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CONTENTS

• INTRODUCTON
• DATA SCIENCE DEFINATION
• IMPORTANCE OF DATA SCIENCE IN BUSINESS
• APPLICATION OF DATA SCIENCE
• DATA SCIENCE VS MACHINE LEARNING
• DATA SCIENTISTS
• DATA SCIENCE SCOPE
• DATA SCIENCE SALARY TRENDS ACROSS JOB ROLES
• CONCLUSION
INTRODUCTION

• Data science is an inter-disciplinary field that uses scientific


methods processes algorithms and system to extract
knowledge and insights from many structural and unstructured
data
• Data science is a concept to unify statistics data analysis and
their related methods in order to understand and analyze
actual phenomena with data
• Data science is related to data mining, machine learning and
big data
DATA SCIENCE DEFINITION

• In simple data science is the process of using


data to find solutions or to predict outcomes for
a problem statement. 
IMPORTANCE OF DATA SCIENCE IN BUSINESS

Business intelligence for smarter decisions

Making better product

Managing business efficiently

Predictive analysis to predictive outcomes


leveraging data for business decision

Assessing business decision

automating recruiting process


APPLICATION OF DATA SCIENCE
▪ fraud and risk detection
▪ Health care
▪ internet search
▪ Targeted advertising
▪ website recommendation
▪ advanced image recognition
▪ speech recognition
▪ airline route planning
▪ Gaming
DATA SCIENCE VS MACHINE LEARNING

o Data science is a field about processes and system to extract data


from structured and semi-structured data. Where machine learning
is a field of study that gives computers the capability to learn without
being explicitly programmed .

o Data science need the entire analytics universe where machine


learning is combination of machine and data science.

o Data science branch that deal with data where machines utilizes
data science techniques like regression and supervised clustering.
o Data in data science maybe or maybe not evolved from a machine
or mechanical process where machine learning uses various
techniques like regression and supervised clustering.

o data science focuses on statistics and algorithms where machine


learning is only focused on software engineering and machine learning.
DATA SCIENTIST

• Data scientists are a new breed of analytical data


expert who have the technical skills to solve
complex problems and the curiosity to explore
what problems need to be solved

• A data scientists is a professional responsible for


collecting analyzing and interpreting extremely
large amount of data .
DATA SCIENCE SCOPE

There is big scope for data science in India .the profession


has been named the interactive job of 21st century. Being a
data scientists is on trending career option of the decade .
The demand for data scientists is huge the number is said to
be much higher than the available candidates.
DATA SCIENCE SALARY TRENDS
ACROSS JOB ROLES
CONCLUSION
• Data scientists today draw largely from extensions of the analyst of years
past trained in traditional disciplines .

• data science becomes an integral part of many industries and enriches


research and development there will be an increased demand for more
holistic and more nuanced data science roles .

• Data science program that strive to meet the needs for their students will
likely evolve to emphasize certain skills and capabilities . This will result in
programs that prepare different types of data scientists.

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