Introduction To Data Science and Big Data
Introduction To Data Science and Big Data
Introduction To Data Science and Big Data
Data science is used in to how the data can be made use in a manner
that helps in a better decision-making process and solve complex
problems more simply.
AI
Artificial intelligence is a technology using which we can create
intelligent systems that can simulate human intelligence
Machine Learning
Transport
Data Science also entered into the Transport field like Driverless Cars.
With the help of Driverless Cars, it is easy to reduce the number of
Accidents.
In Driverless Cars the training data is fed into the algorithm and with
the help of Data Science techniques, the Data is analyzed
E commerce -
E-Commerce Websites like Amazon, Flipkart, etc. uses data Science to
make a better user experience with personalized recommendations.
Banking
It is one of the biggest applications of Data Science , banks can
manage their resources efficiently, furthermore, banks can make
smarter decisions through fraud detection, management of customer
data, risk modeling, real-time predictive analytics, customer
segmentation, etc.
Manufacturing
– Optimizing production
– Reducing costs
– Boosting the profits
Data Explosion
The rapid increase in the amount of data that is generated and stored
in the computing systems, that reaches level where data management
becomes difficult, is called “Data Explosion”.
• Volume –
it refers to the amount of data that exists.
If the volume of data is large enough, it can be considered big data
• Velocity -
It refers to how quickly data is generated and how quickly that data
moves.
• Variety
refers to the diversity of data types.
An organization might obtain data from a number of different data
sources, which may vary in value. Data can come from sources in and
outside an enterprise as well
• Veracity
It refers to the quality and accuracy of data. Gathered data could have
missing pieces, may be inaccurate or may not be able to provide real,
valuable insight
• Value
This refers to the value that big data can provide, and it relates directly
to what organizations can do with that collected data.