Introduction to DATA SCIENCE for Beginners

Category: Education

Presentation Description

DATA SCIENCE is the most talked word now-a-days. This is the one of the most lucrative job for your career if you want to pursue. At ‘IQ Online Training’, we provide you with quality training from very experienced trainers. You can attend a demo session before joining which helps you to decide. You have the chance to decide your training timings. Here, we also provide you in * Job support, * Certification preparation, * Mostly asked Q & A for the interview etc.


Presentation Transcript

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Introduction to DATA SCIENCE for Beginners What is Data Science This is a wide area to discuss. To talk briefly: It is a process of extracting knowledge from data we have in various forms by the use of certain scientific methods algorithms and process. With the increase in data around the world the prominence of data science is also increasing.

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Some less known Facts  According to a recent survey the world will generate 50 times more data in 2020 than in 2011.  A Harvard Business Review called it as “the sexiest job of 21 st century”  95 of the tasks do not require deep learning. Work of Data Scientist

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Advantages  Data Science can help in fraud detection using advance machine learning algorithms and prevent many major monetary losses.  It helps human being take better and quicker decisions.  It drastically reduces the use of many reduces to few.  Recognizing its advantages it is also included in MBA curriculum. Challenges  Data acquisition  Information search and analysis  High volume of data  High velocity of processed data  Data security and analysis  High variety of information  High veracity of data Who can learn  Students with mathematics and statics disciplines as their specialized subject in graduation and post-graduation can think it as a career option  Those have an interest in data collection and analysis.  People who can do coding but don’t want to go deep into technicalities.  Those who can communicate well both verbally and visually.  Those who have knowledge of business domain may also pursue.  Above all those who want to pursue a lucrative job can go for it.

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Future Scope  With the increase in data the demand for Data Science is also increasing rapidly.  This increased the demand for Data Scientists.  Since the concerns in security and compliance fraud detection is increasing the scope for Data Scientist is also increasing.  Look at the Google trends since last 5 years for the search term Data Science. Image: Google trends from 2012-18 for Data Science

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