Data is new in the market. There was no previously exist such data. It would not be a mistake to say that, “Data is digital oil”. Now the data has become the backbone of every business. This is the need of every corporation therefore they hired Data scientists. Data Science is an emerging field in computer science due to the very large amount of data.

Big corporations like Google, Facebook and Amazon have started hiring more Data Scientists than ever before. The reason is that they want to improve the user productivity and experience. Data Science helps them to get a better understanding of their users to make better decisions.

WHAT IS DATA SCIENCE?

Data Science is the domain of study that deals with vast bundles of data using modern tools and techniques to find unseen algorithms, derive information and make business decisions. Data Scientists make complex machine learning algorithms to solve problems.

The data used for analysis can be from multiple sources and present in various formats and this data can be seen with the help of Data Visualization techniques.

Data Science is getting a lot of eyeballs. Now let us take a look at why it is so popular in today’s era?

It enables you to:

• Find the leading cause of the problem.
• Make powerful algorithms.
• Perform exploratory study.

WHAT DOES DATA SCIENTIST DO?

The role of data scientists is to analyze large amounts of data and extract meaningful information. They have a huge role to play in propelling AI forward. Data Scientists used series of steps to solve a problem:

• Determine the problem.
• Gather data from multiple sources.
• Processed raw data into analysis format.
• Feed the data into Machine Algorithms.
• Prepare the results for Stakeholders.

APPLICATIONS OF DATA SCIENCE

Data analytics is found in many fields. From E-Commerce to Gaming everyone is using the expertise of data scientists to solve real-world problems.

Let us take a look at some of the applications of Data Science in different industries.

Targeted Advertising

There was a time, when in order to buy something you have to get out of your house and search for a shop to buy something. But now in the modern age, you can approach millions of clients just away from click-through online ads. In this industry data, scientists play a key role to reach your target audience which would lead to more sales.

Internet Search

Speaking of search, we think ‘Google’.

Right?

But there are many other search engines like Yahoo, Bing, Ask and so on. These all google search engines make use of data science algorithms to deliver the best results. Many other companies like Netflix also use it to give a better experience to their users.

Gaming Industry

Games are now designed using machine learning algorithms which improves the experience of playing games. They use data analysis and processing to get the next level of experience.

Healthcare

The healthcare sector receives great benefits from data science applications. Medical Image Analysis such as detecting tumours, artery stenosis and framework like MapReduce to find optimal parameters for tasks like lung texture classification. It applies the machine learning method which is related to Data Analytics.

WHY CHOOSE DATA SCIENCE?

Now the most important question to answer you need to answer is, WHY CHOOSE DATA SCIENCE?

Well, according to World Economic Forum, it is one of the top-paying and emerging jobs for the next five years. The average entry-level salary for Data Scientist is $67,900 and about 400K jobs opening in the next 5 years.

FAQ’s Data Science

WHAT IS DATA SCIENCE?

Data Science is the domain of study that deals with vast bundles of data using modern tools and techniques to find unseen algorithms, derive information and make business decisions.

WHAT DOES DATA SCIENTIST DO?

• Determine the problem.
• Gather data from multiple sources.
• Processed raw data into analysis format.
• Feed the data into Machine Algorithms.
• Prepare the results for Stakeholders.