Data Science Concepts & Applications S T A R T
S O M E T H I N G
G O O D
Data Science An interdisciplinary area of scientific techniques Similar to data mining uses processes, algorithms, and systems Extract insight information from data (structured or unstructured)
Basis of formation To solve data related problems Model big data for analysis towards understanding trends, patterns, behaviors and business performance Supports in decision making
Application areas Healthcare systems Finance Fraud and intrusion detection Manufacturing, engineering Market analysis, etc.
Concept Based on scientific computing techniques Encompasses machine learning, other analytics processes, business models Uses advanced mathematics and statistics to derive new information from big data A wide discipline which involves programming, understanding of business models, trends, and so on.
Approach Apply scientific methods in problemsolving using random data Identifies data requirements for a given problem Identify techniques to obtain desired results Provide value to organizations using data
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