What Is Data Science? Understanding In 200 Words

  • Posted on : October 25, 2019
  • Author : SPEC INDIA
  • Category : BI

What is Data ScienceData Science is the latest buzz word offering data a new meaning and a fresh lease of life.

Earlier referred to as ‘datalogy’, the ‘Data Science’ terminology has been made popular by DJ Patil and Jeff Hammerbacher.

Data Science is a perfect fusion of Machine Learning algorithms, Data Analysis models, Big Data, business domain knowledge and statistical methods, applied to a plethora of data, collected from disparate sources.

Sample data science applications are digital advertisements, internet search, image and speech recognition, price comparison, route planning and logistics.

Data Scientists

Data Scientists are in demand today because of the value addition they provide to product innovation, client understanding and revenue maximization. They need to be experts in Mathematics, Statistics and Computer science.

The primary role of Data Scientists is to develop prototypes with the help of machine learning algorithms and available data.

Why Is Data Science Vital?

  • Aligns measures based on trends, helps attain / alter business goals
  • Recognizes and perfects target audiences
  • Enhanced decision making based on insightful information
  • Being preemptive and foreseeing needs
  • Predicts failure rates, risk factors and possible hindrances

After all, Data is the new Science today and the future of AI.

Author: SPEC INDIA

SPEC INDIA, as your single stop IT partner has been successfully implementing a bouquet of diverse solutions and services all over the globe, proving its mettle as a boutique ISO 9001:2015 certified IT solutions organization. With efficient project management practices, international standards to comply, flexible engagement models and superior infrastructure, SPEC INDIA is a customer’s delight. Our skilled technical resources are apt at putting thoughts in a perspective by offering value-added reads for all.