At its core, Data
science is the field of study of data. Its aims are to use a scientific
approach to extract meaningful insight from data. On the other hand, Machine
learning refers to a group of techniques that data scientists use to allow
computers to learn from data.
Nowadays many
companies use modern technologies such as Artificial intelligence, Machine
learning, Data Science, Big Data, Deep Learning and many more. The popularity
of these technologies is continuously rising. Many companies required
professionals in Data science and machine learning and these technologies are
high on demand for their business growth. and many job openings are there in
MNCs companies.
However, It seems
like there are so many misconceptions among people regarding these
technologies. This post will help you to get the exact figure of these two
technologies where you get to know the detailed information about it.
What is Data Science?
Data science is the
study of Data that involves the development of recording, storing and analyzing
data to extract the knowledge. It includes programming skills, Expertise in
Domain and mathematical & statistical knowledge to exact the meaningful
insight from data. The Data is used by Data Scientist to understand your
behavior and push you into retargeted advertisements and deal to get you to
purchase what you browsed. Data science is also related to Data mining and Big
data and it uses technologies such as machine learning and artificial
intelligence to extract meaningful information of data and predict future
patterns and behavior.
What is the Benefit of Data Science in Business?
- Reduce
the chances of Risk and Fraud. Data scientists are trained to identify the
data and create a statistical, network path and big data methodology to
predict the fraud propensity models and help in recognize the unusual
data.
- Data
science helps to deliver the right product at the right time and help
companies to develop new products to meet their customer’s need.
- The
ability for sales and marketing teams to understand their audience needs
and pushed them into retargeted advertisements. With this, they can create
the best possible customer experience.
- It
helps in decision making, By using of existing data, Data scientist create
models that simulate a variety of potential actions- In this way, an
organization can able to learn that which path will bring the best
business outcomes.
Skills required to become a Data Scientist
If anyone wants to
build a strong career in this field they have to gain critical skills in three
departments: Analytics, Programming and domain knowledge. The following skills
will help you to increase your level in Data Science.
- Knowledge
of advanced machine learning (Deep Learning)
- Strong
knowledge of Python, R, SQL Database.
- Understanding
of statistics and statistical programming
- Data-driven
problem solving
- Good
Hands-on knowledge of data visualization.
What is Machine learning?
Machine learning is
the aspect of artificial intelligence, mathematics & statistics that allow
the system to learn automatically. It is a group of techniques that data
scientists use to allow the computer to learn from data. It uses an algorithm
to set mathematical rules for data learning and it depends on the quality and
quantity of data sets for effectiveness. Machine learning great in solving
problems that are extremely labor-intensive for humans. It allows the system to
find the various type of hidden insight and make a prediction about complex
topics in an efficient way.
What is the Benefit of Machine learning in Business?
- Machine
learning algorithms help the business to take the correct decisions.
- Help
in the detection of spam
- Enhance
cybersecurity and network performance and helps in solving the big
cybersecurity issues and improve the organization’s security.
- It
analyzes the purchase history of customers and based on this it suggests
the products to the customer and enhance the company’s sale.
- Help
in eliminates manual data entry.
Skills required to become a Machine learning Expert
If you want to boost
up your career in Machine learning and want to become a machine learning expert
then there are following skills that will help you to increase your level in
machine learning.
- Expertise
in Computer science fundamentals.
- Depth
knowledge of programming skills
- Good
knowledge of probability and statistics
- Having
explicit knowledge of data modeling concepts.
- Software
engineering and system design
If you want to
explore detailed information about Data Science and Machine learning and want
to get a job in MNCs companies with a high salary package then join
“Nearlearn”.
Nearlearn is the top
leading Machine Learning training institute in Bangalore where you get classes
at affordable prices as compared to other institutes. We provide trainers
having 10+ years of industry experience in relevant skills. We trained our
students from basic level to a high level and give placements support in
various companies. Nearlearn provides both classroom training and online
training facility and trained our students on live projects. If you want to
take an in-depth knowledge of machine learning and data science then Nearlearn
is the best Institute.