Blog | Data Science and Technology

Let's go back to 18th century ,when development was taking its first footstep.The time when oil was considered to be the subset of industrial revolution. Oil than tends to be the most valuable asset in those time. Now let's come back in present. In 21st century, data is vigorously called the foundation of information revolution. But the question that arises is why are we really calling data as the new oil. Well for it's explanation Now we are going to compare Data Vs Oil Data is an essential resource that powers the information economy in much the way that oil has fueled the industrial economy. Once upon a time, the wealthiest were those with most natural resources, now it’s knowledge economy, where the more you know is proportional to more data that you have. Information can be extracted from data just as energy can be extracted from oil. Traditional Oil powered the transportation era, in the same way that Data as the new oil is also powering the emerging transportation op...

It is rightly said that Data Scientists would be shaping the future of the businesses in the years to come. And trust me they are already on their path to do so. Over the years, data is constantly being generated and collected as well. Now, the field of data sciences has put this humongous pile of data to good use. Now, data can be collected, processed, analyzed and converted into a highly useful piece of information that would benefit the businesses with better and well-informed decision-making capability. "Data is a Precious Thing and will Last Longer than the Systems themselves." Also, Vinod Khosla, an American Billionaire Businessman and Co-founder of Sun Microsystems declared – "In the next 10 years, Data Science and Software will do more for Medicines than all of the Biological Sciences together." By the above two statements, it is clear that data proliferation will never end and because of that, the use of data related technologies like Data Science and Big D...

The knowledge of this essential math is particularly important for newcomers arriving at data science from other professions, Specially whosoever wanted to transit their career in to Data Science field (Aspirant). Because mathematics is backbone of Data science , you must have knowledge to deal with data, behind any algorithm mathematics plays an important role. Here am going to iclude some of the topics which is Important if you dont have maths background.  1. Statistics and Probability 2. Calculus (Multivariable) 3. Linear Algebra 4.  Methods for Optimization 5. Numerical Analysis 1. Statistics and Probability Statistics and Probability is used for visualization of features, data preprocessing, feature transformation, data imputation, dimensionality reduction, feature engineering, model evaluation, etc. Here are the topics you need to be familiar with: Mean, Median, Mode, Standard deviation/variance, Correlation coefficient and the covariance matrix, Probability distribution...

Generally we think of data scientists building algorithms,exploring data and doing predictive analysis. That's actually not what they spend most of their time doing however , we can see in the in the graph most of the time Data scientist are involved in data cleaning part , as in real world scenario we are mostly getting the data which is messey, we can feed the data after cleaning , ML model will not work if the data is messey, Data cleaning is very very important so mostly data analyst and data scientists are involved in this task. 60 percent: Cleaning and organising Data According to a study, which surveyed 16,000 data professionals across the world, the challenge of dirty data is the biggest roadblock for a data scientist. Often data scientists spend a considerable time formatting, cleaning, and sometimes sampling the data, which will consume a majority of their time.Hence, a data scientist, the need for you to ensure that you have access to clean and structured data can save y...

Artificial Intelligence has grown exponentially in the past decade, and so have the career opportunities as an AI expert/specialist. But what exactly does an AI expert do? Also, is becoming an expert the only option while pursuing a career in artificial intelligence?I don’t have any programming/ coding background. Can I still work as an AI expert? And, what specialization or skill set do I need to acquire to get into this field? Skills Required to Build a Career in Artificial Intelligence 1. Sound Mathematical and Algorithmic Understanding To be an ideal candidate in AI, you need to have solid knowledge of applied mathematics and a set of algorithms. Having proficiency in problem-solving and analytical abilities will help you in performing tasks in a more efficient way. You must also have reasonable knowledge of statistics and probability. This helps in understanding various models of AI, like Naive Bayes, Gaussian Mixture Model, etc. 2. Basic Know-How of Programmin...

In Data Science interviews, one of the frequently asked questions is ‘What is P-Value?”. According to American Statistical Association, “A p-value is the probability under a specified statistical model that a statistical summary of the data (e.g., the sample mean difference between two compared groups) would be equal to or more extreme than its observed value.”  That’s hard to grasp, yes? Alright, lets understand what really is p value in small meaningful pieces to make it very clear. When and how is p-value used? To understand p-value, you need to understand some background and context behind it. So, let’s start with the basics. p-values are often reported whenever you perform a statistical significance test (like t-test, chi-square test etc). These tests typically return a computed test statistic and the associated p-value. This reported value is used to establish the statistical significance of the relationships being tested. So, whenever you see a p-valu...

Myth about Data Science - A must know for all Data Science enthusiast 1. Only Coder /Programmer can only become a Data Science No, its not correct. People who is having Basic Programming skills like Python/R or atleast who can learn basic programming can come in to this field.Here i wanted to suggest people who is having Engineering background /Software they can choose Python as a programming and The person who wanted to transit their career in to data science field but coming from non Engineering background like Arts,Commerce,Science they can prefer R as a Programming language . Here am not saying for non technical background can not learn python , its bit difficult to understand the basic and algorithm but if they are ready to learn no issues, they can take any of these either Python or R., I have Mentioned while choosing any of these which one is good according to me in another article i.e python, you can refer my article to get better understanding. 2. Data Scientist are ma...