The Relationship Between eLearning and Data Science So, for the past few weeks, I've been unlearning and relearning something I thought I'd forgotten about in my professional career: coding. I'm taking a data science course and jotted down some thoughts while studying.
Introduction If anything has recently captured the public imagination, it is Data Science. It is being marketed as the hottest and most profitable field. You can no longer dismiss it as a fad for advanced analytical software. Data Science will alter an organization's customer base, expansion plans, engineering and manufacturing processes, supplier-vendor interactions, etc. Data Science is a synthesis of cutting-edge business and technology trends that promise a brighter future through open source software and cross-organizational collaboration.
Business Intelligence and Data Science Before we go any further, what exactly is data science? The extraction of knowledge from large volumes of structured or unstructured data is known as data science. It builds on the fields of data mining and predictive analysis. Data Science is the art of transforming data into actions by creating data products that provide actionable information. Examples include automated movie recommendations, weather forecasts, targeted advertising, etc. You may wonder if we haven't done all this with business intelligence and an Excel spreadsheet. However, simply renaming your BI team the Data Science team will not suffice. Data science requires extracting timely, actionable information from various data sources to develop data products. Data Science is a natural progression of BI functionality that encourages the transition from hypothesis-based (deductive) to pattern-based (inductive) reasoning. Furthermore, the Data Science course provides a different perspective than BI capabilities. However, BI and Data Science are complementary and should be treated as such. Check out the Business Analytics course in Mumbai to learn more about Business Intelligence and BI tools.
Data Science Group The right people are a critical component of any organization. A diverse set of skills is required for effective Data Science performance: