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“The Sexiest Job of the
21st Century”
By:
Harvard Business Review
Question
How many bikes I need to order
if there is a petrol hike in India?
What are the possible ways, processes, technology or
solution that can help us to get the solution ………..
By 2020, more than
80 % of the data will
be unstructured
We can have the
following ways to use or
apply for getting our
solution……..
Data Analytics
Business intelligence
Artifical intelegence
Big data
Macine learning
Data Engineering etc..
Data Science is the future of Artificial Intelligence.
WHAT ID DATA SCIENCE?
Data science is a "concept to unify statistics, data analysis, machine
learning and their related methods" in order to "understand and
analyze actual phenomena" with data.
It employs techniques and theories drawn from many fields within
the context of mathematics, statistics, information science,
and computer science.
[
How it is Different?
 How is this different from what statisticians
have been doing for years?
 The answer lies in the difference
between explaining and predicting.
“Data Scientist is better at statistics than any software engineer and better
at software engineering than any statistician.”
― Josh Wills, Director of Data Engineering at Slack
Predictive causal analytics
Prescriptive analytics
ML for making predictions
Power of Data
Science(Netflix)
“Data science is everywhere”
Price Comparison
Websites
Airline Route Planning
Delivery logistics
Digital Advertisements
(Targeted Advertising and
re-targeting)
Self Driving Cars
Many more……….
How data science work ?
1.Understand the problem
2.Collect enough data
3.Procees the raw data
4.Explore the data
5.Analyse the data
6.Communicate the result
Live example….. 1.Collect the patient past history(Plasma glucose
concentration, Blood pressure, Body mass
index, Age, Number of times pregnant,
Diabetes pedigree function)
2. we need to clean and prepare the
data(Structured data)
3.Model planning:-Do some analysis.
4.Model Building:- the best fit for this kind of
problem is the decision tree
5.Operations:-we will run a small pilot project to
check if our results are appropriate
6.Communicate:-
Once we have executed the project successfully,
share the output for full deployment.
What is data science – the requisite
skill set
Data science is a blend of skills in three major areas:
1. Mathematics Expertise.
2. Technology Hacking skills.
3. Business/Strategy Acumen.
Good at statistics and mathematics to analyze and visualize data.
Machine Learning forms the heart of Data Science and requires you to be good at it.
Solid understanding of the domain you are working in to understand the business problems clearly.
Capable of implementing various algorithms which require good coding skills.
Able to deliver decisions to the stakeholders. So, good communication must be needed.
Various
tools for
Data
Science
Scope/Future &
Needs
 A report by McKinsey predicts “by
2020, there will be 40,000
exabytes of data collected.
Someone has to do something
with that data.”
 Attractive Package – Data
scientists have become one of
the hottest commodities around
the industries.
 It is predicted that by the end of
the year 2018, there will be a
need of around one million Data
Scientists
 Combination of knowledge and
money
Top Data Science
Companies
 Google
 Amazon
 Visa
 Facebook
 Apple
 IBM
 Netflix
SO,
Get ready for
the “Sexiest
Job of 21st
Century”

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Data Science

  • 1. “The Sexiest Job of the 21st Century” By: Harvard Business Review
  • 2. Question How many bikes I need to order if there is a petrol hike in India? What are the possible ways, processes, technology or solution that can help us to get the solution ……….. By 2020, more than 80 % of the data will be unstructured
  • 3. We can have the following ways to use or apply for getting our solution…….. Data Analytics Business intelligence Artifical intelegence Big data Macine learning Data Engineering etc..
  • 4. Data Science is the future of Artificial Intelligence.
  • 5. WHAT ID DATA SCIENCE? Data science is a "concept to unify statistics, data analysis, machine learning and their related methods" in order to "understand and analyze actual phenomena" with data. It employs techniques and theories drawn from many fields within the context of mathematics, statistics, information science, and computer science. [
  • 6. How it is Different?  How is this different from what statisticians have been doing for years?  The answer lies in the difference between explaining and predicting. “Data Scientist is better at statistics than any software engineer and better at software engineering than any statistician.” ― Josh Wills, Director of Data Engineering at Slack Predictive causal analytics Prescriptive analytics ML for making predictions
  • 7.
  • 9. “Data science is everywhere” Price Comparison Websites Airline Route Planning Delivery logistics Digital Advertisements (Targeted Advertising and re-targeting) Self Driving Cars Many more……….
  • 10. How data science work ? 1.Understand the problem 2.Collect enough data 3.Procees the raw data 4.Explore the data 5.Analyse the data 6.Communicate the result
  • 11. Live example….. 1.Collect the patient past history(Plasma glucose concentration, Blood pressure, Body mass index, Age, Number of times pregnant, Diabetes pedigree function) 2. we need to clean and prepare the data(Structured data) 3.Model planning:-Do some analysis. 4.Model Building:- the best fit for this kind of problem is the decision tree 5.Operations:-we will run a small pilot project to check if our results are appropriate 6.Communicate:- Once we have executed the project successfully, share the output for full deployment.
  • 12. What is data science – the requisite skill set Data science is a blend of skills in three major areas: 1. Mathematics Expertise. 2. Technology Hacking skills. 3. Business/Strategy Acumen. Good at statistics and mathematics to analyze and visualize data. Machine Learning forms the heart of Data Science and requires you to be good at it. Solid understanding of the domain you are working in to understand the business problems clearly. Capable of implementing various algorithms which require good coding skills. Able to deliver decisions to the stakeholders. So, good communication must be needed.
  • 14. Scope/Future & Needs  A report by McKinsey predicts “by 2020, there will be 40,000 exabytes of data collected. Someone has to do something with that data.”  Attractive Package – Data scientists have become one of the hottest commodities around the industries.  It is predicted that by the end of the year 2018, there will be a need of around one million Data Scientists  Combination of knowledge and money
  • 15. Top Data Science Companies  Google  Amazon  Visa  Facebook  Apple  IBM  Netflix
  • 16. SO, Get ready for the “Sexiest Job of 21st Century”