Data science is the new big thing for big brands: Get insights on data science in a JIFFY
Thinking of it as a new fad? NO. Data science is not a fad. In fact, data science as a profession is popular, successful, and also the profession is maturing like anything. To calm your curiosity down read below.
If the local Kirana stores(or General stores in sophisticated language) are keen to upgrade their technology and want to enter into organized sector then we can definitely say that there is a wave of modernization. All this is possible because of Data Science and of course the Ambani’s.
Data science is nothing but the art of collecting the data from various sources, storing it into a structured manner and using the organized data to predict the demands, trends and helps the business to achieve its goal(in short, profit.. :P)
From Amazon to Zoom-car(I mean from A to Z, sorry Amazon :P) all the companies understand the importance of Data science. They try to understand the market demand, trends, and gel with the customer’s expectations- taste and preferences.
Since the beginning of the 21st century, Claude (The father of Data Science) has helped us revolutionize the way we store and use data.
I was reading an article in which it states that ‘Data is to products what electricity is to household gadgets’. This line hit me hard and it explains the gist of Data science in a jiffy.
So, if you want to make crucial decisions and get meaningful insights, if you want to understand your business trend and help it move in the right direction, you should definitely consult a data scientist or..or.. (you can be one amongst them..shh!). One also has to keep this in mind that analysis and management of data are important but having the expertise in the business and understanding of the industry is very important too. Because ultimately the main aim of any business is to generate profit.
Applications of data science(So that you can judge them for using you and your data{Habits}) -
- Image Recognition- Paytm Karo .. If you wish to purchase a watch, which is not promoted on the home page, once you started looking, in real time, it will pick up your request and kind of put together a promotion for you,” This application helps to identify places, logos, people, objects, buildings, and several other variables in images.
Interested much? Evaluate the Pros and Cons of Data Science- Why Choose Data Science for Your Career.
2. Speech Recognition- Hey! Siri or Alexa! With the help of Neural network, the sound waves can listen to your hello with accuracy. So the next time you will not have a thumb pain( but, I can’t guarantee on the mouth ache).
3. Digital Advertisement- Amazon Great Indian Sale starts January 20: Get discounts on…Not all of us are impulsive buyers( I am), but the marketers are smart peeps. Showing your product search to you in different applications at different times makes you one. They are stubborn a!
Also, don’t forget to check out Myntra End of Season Sale — Flat 80% Off On Top Brands. :D
4. Recommender system- Have you ever thought of the reason you like to binge watch the that Netflix or Hotstar series? It’s not you, it’s them. Yes! You heard me right. As soon as you start watching a show or window shopping for that matter, the next related thing that you might like comes in front of your eye. How much will you run from Data Science?
You can also check out Data Science at Netflix to get a proper understanding of the recommendation system.
Want to come close to Data Science and take revenge?
Learn these Languages to get a Good hold on Data Science and take revenge ofc!
You can also earn a lot of number by understanding these numbers. The Average Salary Range for Data Scientist is Rs. 616,542(Yearly Data Scientist Salary). Isn’t it cool? Now it is time for you to get your first data scientist job and earn a good salary.
P.S: The first image was not taken from Google.
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Related Topics —
- Why you should Learn Data Science?
- What is the Purpose of Data Science? Know Its Importance
- Data Science Prerequisites — Top Skills Every Data Scientist Need to Have
Happy Learning! :)
