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The Increasing Demand for Data Experts in the Biotechnology Industry

Life Sciences Review | Tuesday, August 24, 2021
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With the increasing number of Biotech companies, the demand for data scientists, data analysts, and other technologists is increasing.


FREMONT, CA: The field of biotechnology is becoming increasingly data-driven. As the list of biotech firms increases, so does the demand for data scientists, data analysts, and other specialists in this sector.


According to statistics, the biotechnology job market has been developing rapidly, with a typical wage of $80,455 per year. Companies, which gather and analyze millions of job ads from all over the country, came to the same result, forecasting a 22.8 percent increase in research and development employment in the biotechnology sector over the next ten years.


With the growing demand for data and the related issues about where to store it, how to evaluate it, and how data pipelines can be formulated- app developers, software engineers, and cloud architects will have numerous options in biotech.


Bioinformatics is a sector that generates methods and software tools for interpreting massive, complicated collections of biological data—is in high demand, and firms are looking for experts with strong software engineering expertise and a thorough knowledge of biology.


As conventional bioinformatics platforms don't exist in the cloud, and companies are using new algorithms, they need to expand endlessly in the cloud, due to which these firms require AWS people who are cloud-native.


Identifying technologists who are fascinated by biology can be difficult due to the increasing demand. When it is about biotech, several companies are ready to employ technicians who have minimal experience with biology, assuming that they would be able to teach them the significant concepts over time. Qualified candidates, on the other hand, are currently in a strong bargaining position.


There are many concepts in biology that scientists don't understand. To solve those issues, a large amount of data curation is required, focusing on data quality and organization. In order to improve the resulting analytics, datasets and toolsets must be regulated, mainly when the datasets in question grow extremely large.


All of this indicates that candidates who blend machine learning, data analytics, and biological expertise will become more valuable over time. Agile and DevOps approaches are also necessary because these skills are also crucial for any biotechnology company.


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