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Data science combines math, statistics, programming, advanced analytics, AI and machine learning to uncover insights hidden in an organization's data. These insights can guide decision making and strategic planning. The accelerating volume of data sources and data has made data science one of the fastest growing fields. Organizations increasingly rely on data scientists to interpret data and provide recommendations to improve business outcomes. A typical data science project involves collecting raw structured and unstructured data from various sources, preprocessing and analyzing the data, and generating insights and recommendations.

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Suhas Mahakalkar
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17 views

Comp 1

Data science combines math, statistics, programming, advanced analytics, AI and machine learning to uncover insights hidden in an organization's data. These insights can guide decision making and strategic planning. The accelerating volume of data sources and data has made data science one of the fastest growing fields. Organizations increasingly rely on data scientists to interpret data and provide recommendations to improve business outcomes. A typical data science project involves collecting raw structured and unstructured data from various sources, preprocessing and analyzing the data, and generating insights and recommendations.

Uploaded by

Suhas Mahakalkar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as TXT, PDF, TXT or read online on Scribd
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Data science combines math and statistics, specialized programming, advanced

analytics, artificial intelligence (AI), and machine learning with specific subject
matter expertise to uncover actionable insights hidden in an organization’s data.
These insights can be used to guide decision making and strategic planning.

The accelerating volume of data sources, and subsequently data, has made data
science is one of the fastest growing field across every industry. As a result, it
is no surprise that the role of the data scientist was dubbed the “sexiest job of
the 21st century” by Harvard Business Review (link resides outside of IBM).
Organizations are increasingly reliant on them to interpret data and provide
actionable recommendations to improve business outcomes.

The data science lifecycle involves various roles, tools, and processes, which
enables analysts to glean actionable insights. Typically, a data science project
undergoes the following stages:

Data ingestion: The lifecycle begins with the data collection--both raw structured
and unstructured data from all relevant sources using a variety of methods. These
methods can include manual entry, web scraping, and real-time streaming data from
systems and devices. Data sources can include structured data, such as customer
data, along with unstructured data like log files, video, audio, pictures, the
Internet of Things (IoT), social media, and more.

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