DATA SCIENCE: THE STUDY OF DATA

Data science is a career that keeps evolving. This is the industry that keeps iterating. It is the extension of concepts like machine learning, data mining, artificial intelligence and big data analytics. This is a vast concept that deals with large data. Data can be either structured or unstructured. As data science deals with big data, it is more focused on the pre-processing and organizing the data than analyzing data.

v  There are many industries that make use of data science. Some of them are:

·         Agriculture

·         Marketing

·         Government institutions

·         Rocket Science

·         Educational institutions

·         Research

·         Manufacturing industries

·         Telecommunication industries

·         Entertainment

·         Small-scale industries

·         Large-scale industries

·         Medium-scale industries

·         Internet

·         Computer Graphics

 

Data science uses the method of data preparation, predictive modeling and statistical analysis of data to solve many problems faced by individual sectors. It provides a lot of intelligence, growth and development to an industry using big data analysis and data mining.

Understanding database plays a major role. The reason behind this is that the database is the place where we store data in the form of a repository. It is also required to have sufficient knowledge in statistics. One such requirement could be the ability to code. Most of the languages used to build a general structure to store data is python, R, Java.

Scope of a data scientist in the next few years-

According to a recent survey, it is said that there will be 700,000 recruitments for the post of data scientists in 2020. The reason is quite simple. The emergence rate of smartphones, use of internet, gadgets is increasing day by day and so is the data. To maintain this mechanism, the world requires a huge number of manpower with the appropriate skills.

Nowadays, everything is happening online. The salary that you get, the current bills are paid online, even your insurance claims are done online. This involves the application of data analytics and use of machine learning. Managing data is also an important skill. You should know what kind of data is handled and in what way. If the system fails, it must recover from it as soon as possible.

Job Prospects that enhance your career in the field of data science-

v  Data analyst: the ability to analyze data and act on it in a way to enhance the method of building it is called data analysis. Since we are going to deal with much more data than we do right now, the importance of analysis becomes important as well.

v  Data Engineer: he is the one responsible for maintaining the structure of storing the data, building, and working with it.

v  Machine Learning Engineer: it is the ability of a machine to learn and develop without depending only on the programmed version of itself. It is in great demand and requires people to implement such a system.

v  Data Scientist: the person who takes up the role of all of the above. He is the one estimating the analysis of data, how it could be improvised and so on.

 

Resource box:

As we saw, there is so much scope in the field of data science, it would be an excellent decision to consider data science as a career path. Considering this, ExcelR data science institute takes up the initiative of providing training and help build a community of data science for future enhancement.

 

 


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