https://www.regenesys.in/newsroom/news-details/data-science-education-in-the-present - PowerPoint PPT Presentation

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https://www.regenesys.in/newsroom/news-details/data-science-education-in-the-present

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With internet, Internet of Things (IoT), social media booming and majority of online transactions, we are living in an ocean of data. It is natural to ask that what value this data has? If it has some value then how do we extract that? More importantly how can one interpret and use the results for the benefit of the organization/business and of the consumer. – PowerPoint PPT presentation

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Title: https://www.regenesys.in/newsroom/news-details/data-science-education-in-the-present


1
Data Science Education in the Present
2
Outline
  • Motivation
  • What is Data Science?
  • Skill-set for Data Science
  • Data Science Education
  • Mathematics
  • Data Science Job Search Terms (2018)
  • Programming Languages
  • Domain Expertise
  • End Notes

3
Motivation
  • We are living in an ocean of data
  • Internet of Things (IoT)
  • Social media booming
  • Many online transactions
  • What value this data has?
  • How do we extract this value?
  • How can one interpret the results?
  • What benefit the results have?
  • for organization/business
  • for the consumer

4
What is Data Science?
  • Data Science is a field that gives an
    organization the muscle power to
  • process
  • analyze
  • derive insight
  • take effective decisions

5
What is Data Science?
  • Data Science became very popular after 2012.
  • Harvard Business Review called Data Science the
    most sought-after job of 21st century.
  • Jim Gray, an American computer scientist
  • Data Science a new paradigm of science
  • Data Science provides students an opportunity
  • to learn
  • meet the rising demands of the industry for this
    particular subject

6
Skill-set for Data Science
  • A successful Data Scientist needs a unique set of
  • analytical skills
  • technical understanding
  • business understanding
  • to effectively work on massive data sets
  • for actionable business insights
  • Data Science is an interdisciplinary field,
    primarily consists of
  • Mathematics
  • Computer Science
  • Domain Expertise
  • All these disciplines are important in Data
    Science work.
  • Optimal use of each of these disciplines has its
    own contribution for
  • an optimal
  • evolved Data Science product

7
Data Science Education
  • Data Science education has three main components
  • Mathematics
  • Programming Languages
  • Domain Expertise

8
Mathematics
  • Mathematics for Data Science mainly comprise of
  • Probability
  • Statistics
  • Multivariate Calculus
  • Linear Algebra
  • Discrete Mathematics
  • This knowledge of mathematics is the basis for
    Data Science stages.
  • Analysis
  • Statistical testing
  • Visualization
  • Machine Learning
  • Various skills are used as job search terms at
    job portals in 2018.

9
Data Science Job Search Terms (2018)
10
Programming Languages
  • Programming languages formal education (started
    in 1960s).
  • Different computer programming languages
  • R programming
  • Python
  • SAS
  • JAVA
  • MATLAB
  • SQL
  • NoSQL
  • Julia
  • Ruby
  • Scala
  • C
  • F
  • Most in demand programming languages for Data
    Scientists in 2018.

11
Programming languages (2018)
12
Domain Expertise
  • Domain Expertise is also very important in Data
    Science.
  • Experts claim that Domain Knowledge is more
    important than any best-sophisticated Machine
    Learning algorithm.
  • Data Scientist must understand the information
    that they are processing.
  • Domain Expertise plays a crucial part in
  • a good Feature Engineering
  • Model quality is a function of features that we
    use to train a Machine Learning algorithm.
  • Building models without domain knowledge
  • a risky task
  • result in a sub-optimal output of limited
    applicability

13
Acquiring Domain Knowledge
  • Finance
  • Education
  • Telecom
  • Healthcare
  • Retail
  • Bio-Informatics
  • Manufacturing Engineering
  • Acquiring Domain Knowledge
  • Data Science skill-sets should be flexible and
    transferable among domains.
  • To boost ones domain knowledge
  • Reading literature
  • attending presentation
  • Talking and asking questions to the domain
    experts

14
End Notes
  • Many institutes all over the world
  • started offering programmes in Data Science
  • At Regenesys we focus on
  • the quality of education
  • a strong emphasis on
  • the domain expertise
  • Feature Engineering
  • Programming skills
  • mathematical background
  • ample practice on the real-life data sets from
    various businesses
  • We are also emphasizing on the advanced topics in
    the Data Science.
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