Increasing Importance of Data Scientists? |
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Increasing Importance of Data Scientists? |
Jul 12 2019, 10:58 AM
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#1
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Member Csoport: Members Hozzászólások: 16 Csatlakozott: 3-May 19 Azonosító: 1,060 |
Increasing Importance of Data Scientists?
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Jul 12 2019, 11:00 AM
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#2
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Newbie Csoport: Members Hozzászólások: 5 Csatlakozott: 10-July 19 Azonosító: 1,081 |
Sean Rad once said that data beats emotions, and how well have we seen this happen in the material world around us. Numbers rule our senses, from stock exchanges to cricket scores. It is the efficient and intelligent analysis of these numbers that turns these digits into meaningful statistics. Turning mere numbers into learnings through data science is what the Harvard Business Review calls the “SEXIEST JOBS OF THE CENTURY.” Data science has been interpreted subjectively by many thinkers. Many proponents have argued that data science is not only a collection of figures; rather it serves as an art of deriving meaning from the raw figures in a manner that gives life to gather precise prediction. Data scientists have been working closely with statisticians to add more theoretic objectivity to a subject which has evolved mostly in the contemporary twenty-first century. Data science training has been one of the most attractive options for firms and job seekers reflecting on the rising growth of the importance given to maneuver figures to suit the desired narrative. It begins with data acquisition followed by various experimentations and evaluations. Machine learning also plays a major role in the analysis undertaken on data, which is assisted by various algorithms. Moreover, a stage of predictive analysis starts. Finally, the roles of data scientists are discussed where the responsibilities accompanying the work are looked upon. The fact that acquiring the skills to accomplish data sciences does not need heavy prerequisites makes it attractive for many individuals. Playing with data fits well with efficient students of mathematics. The individual is expected to have good knowledge of data statistics and visualizing and reporting tools. Program languages like Python help the workings of a data scientist. A data scientist is expected to deal effectively with peculiar problems by proper understanding of the problem, and develop alternatives through efficient use of data. They are required to get a firm grip on the problems by collecting enough data. Further, they must process the raw data into usable forms. They explore the data to find the obvious visible trends and correlations. The most crucial part in the data sciences come when data is analyzed using a series of machine learning and known mathematical operations like probability. Lastly, they communicate the findings to the right stakeholders who act on these recognized issues. Growth of business and economic affairs throughout the world have together led to an environment, pushing for more availability of data scientists to find solutions to unprecedented issues. IBM predicts growth of data science jobs at over 20% per year in the US alone, resulting in over 2.7 million jobs in this field. In countries like India, tech giants like Microsoft and Amazon offer attractive jobs to sufferers of vicious cycles of poverty. India is expected to compete with countries like China and America in establishing itself as a center for data-centric jobs, keeping in mind the astonishing boost it is seeing in its software exports. Enroll in a data science course Malaysia course offered by the best data science training institute and become the expert you always wanted to be. |
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Aug 20 2019, 02:26 PM
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#3
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Newbie Csoport: Members Hozzászólások: 3 Csatlakozott: 14-August 19 Azonosító: 1,093 |
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Guest_Guest_athena_*_* |
Jun 10 2024, 03:52 PM
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Szöveges verzió | A pontos idő: 17th September 2024 - 07:40 PM |