Basis knowledge of Data science

Basis knowledge of Data science

What is Datascience??

Datascience Is the art and science of bringing meaning full insight from data.

Data can be in different format structure or unstructured and making useful insights from data to help bussiness to grow is Data Science 

Why Datascience is growing exponentially??
The main reason for the growth of data science

Data Availibility – Due to Internet penetration data are now available in abundance and hence it implies to data Availibility 

Data storage – Now a days penta bytes of data can be stored in cloud or in Hadoop cluster, storage are relatively much cheaper. 

Data processing-With invention in chip to process large large chunk of data processing of data has increased significantly and hence their is an increased demand in data science jobs as well to mange it properly. 

What are the pre requisite of Data Science??

MATH and Statistics 
Programming language 
Communication or Story telling. 

Some use cases in Data science Domain specific:

Retail – 
Customer segmentation 
Product recommendation 
Review Analysis of product
Market basket Analysis 

Network fault analysis 
Pricing of data tariffs

Health care 

Predicting from scan images 
Classification of disease with syntoms 

Automation in guests management 
Customer segmentation 
Room pricing 

Unmanned identification of crop infections 
Demand forecasting 
Pricing strategy

Cyber security 
Intrusion detention 

Stock Market prediction  

Data Science has touched each and every industry and is already making a big way for further research and development 

Jobs in Datascience :

Job market for datascience practitioners are in abundance. 
As every industry is moving forward for digital transformation, hence the job is set boom in the field of Data Science. 

According to latest glassdoor reviews, Datascience and Machine Learning is the highest paid job in US. 

India is already Horning for allround development, hence there will an abundance requirement of job to cater to the need of the people.

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