What’s the fuzz about data science?
Believe it or not, data rules the world. We are surrounded by various technologies that collects data which might be personal or for business obligations. Several companies thrive on data for their very existence and it’s a mere fact there is always abundance of data. With that being said, a need arises to manage them, due to their high volume. Like the quote goes “knowledge without wisdom is like water in the sand” Having data without obtaining information is useless. Here’s the part where data science is deployed.
Cloud computing acts as the prime source for data science since every literal data pass through cloud and stored in them. Without cloud computing, data science might be incomplete.
Process of Data Science
Data science incorporates the process of obtaining vital information from raw data. It has wider scope in different industry fields which leads to new breakthroughs and inventions that can revolutionize the world. Combination of tools and analytics serve as the base for data science. For instance, Amazon serves as major online marketplace which has its foothold all over the globe. It highly relies on data for their successful growth.
By collecting data from consumer’s search pattern and their frequent purchases, consumer buying pattern can be analyzed. With those essential data, the company can display products that are new in the segment and make a sale in the process.
Capture of data
This involves collection of data from wide range of sources which might be organized or unorganized by real time monitoring or records from existing one.
Managing Data
Data once collected needs to maintained. With high volume of data in place, there are possibilities of repeated data and several data might not be essential. To effectively utilize data, they should be in specific formats to analyze.
Analyze
Here the data is developed into models by analyzing them with tools such as python that are specific for them. New discoveries happen here like machine learning and algorithms.
Artificial intelligence is built by data science to their core. What it means is, AI has to process large sets of data like a Tesla car where it needs to monitor data from various sensors in car for autonomous driving. It was a distant dream once, but thanks to data science it’s possible now. Therefore, data science has much greater aspect to new discoveries and are always in need to help our lives make better.
