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Corporate-Color
Bachelor of Data Science
data-scientist

What is

DATA SCIENCE?

Data science is being hailed as the career of the future. The demand for data scientists is disrupting the job market. But what exactly is data science?

HERE’S A SNAPSHOT OF NEW DATA COLLECTED EVERY MINUTE

29 million
WhatsApp messages
4 million
Google search queries
3.3 million
Facebook posts
1.4 million
minutes of Skype voice calls
500,000
Applications downloaded
448,800
Twitter tweets
149,513
Emails sent
65,972
Instagram photos
20,000
Tumblr posts
500 hours
of YouTube videos uploaded
320+
Twitter accounts created
70+
Domains registered

Source: Smart Insights, Go-Gulf


That’s not all! The total amount of digital data created in the world is estimated to increase to 175 zettabytes by 2025 from approximately 40 zettabytes in 2019, according to IDC Data Age 2025. This is a staggering amount of data growth in today’s increasingly digital world. And data science is unlocking the power of this data to identify and solve complex problems and drive strategic business decisions that enhance performance.

WHAT DOES A

DATA SCIENTIST DO?

A Data Scientist identifies relevant questions, collects data from several sources, organises it, understands it, processes it, extracts value from it, translates the results into effective solutions and communicates it for beneficial outcomes.

 

Step 1

STEP 1

FRAME THE PROBLEM

  • Ask a lot of questions
Step 2

STEP 2

COLLECT RAW DATA

  • Identify all available data sets
  • Extract data into usable format
Step 3

STEP 3

PROCESS THE DATA

  • Examine data at a high-level
  • Clean the data
Step 4

STEP 4

EXPLORE THE DATA

  • Play around with the data
  • Identify patterns & extract features
Step 5

STEP 5

PERFORM IN-DEPTH ANALYSIS

  • Create a predictive model
  • Evaluate & refine model
Step 6

STEP 6

COMMUNICATE RESULTS

  • Identify business insights
  • Visualise your findings
  • Tell a clear & actionable story
drive-business-innovation

HOW CAN DATA SCIENCE

DRIVE BUSINESS INNOVATION?

Learning to harness the value of data can open up a world of infinite possibilities and help shape the future. Here are some examples of how leveraging data science can power business innovation and sustainability:

 

60%

estimated increase in retailers’ profit margin

 

USD 450 BILLION

can be saved in the US healthcare industry

 

USD 149 BILLION

can be saved by European government by improving operational efficiency

 

39 MILLION

gallons of fuel have been saved by UPS by optimising its fleet

 


Source: McKinsey & Company’s report 1, 2 & 3, UPS

HOW CAN YOU

BECOME A DATA SCIENTIST?

A Data Scientist needs to be curious to identify new trends, have an expertise in mathematics and technical skills to craft solutions, and business acumen to make strategic decisions based on data-driven results. SP Jain Global’s Bachelor of Data Science (BDS) is a 3-year undergraduate program that will enable you to develop a thorough understanding of Data Analysis, rapidly adapt to the changing role of Information Sciences and craft creative solutions to tackle the challenges that arise in modern business.

how-can-you-become-a-data-scientist