1 / 8

How Data Science is Changing the World

The purpose of Data Scientists is to extract, pre-process and analyze data through which, companies can make better decisions<br><br><br>

Edology
Download Presentation

How Data Science is Changing the World

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. HOW IS DATA SCIENCE CHANGING THE WORLD?

  2. The term "Data Science" refers to the collection, purging, processing, and analysis of data sets as well as the dissemination of the findings to interested parties. You will be surprised to know how data science can enable us to gain exceptional insights into how objects function and how people act using data. It can offer unexpected insights into almost everything, such as speech patterns and psychological qualities.

  3. Purpose of Data Science Finding patterns in data is the main goal of data science. It analyses the data and derives insights using a variety of statistical techniques. A data scientist must carefully examine the data after data extraction, wrangling, and pre-processing. The next step is for him to use the data to make predictions and help businesses make wiser business decisions by using the findings to support them. The Indian analytics industry is predicted to escalate to USD 98 billion in 2025 and nearly USD 119 billion in 2026, so become a Data Scientist today with an MBA in Data Science or a Diploma in Data Science.

  4. Why Data Matters Data is the new electricity. We are living in the age of the fourth industrial revolution. This is the era of Artificial Intelligence and Big Data. There is a massive data explosion that has resulted in the culmination of new technologies and smarter products. Around 2.5 exabytes of Data is created each day. The need for data has risen tremendously in the last decade, which is why necessary more than ever to take a step towards Data Science. Many companies have centered their business on data. Data has created new sectors in the IT industry.

  5. Although the IT industry has existed since a long time, the information and knowledge on Data Science as a course is a relatively new concept. The fields of computer science and statistics converged with the development of computing infrastructure, cloud storage, and analytical tools. And as a result, data science was established.

  6. Why is Data Science Important? Data works like magic. Industries require data to aid in making informed decisions. Data science transforms unstructured data into valuable insights. The industry, therefore, requires data science. A data scientist is a magician who understands how to work with data to make magic. You too can become a data scientist with a Data Science certification. Any data that he comes across can be mined for useful information by a qualified data scientist. He directs the business in the appropriate path and solves corporate difficulties using his analytical acumen.

  7. Data scientists are tasked with identifying patterns in data and are skilled problem solvers. He wants to identify redundant samples and learn from them. A range of tools are needed for data science in order to extract information from the data. The gathering, archiving, and maintenance of structured and unstructured data are within the purview of a data scientist. Data management and analysis are at the core of the data scientist's job, but it also depends on the industry the organisation specialises in. For this, the data scientist needs to be knowledgeable about that specific sector of business. Edology would be the ideal platform to give a kickstart to your journey as a data scientist.

  8. THANK YOU • Follow us on Social Media • Comment. Share. Inspire. • JOIN OUR COMMUNITY

More Related