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Category: Analytics

How Much do Scrum Masters make?

Posted on by Imarticus Learning

With the influx of business and artificial intelligence, the world around us has changed. Due to this change, a lot of new roles have come up in the job market. People are coming up with a simpler solution to complex problems using technologies like data analysis and machine learning. However, these technologies are implemented with a proper framework and the companies are advised to adhere to these standards so that a professional atmosphere is maintained.

What is Scrum?

A scrum is a framework with the help of which solutions are developed for complicated and complex problems. These solutions are brought up by a lot of creativity. A Scrum Master ensures that the product delivered through the process serves the purpose and is of the topmost quality. Scrum also ensures effective utilisation of teamwork in coming up with innovative automated solutions. With a scrum master certification, you can understand the technicalities of the field and seek a career in the same. Being a relatively new field, scrum has found its place and a lot of companies are now looking for a scrum master. With proper training, you can easily understand the subject and with a lot of practice, you will be able to master it.

Who is a Scrum Master?

A person who generally develops an algorithm to come up with solutions to complex problems is called a scrum master. They know the implementation of agile methodologies to come with solutions from which a company can benefit. With a scrum master certification, you will understand the roles and responsibilities in a better way. These people are also called the drivers of change as they help the companies in upgrading their solutions concerning the change in the market scenario. These scrum masters are experts in their fields and they have the technical know-how to implement these agile scrum methodologies to bring out a successful solution.
A scrum master has to be good with the work he does. He needs to be aware of different processes and he must know how to work them out. A scrum master takes up the back seat and acts as a backbone in any project implementation. They bridge the gap between the business owners and the product managers and build comprehensive solutions to address different problems. They must have a proper experience of dealing with the tools and technologies as the work involves a lot of technical brainstorming.
He helps businesses in understanding the technical dependency of a particular project and tasks. A good scrum master must be a persuader and should influence people. With a scrum master certification, you can be market-ready for taking up scrum master roles.

How much do scrum masters make?

With automation, the demand for scrum masters has increased but only a few professionals are employable in this field. This factor makes it a very high paying job. In America, a scrum master earns about $100,000-$125,000. This pay is very high as compared to the average pay of the people working in different companies. In India, these scrum masters earn around Rs14,00,000 and can also be paid as high as Rs. 25,00,000. A master’s degree is not mandatory to become a scrum master.
Also, this pay increases with the level of training a person takes. A person with multiple certifications is more likely to earn a higher amount as compared to the base salaries. Companies like IBM pay Rs.16,00,000 per year which makes it a high-end product. Scrum masters are paid quite high and are considered to be one of the highest paying roles of all times. Companies are now moving towards Agile systems and they need someone to drive this change.

How Can Data Analytics Improve Remote Learning?

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Introduction

Data Analytics has transformed how we work today. It has brought in the automation we need. Big Data has found a lot of use in Industries like Healthcare, Finance, Retail, Real Estate, etc. It has made analysis and crunching of data a cakewalk. Earlier, analyzing and sorting information from data sets was a cumbersome task.

It required a lot of people and long working hours to analyse and extract information from those data sets. This got complicated as the amount of data increased and due to an increase in the number of data sets, the results were prone to errors.

Big data transformed and brought in a wave in the process with which companies handle data sets and data. Big Data and Data Analytics have not left any stone unturned.

They have even brought about a significant change in the education sector. It has become a hot career option and you can take up an online or an offline Big Data Analytics course to become a part of this transformation.

Data Analytics is creating new learning opportunities daily. It is now transforming the way students’ study and teachers teach. Data Analytics has elbowed its way to the pedagogy and is now setting up a new definition of how people study.

Remote Learning

Remote learning is the online way of studying where technology becomes the source or medium of knowledge exchange. Remote learning eliminates the use of traditional classrooms removing the barriers of place and time. The Internet has become an essential and Remote Learning is making the best use of it.

Big Data Analytics CourseRemote learning is now been done through a lot of platforms and mediums such as Video conferences, online tasks and assessments, discussion boards, webinars, etc. These platforms allow free flow of information and are equipped with all kinds of features like screen sharing, system control sharing, whiteboards, annotations etc. Remote learning is a new way of learning.

Remote learning generally translates to the face to face mode of studying using technological resources. You can initiate or have access to remote learning from the convenience of your homes.

Data Analytics and Remote Learning

Data Analytics has transformed the education industry. With a lot of data present, one can easily assess the demand for education and tap those markets. Big Data has made it possible for the education industry to move online.

A Data Analytics online training programme would give you insights on how things are working. Also, during a pandemic, the educators and school have easily moved to an online mode with the help of Big Data. With Data Analytics, the teachers can easily keep a tab on the performance of all the students. This would make use of different parameters to show conclusive results.

With Data Analytics, access to information has become easy. Also, the education system has been handled with a systematic approach and all the elements have now been automated.

These practices are now being standardised by trying different strategies and understanding what exactly would work in case of Remote Learning. Also, data analytics make learning safe.

Data Analytics make sure that the adoption of the system is done easily and also the students stay engaged. With data analytics, a lot of applications have been developed with simple and understandable user interface keeping in mind the demographics of the audience. Also, these applications take care of the safety of the student who is accessing remote learning resources.

Using Data Analytics, you can keep a tap on the activities of the students and how they are performing in class. It also manages attendance records, class files, etc with ease.

Conclusion

Big Data has brought about significant changes in the way students learn. With a little more up-gradation, Big Data will now drive this new model of education.

In The Face Of Job Uncertainty, Can A Career In Big Data Protect You?

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Big data involves extracting, analyzing and processing vast amounts of data using different techniques. With electronic apps proliferating through sectors and geographies, data is generated from various sources every day, everywhere, by everyone.

While big data entails sifting through unstructured data in multiple formats, the insights derived from these data dumps are invaluable to business or societal goals. Detailed knowledge of the business, through big data, will build greater efficiencies and give them an advantage over rivals in a data-driven environment.

The importance of big data has come further into light during the novel corona virus pandemic. Although the world is far away from a cure, the use of big data has allowed organisations and governments to manage the crisis, mitigate the impact as far as possible and maintain lock downs at a national level.

That said, healthcare is not the only sector that benefits from big data. Nearly every industry known to humans today can derive actionable benefits from big data, should they use it to its maximum potential.

The burning question, then, is if a big data career can keep you safe from job cuts, layoffs and furloughs. It just might, for the following reasons:

Big Data CareerA Shortage of Big Data Talent

Although there are many complexities involved in incorporating data-driven perspectives into traditional business practices, recruiting the best talent has become a consistent frustration across industries. Both as a result of this and as a precursor to this, companies have been failing to realise the full potential of big data and have been able to extract only a limited amount of insights.

A Breadth of Possibilities

Companies and industries are only just realizing the potential of big data across the board. Therefore, there is a myriad of paths to explore within the field in the coming year. This makes today an opportune time for those in looking to kickstart a big data career. Companies will be on the lookout for those with solid core competencies as well as a willingness to learn and experiment. Much of big data’s capabilities are hitherto undiscovered; big data analysts and scientists can help industries derive as much value as possible.

Evolving Technologies and Software

Technology continues to change and transform, which means new sources of data are being added into the mix. For traditionalists, this amount of data can look daunting and be misconstrued as useless. However, big data professionals can interpret these data dumps, extract value and engage in data storytelling such that big data drives business goals from the get-go. Additionally, new software is being introduced to handle niche requirements; a big data analyst or scientist with some experience in this will prove to be invaluable to a company exploring big data possibilities.

A Surge in Big Data Courses

If the number of enrollment in big data and related courses are anything to go by, then it is safe to say that interest in big data is only increasing by the day. A good big data analytics course, however, doesn’t stop just there.

It also delves into machine learning, Artificial Intelligence and Natural Language Processing because all of these are intrinsic to the process of deriving actionable insights. Any big data analyst worth their salt will strengthen their competencies in these fields first and then apply theory into practice.

Conclusion

A great way to get your foot in the door and strengthen your skillset is to enrol for a big data analytics course. While the job market seems to be bleak the face of a potential recession, you can offset some amount of impact if you’re pursuing a career in big data. It’s most likely to rebound from this depression and create meaning out of the noise even in difficult times.

Why An Unstable Job Market Has Increased Demand For Online Learning?

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There has been an unprecedented rise in the number of lay-offs, furloughs and companies shutting down over the last few months. Job uncertainty, a bitter pill to swallow, has affected lakhs across the board, regardless of where they stand on the corporate ladder.

In the wake of this phenomenon, working professionals have turned to online courses to upskill themselves and stay ahead of the curve. So have recent and fresh graduates, who find themselves facing an upturned job market with all doors effectively barred for all but the best of the lot.

Analyses have found that the fields of artificial intelligence, data science and machine learning have been most sought out when it comes to online courses of varying lengths.

Data science Online CourseIf you’re looking to get trained online in the same fields, you’re in the right place. If you’re still on the fence about online courses in general, here is a comprehensive list of benefits that you can expect to reap:

Flexibility in the time and place of learning

You get more flexibility in studying online. You can study more easily around your existing work schedule (and your hobbies). This benefit is much better felt when you’re taking a class that allows you to learn and do assignments at your own pace. You can also choose your preferred work environment as well as use your own technology to furnish your learning as you see fit. The only prerequisites to online learning are a stable internet connection and laptop, computer or smartphone that you can attend your courses on.

Lower costs

For fresh graduates and new professionals, it can be difficult to justify dropping thousands on yet another college course or diploma. However, choosing online courses reduces costs by a significant level. You might need to pay fixed costs– such as tuition fees and book purchases– but you’ll find that the costs of travel, transport and additional day-to-day expenses reduce significantly. This is especially beneficial if you’ve got your eye on a course from an international university but haven’t been able to justify the costs of accommodation, stay and visas.

A wider range of courses

Opting for online courses gives you a more comprehensive range of topics and industries to choose from. Additionally, online learning has made courses from international universities and institutions available to those in virtually any country. By making education globally accessible, online learning significantly raises the scope of curriculums as well as the standards of teaching.

An overarching benefit of this wide range is also that graduates and professionals are able to connect with industry experts in other countries, especially if the country they’re from does not currently have the resources or the demand for such niche courses.

Building specializations

Traditional education systems often work to teach the basics of a domain or topic; however, not many offer specializations that are both useful and affordable. This gap is one that online learning can fill. Professionals and graduates can fill gaps in their skill set or pursue an education in a niche topic through online courses. This is especially useful for professionals who have sound core competencies and are ready for a higher level of analyses or research. This is also beneficial for anyone who wasn’t able to pursue a topic out of pure passion; it allows hobbies and personal interests to be catered to without the risk of jeopardising your existing career.

Conclusion

Whether its working professionals looking to invest their time in bettering their skillset, fresh graduates hoping to add a little extra to their resume or individuals finally getting around to learning what they’re passionate about, more and more people are turning to online courses to upskill and supplement their existing knowledge.

Thoughts on Cybersecurity in The COVID-19 Era!

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It is not possible to name one sector that has not been affected by the Covid-19 epidemic. Around the world, sectors including cybersecurity have taken massive hits in how they perform. A clear sign of this is the growing number of cybersecurity cases involving online fraud, scams, and phishing.

Let’s take a brief look at how the Covid-19 outbreak has affected the world of cybersecurity.

Growing Number of Cyber Issues

Earlier in 2020, someone decided to sell the Statue of Unity online. Then there were attempts to dupe people who were trying to donate to the PM Cares fund. This was done by using fake UPI handles and extorting money from unsuspecting givers.

In India, cyber financial crime is not a new topic. But the uptick in the number of such cases is something to be noted. As more and more people quarantine themselves and try to work from home, there has been a rise in online transactions. Whether it is to pay phone bills or to buy essential groceries. This sudden shift to online transactions (more than what it was in the pre-covid era) has given rise to this uptick.

People around the world are in a state of desperation and anxiety, which fraudsters take advantage of. So, for many people, while transacting online, there is a lack of extra attention that they would have otherwise paid.

Government to the Rescue

Most of these cyber cases are a result of lack of caution on the part of the user. However, the government and its associated bodies are scrambling to further contain this increase in cyber attacks.

According to Medianama, the Indian central government has made sure that certain sectors get heightened security in this period. This is to prevent them from falling victims to online fraud or hijacking, which can further have a negative impact on normal life in the country.

These sectors are transport, government, telecom, financial services, power and energy, and strategic and public enterprises.

Combining Public and Private

The epidemic has also shifted the attention to the ongoing debate of public and private companies working together. Private organizations have the resources to help public companies prevent cyber abuse. This is in the form of VPNs and other advanced cyber machinery that can help weed out fraudsters from even entering a system.

As is known that small preventive steps can help avoid huge cyber disasters, naysayers are also finally accepting the idea of a possible collaboration between the public and the private.

Importance of Cyber Knowledge

One thing that has come to the centre of the discussion is that such situations reinforce the idea of how important basic cybersecurity knowledge is. It is up to each user to exercise caution while transacting online.

It can be as simple as setting different passwords across platforms, not responding to fake or fake-looking messages, and limiting the use of online payment methods. A bit of supervision in these activities can help avoid disasters.

Cybersecurity is one of the most vulnerable sectors in this age of corona virus. It is our collective responsibility to prevent it from harming the already-bleeding economy.

Use of Machine Learning in Social Cause!

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Watch Vinay Borhade, Founder and Director of AIQuest Solutions(LLP), Former Sr. Manager-Bank of America discusses how Machine Learning is used in Social Causes today. He goes into detail and shares some examples of its uses in water crisis, climatology, renewable energy, crisis management, and health nutrition.

Imarticus Learning is India’s leading professional education institute, offering certified industry-endorsed training in Financial Services, Investment Banking, Business Analysis, IT, Business Analytics & Wealth Management.

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Applications of Analytic Used in Ecom & Social Media Sites – #KnowledgeBytes | Imarticus Learning

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This Imarticus Learning video explains the Applications of Analytics. Amazon is one of the examples of applications of analytics. This video describes how Amazon has mastered the art of cross-selling by giving product recommendations on the right pages. This is possible because of the data analysis. Facebook is another example of analytics.

Facebook applies analytics to customize the notifications that the users receive. EA and Zynga from the gaming industry are other examples of the application of analytics. Another important application of analytics is the FICO credit score. Email spam filtering, which is a need for email applications, also uses analytics to give their users a better experience.

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To know more about Data Analytics Certification, please visit here – https://imarticus.org/post-graduate-program-in-data-analytics/?utm_source=youtube&utm_medium=organic&utm_campaigntype=youtube

Why Imarticus?

Imarticus Learning offers a comprehensive range of professional Financial Services and Analytics programs that are designed to cater to an aspiring group of professionals who want a tailored program on making them career ready.

Our programs are driven by a constant need to be job relevant and stimulating, taking into consideration the dynamic nature of the Financial Services and Analytics market, and are taught by world-class professionals with specific domain expertise.

Headquartered in Mumbai, Imarticus has classroom and online delivery capabilities across India with dedicated centers located at Mumbai, Bangalore, Chennai, Pune, Hyderabad, Coimbatore, and Delhi.

For more information, please write back to us at info@imarticus.org Call us at IN: 1-800-267-7679 (toll-free)

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Imarticus Learning – How Data Science is Helping to Transform Different Businesses

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Did you know that many football clubs now use advanced analytics to identify rising talent and undervalued players? Watch this video as Ritu Sekhon – Analytics Consultant explains how data science is helping transform different businesses Imarticus Learning is India’s leading professional education institute, offering certified industry-endorsed training in Financial Services, Investment Banking, Business Analysis, IT, Business Analytics & Wealth Management. To know more about the course, please visit here – https://bit.ly/2Swd9ka Website: https://imarticus.org/ Facebook: https://bit.ly/2y6UjKW Twitter: https://bit.ly/2J11llx LinkedIn: https://bit.ly/2xwSoPM

Imarticus Learning – Introduction to KNN

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Watch Ritu Sekhon, Analytics consultant and trainer give an introduction to KNN (K Nearest Neighbour) and explain why we should use smaller data sets. Imarticus Learning is India’s leading professional education institute, offering certified industry-endorsed training in Financial Services, Investment Banking, Business Analysis, IT, Business Analytics & Wealth Management.

To know more about Post Graduate Program in Data Analytics, please visit here – https://bit.ly/2uKzLE0

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Imarticus Learning – Introduction To Linear Regression

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Watch Vinay Borhade Senior Manager ITS-Bank of America, giving an introduction about Linear Regression and how it used in Machine Learning. Imarticus Learning is India’s leading professional education institute, offering certified industry-endorsed training in Financial Services, Investment Banking, Business Analysis, IT, Business Analytics & Wealth Management.

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https://imarticus.org/post-graduate-program-in-data-analytics/

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