Exploring the fine line between Data Science & Data Analytics

 Data is being generated all over the world at an ever increasing rate. In last two years alone, the astounding 90% of world’s data has been generated, and it is continuing to do so as we speak. But a substantial proportion of that data remains raw and unprocessed. Due to this reason there is a significant requirement in the field of data science and data analytics. However, very often these terms are perceived interchangeably. In this post I will elucidate the rudimentary differences between these different and yet interrelated terms.

 

 

 

 

 

 

 

Data Science

Data science exploits Artificial Intelligence to make sense from historical data and detect patterns in the data. The role of a data scientist involves additional responsibilities, such as- decide which ML algorithm to use based on the statistical analysis, deployment of the model and even optimization of the model, and this is where data science differs from data analytics. Data science is a stream that requires multidisciplinary expertise in various domains such as knowledge of statistics, mathematics, business and most importantly programming skills in order to extrapolate relevant information from data.  This field primarily focuses on unraveling answers to unknown questions Data science can also be interpreted as more of a tech field of data management. A data scientist basically assesses the unknown by asking questions, creating algorithms, building statistical models, and deploying models. A data scientist can be assumed to be qualified enough to carry out tasks of a data analyst (for instance- statistical analysis, visualization etc).

Tools used by data Scientists:

Python, R

Tableau

NLTK

Matplotlib

Scikit-learn

 Tensorflow

 

 

 

 

 

 

 

 

 

Data analytics

Data analytics is a sub-part of data science. It basically aims to utilize data in order to gain meaningful insights from data sets. Data analytics can also be interpreted as the exploration of data. It involves analysis of available data sets using various tools. The primary duties of a data analyst involve statistical analysis of data and Visualization. Some of the widely used data analytics tools for visualization of data are- Tableau, Power BI etc.  Data analytics is essentially based on generating results that can immediately lead to improvements.

Data analytics also involves a variety of different branches of wider statistics and analysis of data that help to integrate various data sources and find connections while simplifying the outcomes.

Regardless of their variations, both data science and data analytics are essential components of the future of data. Both of these technologies are being embraced by companies that aim to incorporate technological change which would help them to gain a better understanding of how their organizations run.

 

 

 

 

                    

 

Data Science

     Data Analytics

Approach

Broad approach

Focused approach

Scope

Macro

             Micro

Aim

Aims to ask questions

Aims to find actionable data

Use of big data

Yes

Yes

 

Uses a multi-layered approach to provide data

Collects, cleanses, and communicates data

Major Fields

Machine learning, AI, search  engine engineering, corporate analytics

Healthcare, gaming, travel, industries with immediate data needs.

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Ashpreet Kaur - Jul 2, 2021

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