business continuity is critical and crucial. More and more companies need to incorporate data science to make businesses effective and reliable. While it has been vital for a long time already, it will become non-negotiable in the post-COVID era. The above-listed reasons give you a brief insight into the bigger picture and why data science is the future of your business goals.

What is The Growth Potential in Choosing To Become a Business Development Manager as a Career Path?

What is the role of a Business Development Manager?

A person working as a business development manager has the key role of identifying sales targets or prospects in the market and with the help of his acumen, chasing the targets and converting them into customers of the business. The role of a business development manager is significant as he is the one having direct contact with the customers.

The person at this position must have prowess in certain fields especially in communication. A saying, ‘a person without a smiling face must never open a shop’ righteously concurs with a fact that the person presenting the offerings of the business must have a delightful personality suitable to persuade the buyers. Along with this, a business development manager must be well aware of every element of the business.

How business development management is evolving in the current scenario

Business Management CourseConsidering the present times of Covid-19, most of the businesses have been relocated to online platforms which have surged the workload of business development managers.

Now, the clients have to be pitched telephonically or by the way of using online social media platforms.

 Growth potential in business development management as a career path

Following points can help to elucidate the fact that how vast and resourceful the career path of being a business development manager can turn out to be.

  1. Field Options

Any individual from varying work fields like sales, marketing or even with a technical background can excel as a business development manager. This is a great speciality of this career. Along with business acumen and fair dedication, a great deal of personal insight is required to become a business development manager.

This also comes with experience. This blend of some knowledge of your field with experience can make you stand out in this particular career.

  1. Promotions

Working as a BDM can land you in a very good position. Any BDM who has a great experience of 5-7 years can be promoted as a strategic planner who has a great experience in designing the advertising and publicity programs and formats of any company. It is a great leap from a job that involved public dealing with a position where you have to assign work to the business development managers working under you.

With some recognizable experience as a business development manager, an individual can also secure the position of an Account Executive. This position requires a comprehensive set of skills as it does not only involve talking to prospects but it gives your company different clients.

The role of a BDM provides a lucrative pay-scale involving a greater proportion of incentives.

Business Management CourseFor professional assistance or to kick-start your career in business management, you can always rely on learning institutes like Imarticus which are always ready to provide you with various courses and placement opportunities in fields like these.

Business management aspirants must check the Business Management course and contact Imarticus and sharpen their skills before others do.

Reinvent Your Career With Discounted Programs Against The Pandemic!

The COVID-19 is likely to set different industry trends, opening up potential corners related to technology and finance. With the globe adopting the new normal of the 21st-century pandemic, thoughts turn to what comes for those looking for careers in finance and analytics!

With the removal of lockdowns and lifting of restrictions, economies are stimulating. Safety and wellness remain a priority for everyone. The pandemic presents an opportunity to explore the hidden potentials and secure jobs in finance, technology, and analytics through training for future in-demand skills. This calls for the advancement and upgradation of professionals and businesses.

Jobs of Tomorrow:

According to research, “97 million new roles will emerge by 2025, which will be more adapted to a new division of labor between machines, humans, and algorithms”. Such roles are already in demand, including data analysts and scientists, AI and machine learning specialists, robotics engineers, Fintech experts, and business analysts. Organizations need a back-up of an exemplary talent pipeline to implement technologies appropriately.

In this situation, job roles related to technology like cybersecurity experts and data scientists will be in-demand to secure organizations’ surface area from potential risks. This digital transformation increases the reliability of skilled and well-trained professionals.

It’ time to fight back and reclaim control of your career with a strategy that helps you succeed, i.e., intensive training and upgrading.

Fight Back Covid With Imarticus and Prepare!

Many may lurk into uncertainty on where to start?

Well, you definitely can’t sit still and let Covid ruin your career. At Imarticus, we assist you in fighting back by becoming a skilled New Age professional.

We provide a platform for you to invest time into E-learning and new-age career programs. Imarticus learning addresses all your future needs through intensive training that helps you secure a job in top companies in the industry.

While the pandemic may be a problem for others, at Imarticus, we turn this into an opportunity for you. Avail up to 30% off on our placement-oriented future-skill professional training programs and upgrade to the New Age career of your dreams! Imarticus understands your passion for your profession; thus, our ‘industry-first approach’ and industry-academia gap bridging idea prepare aspirants for job placements.

Data scientistBe it a new-age career in analytics, or a career in finance, or a career in marketing, Imarticus learning is focused on skill retraining and upskilling for jobs of tomorrow.

We offer MBA certification courses and management programs for recent graduates, young professionals, and executives. Our programs have been assisting professionals in developing critical thinking, retrain, enhance knowledge, and develop careers strategically for years. Now it’s your turn to enroll in our new-age career programs.

MBA Certification ProgramsImraticus learning aims to train you for in-demand skills, extract insights, and improve decision-making. This is a golden opportunity to enroll in over ‘3000 hours’ of advanced E-learning classes that polish you into an asset for many organizations. Imarticus offers a fee waiver, with discounts up to 30%, which is an exclusive offer during this pandemic era.

Rather than Covid-19 hampering your career dreams, Imarticus lets you turn the tables and explore the potential through learning programs. Sign-up today for these tailored programs to claim control of your careers.

Imarticus Learning strongly respects the power of time and wishes professionals to be productive while staying home during the pandemic. The online e-learning programs are curtailed exclusively for professionals to explore their skills through our programs. Enroll today to avail exclusive discounts on job-centered training programs that add a badge of knowledge and acumen to your career.

Believe it or not, this is the best way to fight back COVID while staying safe at home and boosting careers!