DATA SCIENCE – ROCKING THE IT INDUSTRY
WHAT IS DATA SCIENCE ?
Data science is the process of collecting , analyzing and interpreting the data from various sources to get meaningful information. It combines the field of mathematics , statistics and Artificial Intelligence. Example : Customer segmentation – It is the process of grouping the customers with similar interests.
LIFE CYCLE OF DATA SCIENCE
IDENTIFY THE PROBLEM – The first step is to understand and define the problem statement in order to provide a solution.
DATA COLLECTION – Data is collected from various sources which may be structured or unstructured.
DATA CLEANING AND PREPARATION – It involves processing and transforming the raw data.
EXPLORATORY DATA ANALYSIS – It provides deeper understanding of the data through statistics and visualization tools.
MODEL BUILDING AND DEPLOYMENT – Build a predictive model and evaluate its performance. Deployment is the process of using the model for practical applications.
MONITORING AND MAINTENANCE – Continuously tracking the model’s performance and updating it when required.
TYPES OF DATA SCIENCE JOB
- Data Scientist
- Data Analyst
- Data engineer
- Data Architect