Unit 1 Introduction to DATA SCIENCE .pptx
- 3. Jens Martensson What is Data Science The study of data to extract meaningful insights for business. Data Science is a multidisciplinary field that uses scientific methods, processes, algorithms, and systems to extract knowledge and insights from structured and unstructured data. It combines aspects of mathematics, statistics, computer science, and domain knowledge to interpret data for decision-making and problem- solving. 3
- 4. Jens Martensson Importance of Data Science Data science is important because it combines tools, methods, and technology to generate meaning from data 1 2 3 4 5 6 4
- 5. Jens Martensson Comparison 5 1.Structured data – Structured data is data whose elements are addressable for effective analysis. It has been organized into a formatted repository that is typically a database. It concerns all data which can be stored in database SQL in a table with rows and columns. They have relational keys and can easily be mapped into pre-designed fields. Today, those data are most processed in the development and simplest way to manage information. Example: Relational data. 2.Semi-Structured data – Semi-structured data is information that does not reside in a relational database but that has some organizational properties that make it easier to analyze. With some processes, you can store them in the relation database (it could be very hard for some kind of semi-structured data), but Semi-structured exist to ease space. Example: XML data. 3.Unstructured data – Unstructured data is a data which is not organized in a predefined manner or does not have a predefined data model, thus it is not a good fit for a mainstream relational database. So for Unstructured data, there are alternative platforms for storing and managing, it is increasingly prevalent in IT systems and is used by organizations in a variety of business intelligence and analytics applications. Example: Word, PDF, Text, Media logs.
- 7. Jens Martensson 7 Big Data : The definition of big data is data that contains greater variety, arriving in increasing volumes and with more velocity. Big data is a term that describes large, hard-to-manage volumes of data – both structured and unstructured – that inundate businesses on a day-to-day basis. But it's not just the type or amount of data that's important, it's what organisations do with the data that matters. Big Data Examples to Know Transportation: assist in GPS navigation, traffic and weather alerts Big data examples: Tracking consumer behavior and shopping habits to deliver hyper-personalized retail product recommendations tailored to individual customers. Monitoring payment patterns and analyzing them against historical customer activity to detect fraud in real time.
- 10. Jens Martensson 10 Why is big data needed in current scenario? Large data sets are meant to be comprehensive and encompass as much information as the organization needs to make better decisions. Big data insights let business leaders quickly make data-driven decisions that impact their organizations. Better customer and market insights.
- 15. Jens Martensson 15 Role of Data Scientist : A data scientist is a tech professional that collects, analyzes, and interprets vast amounts of data using analytical, statistical, and programming skills. They are responsible for mining valuable information from various sources and transforming it into actionable insights that can drive business growth.
- 16. Thank You