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Data Science 101

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"173035871"&NewLine;&Tab;&Tab; data-section&equals;"1">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div>&NewLine;<p class&equals;"wp-block-paragraph"> Bingo&excl;&excl; We have found the perfect match for you&period; From finding a date on tinder to finding a pair of matching shoes to your Halloween costume just under 90 seconds&period; How does my computer know everything about me&quest;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">Ever wondered when you open your Netflix account it always knows what you would want to watch and have a separate section for you which says &OpenCurlyDoubleQuote;Netflix top picks for you”&period; No&comma; don’t worry your neighbor next door did not spy on you and sent your information to Netflix&period; That is where data science comes into the picture&period; In simpler terms&comma; it is the hidden patterns extracted from the raw data to explore&comma; predict and infer precise information from your customer&period; In earlier times&comma; there was a fixed set of a source through which all these big giants used to receive data in order to process and use it&period; As the web grew from dozens to million pages&comma; automation to store and process the huge amount of data quickly was required&period; Now when Hadoop and other frameworks have successfully solved the problem of storage&comma; the focus is transferred to the processing of data in order to provide detailed insights from large and complex data&period; The data which is generated from a number of channels such as surveys&comma; internet searches&comma; financial logs&comma; purchases&comma; sensors&comma; instruments&comma; and multimedia forms require advanced analytical tools and algorithms to draw meaningful insights out of it&period; &OpenCurlyDoubleQuote;Marketing without data is like driving with your eyes closed&period;”-Dan Zarella&period; Data science enables the organization to make evidence-based decisions to increase profitability and operational efficiency&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">Data science and Data Analysts have been the Buzzword&comma; you want to know why&quest; Did you know how much a data analyst is paid&quest; According to one of the reports published by PWC&comma; US average advertised annual salary for a data analyst is &dollar;77&comma;500-&dollar;118&comma;750&period; And it is predicted that by 2020&comma; there will be more than 2&period;7 million big data and analytics jobs open to qualified professionals&period; Just imagine a data analyst sitting In United States of America predict what a customer sitting in Australia is going to purchase next on Amazon and accordingly&comma; the company can recommend the product with a customized offer designed especially for him&sol;her in order to convert a prospective customer into a full-time customer or create one-to-one marketing campaigns&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">So metaphorically it is like given a box of LEGO&comma; you have different kinds of blocks &lpar;Structured data and unstructured data&rpar; and now it depends on you how you use your creativity and knowledge &lpar;Python&comma; R&comma; Spark&rpar; to make a beautiful Lego model which is definitely going to sell&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">&OpenCurlyDoubleQuote;Torture the data and it will confess to anything&period;” –Ronaldo Coase&period; Data can be in any form like text&comma; on paper&comma; or bytes stored in electronic memory&period; It is very difficult to process such a vast complex unstructured data&period; Therefore&comma; machine learning is incorporated in data learning which automates the data processing&period; It not only speeds up the process but also identifies the occurrence of a particular event in the future&period; After collecting and processing the information derived from this data&comma; analysts interpret&comma; convert and summarize the data for decision-makers to give companies an edge in the fierce industry&period; More and more data provides companies to make an informed business decision and that is why the future belongs to the data scientists&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">&num;leadingwithdata &num;data &num;netflix &num;hadoop &num;datamining &num;tinder &num;LEGO &num;BigData &num;datascience<&sol;p>&NewLine;

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