Data Science — What Is It & Why Should You Care?

Understanding the need for Data Science & Machine Learning and why it’s the future

Data is the new oil

Data mining using data science is the new skill in demand

You probably already know about its application in the invention of driverless cars, Netflix movie recommendations, and Amazon store upsells. However, data science is much bigger than that.

You will find data science applied in every industry in the 21st century. For instance, you will find it in the automobile industry which enables techs to predict the failure of equipment and machines (this is called Predictive Maintenance).

Or the banking industry, which is interested in using machine learning to prevent fraud and keep your transactions safe.

Or in healthcare, where data science and machine learning help doctors predict the onset of a disease so that the healthcare provider can build a treatment plan even before the patient shows the first symptoms.

Seagate, one of the top data companies in the world, did a study called The Digitization of the World.

A global community will produce 175 ZB’s of unstructured data by 2025

Unstructured data is in the form of images, text, etc. This data is produced by all of us, across different industries every time we interact with the systems of these industries.

Read the whitepaper here.

Data Science & Machine Learning will transform industries

Using data science and machine learning allows companies to make faster decisions.
It can develop insights that are beyond human capabilities based on the patterns derived by Big Data.

This allows us to act at the right time and take advantage of opportunities, converting them into closed deals.