Regardless of which social media network you choose—Facebook, Instagram, Twitter, or any other—they all produce huge amounts of data in the form of text, videos & live streaming, etc. [2].
All sorts of record representations involve data and its presentation using various techniques, whether we're talking about IPL records or COVID-19 patient records.
Why Data Science?
Data is an essential element that requires careful examination to ensure an effective presentation.
Data science aids in data analysis are used to produce insightful business information.
In the realms of e-commerce, the automobile industry, healthcare, banking, power & energy, and all other areas that we know, data science integrates tools, methods, and technology to create meaning from data.
Future of Data Science:
Data science is used in business to uncover previously unidentified transformational patterns, develop new products and services, perform real-time optimization, and comprehend client needs through feedback and evaluations.
Data science, therefore, has a bright future in both India and other nations.
According to a report released in November 2021 by The Economics Times, "By 2026, 11.5 million new data science positions will be available worldwide” [1][2].
The market for data analytics was calculated to be worth $24.63 billion in 2021 and is expected to expand by 25% between 2021 to 2030 [1].
According to a Fortune Business Insight article, significant research has been done on various aspects of data analytics to predict its growth by 2030.
The healthcare industry produced a lot of data during the COVID-19 period, and with the aid of data analytics, it was simple to represent this data in various formats and make future projections [2].
What makes data science engineering appealing?
In the IT industry, data science is the most attractive and in-demand career path.
A data scientist assists in the analysis of huge amounts of unstructured data to identify trends and patterns, develops prediction models, presents information using data visualization tools, and proposes approaches to business problems that benefit businesses.
To make a prominent carrier in Computer Science & Engineering field, students can choose to be Data Science Engineers (Data Scientists) by enrolling in a 4 year - Bachelor of Technology (B.Tech.) degree program at the Dr. D. Y. Patil School of Science & Technology, Tathwade, Pune.
References:
- https://hr.economictimes.indiatimes.com/news/industry/11-5-million-data-science-jobs-will-be-created-globally-by-2026-report/87800256
- https://www.fortunebusinessinsights.com/big-data-analytics-market-106179