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Datascience

This document discusses the emergence of data science and how it helps industries. It defines data science as an interdisciplinary field that uses scientific methods and algorithms to extract insights from structured and unstructured data. A data scientist's role involves advanced training in statistics, math, and computer science, and experience with data visualization, mining, warehousing, and cloud computing. Data science provides benefits such as empowering better decision making, identifying opportunities and trends, and delivering personalized customer experiences through granular audience understanding.

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varsha
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100% found this document useful (2 votes)
85 views15 pages

Datascience

This document discusses the emergence of data science and how it helps industries. It defines data science as an interdisciplinary field that uses scientific methods and algorithms to extract insights from structured and unstructured data. A data scientist's role involves advanced training in statistics, math, and computer science, and experience with data visualization, mining, warehousing, and cloud computing. Data science provides benefits such as empowering better decision making, identifying opportunities and trends, and delivering personalized customer experiences through granular audience understanding.

Uploaded by

varsha
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
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You are on page 1/ 15

HOW DATA SCIENCE IS

EMERGING IN INDUSTRIES
AND HELPING
INDUSTRIALISTS

GUIDED BY: SUBMITTED


BY:VARSHA SUNIL KRISHNA
S7CS1,61
Index

1. Introduction.
2. What is data science?
3. What is data?
4.Architecture of Data science
5.What does a data scientist do? 
6. 8 ways a data scientist can add values to
a business. 
7.Advatages
8 Technologies used. 
9.Applications. 
10 Conclusion
Introduction

The term "data science" has appeared in various contexts over the past thirty years but did
not become an established term until recently. In an early usage, it was used as a substitute
for computer science by Peter Naur in 1960. Naur later introduced the term "datalogy”. In
1974, Naur published Concise Survey of Computer Methods, which freely used the term
data science in its survey of the contemporary data processing methods that are used in a
wide range of applications.

The modern definition of "data science" was first sketched during the second Japanese-
French statistics symposium organized at the University of Montpellier II (France) in 1992
What is Data science?

– It is an interdisplinary branch which uses scientific methods, statistical


solutions, process algorithms, from structured and unstructured data.
– It is also a field of big data, as we will be working on a very large amount
of data and insights from data.
– Data science or data driven science combines stat, programming and
science methodologies.
Data

– What is data?
Data can be qualitative or quantitative
– Qualitative data is descriptive information(it describes something)
Eg.,feedback
– Quantitative data is numerical information(numbers).
Architecture
What does a Data Scientist do
?

Most data scientists in the industry have


advanced and training in statistics, math, and
computer science. Their experience is a vast
horizon that also extends to data
visualization, data mining, and information
management. It is fairly common for them to
have previous experience in infrastructure
design, cloud computing, and data
warehousing.
8 Ways a Data Scientist Can Add
Value to Business

1. Empowering management and officers to


make better decisions
2. Directing actions based on trends—which in
turn help to define goals
3. Challenging the staff to adopt best practices
and focus on issues that matter.
4. Identifying opportunities
5. Decision making with quantifiable, data-driven
evidence.
6. Testing these decisions
7. Identification and refining of target audiences
8. Recruiting the right talent for the organization
Advantages
• Mitigating risk and fraud. Data scientists are trained to identify data that stands out
in some way. They create statistical, network, path, and big data methodologies for
predictive fraud propensity models and use those to create to alerts that help
ensure timely responses when unusual data is recognized.
• Delivering relevant products. One of the advantages of data science is that
organizations can find when and where their products sell best. This can help
deliver the right products at the right time—and can help companies develop new
products to meet their customers’ needs.
• Personalized customer experiences. One of the most buzz worthy benefits of data
science is the ability for sales and marketing teams to understand their audience on
a very granular level. With this knowledge, an organization can create the best
possible customer experiences.
Technologies used
1) Predictive Analytics
2) No SQL Databases
3) Knowledge Discovery Tools
4) Stream Analytics
5) In-memory Data Fabric
6) Distributed Storage
7) Data Virtualization
8) Data Integration
9) Data Preprocessing
10) Data Quality
Application

1.Internet Search
2.Recommender Systems
3.Speech Recognition 4.Airline Route Planning

5.Image Recognition
6.Gaming
7.Price Comparison Websites
8.Fraud and Risk Detection
Conclusion

• Data science can add value to any business who can use their data well.
• From statistics and insights across workflows and hiring new candidates, to helping
senior staff make better-informed decisions, data science is valuable to any company in
any industry.
References

1. Muller, M., Feinberg, M., George, T., Jackson, S. J., John, B. E., Kery , M. B., & Passi, S.
(2019). Human-Centered Study of Data Science Work Practices. Extended Abstracts of
the 2019 CHI Conference on Human Factors in Computing Systems - CHI EA ’19.
doi:10.1145/3290607.3299018 
2. Kross, S., & Guo , P. J. (2019). Practitioners Teaching Data Science in Industry and
Academia. Proceedings of the 2019 CHI Conference on Human Factors in Computing
Systems - CHI ’19

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