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Can Outsourcing Data Science Fill The Jobs Shortage?
Fayrix Believes So

Fayrix estimates that firms can save 50-60% of their budget on data science outsourcing thanks to reduced office space, equipment costs and by employing workers on lower wages abroad.

Imagine the most appealing job. What characteristics would you consider? Freeing or remote working, well-paid, handling innovative technology or working for an influential media outlet? These criteria are all encompassed by the role of a data scientist. Thanks to companies increasingly embracing big data to make decisions we will need a further 28% more data scientists worldwide by 2020 to cope with an increased need.

Fayrix allows companies to even outsource their data science. Thanks to increased demand for scientists the firm opened thirteen offices across the globe. Its scientists work on short or long term contracts to fit their changing data-related needs. Its scientists work on short or long term contracts to fit their changing data-related needs. Fayrix and its employees are governed by SLA liability law in Israel, thus ensuring the safeguarding of sensitive data. the outsourcing of data science brings a host of advantages.

"Outsourcing data science is the future because it's the only way to use the latest technologies in the most reliable and efficient manner," says Ofer Zvi, the Director of Fayrix. "Furthermore, outsourcing data science is the future because of the ever-increasing rise of big data and the critical demand for data scientists who can make sense out of it. Offshore businesses fill this gap nicely by offering all the range of expertise, top IT talent at a considerably better price."