5 (Five) Essential Things you must know about Data Science
5 (Five) Essential Things you must know about Data Science: Data Science refers to the analysis of data and the extraction of valuable knowledge from it. A combination of computer science, statistics, and particular domain knowledge, it is a broad term and refers to everything, from simple data reporting activities to sophisticated predictive modelling with the use of AI (Artificial Intelligence).
Here are 5 things you must know about data science:
1. Huge demands
In today’s world, data scientists are in high demand. The USA, the leader of the data science market, needed 190 000 data scientists in 2018, and its requirement for data scientists is growing rapidly. By 2025, India will also be one of the countries demanding data scientists in a varied range of business sectors. As per an estimate, the Indian data science market would grow eightfold and reach to $16 billion cap by 2025.
2. Lots of data generation every day
You, people, generate a lot of data every day whether you use GPS to reach your destination or get your ordered products from an e-commerce app delivered at your doorstep. The use of GPS enables you to get optimised results. Imagine how a shopping app comes to recommendations of products to you if you keep using it.
3. Multi skills
Suppose that you want to be a data scientist. For this, you need to build skills in data science tools, statistics, knowledge of business acumen, sound communication, and good knowledge in quants. You need all these skills to break data down, look for patterns, analyze data, find different angles of approach, and get useful information.
4. Hottest job
The Harvard Business Review names Data Science as the hottest job of the 21st century. Most of business sectors praise data science for what it uncovers.
5. Very broad
It is hard for you to know everything in data science, as each company has a different approach to it. Sound knowledge in universally adopted and recognized technologies such as SQL database, Python coding, and Hadoop platform is needed to be a data scientist.
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IndiQa Analytics is actively engaged in enabling people gain the right skill set, and take up challenging roles in the field of data science. There are people who are looking for transition to the fascinating world of data science; IndiQa Analytics helps them by imparting the training keeping in view the fact that they may or may not be from Programming/Technical background. The courses are designed in such a manner that even non- programmers can enrol, and learn the concepts very easily. IndiQa Analytics offers customized data science training for corporate and educational institutions.
analysis of data