What is Data Science and What’s the future like for Data Scientists?
What is data science?
Data science is the study of data to extract meaningful insigns for business. It is a multidisciplinary approach that combines principles and practices from the fields of math, statistics, artificial intelligence and computer engineering to analyze large amounts of data.
This type of analysis helps data scientists to ask and answer questions like
- What happened
- Why it happened
- What will happen
- What can be done with the results
Why is data science important?
Data science is important because it combines tools, methods and technology to generate meaning from data. Online systems and payment portals capture more data in the fields of e-commerce, medicine, finance, and every other aspect of human life. We have text, audio, video and image data available in vast quantities.
Future of data science
AI and machine learning innovations have made data processing faster and more efficient. Industry demand has created an ecosystem of courses, degrees and job positions within the field of data science. Because of the cross-functional skillset and…
