What Data Science Future Looks Like?
” Opportunities don’t happen you create them”
Data Science isn’t something new anymore. Data Science is the result of facts where the insights out of data and mathematical approach combined together to form an automatic solution for existing problems. Another important aspect of Data Science is whether Data Science is sufficient to provide enough opportunities for everyone.
Data Science for Future
Data Science has tremendous applications not just limited to one field. Its applications are distributed across various sectors. Let’s talk about few major future developments in Data Science:
- Automobile Industry: Automobile Industry saw a major shift within the last few years and still in the development stage. Self Driving cars, Autopilot flying cars, Fixed Destination Cabs, Automatic Public Transport, and various other applications.
These things are possible in the coming future. However, such developments require a large group of passionate people to not just build code but also think of, added advantages that Data Science can bring which earlier was not there. Hence Automobile Industry is a new powerhouse to jobs and opportunities in Data Science.
- IT: Most people confuse Data Science with IT and its services. But the fact is Data Science is pure mathematical capabilities combined with the wonders of Software Engineering to developing what we call today – Machine Learning. IT sector has shown enormous growth in the world’s GDP. However, when we talk about the IT sector as a whole Data Science is now becoming a key aspect of any successful data-driven company.
When we talk about whether introducing new changes to the website or existing app will bring new customers or will lose its customers. Then, Data Science becomes a very important part to identify what impact will new changes have. Data Science has various other applications in the IT sector, including Network Safety also.
- Healthcare: The biggest application or wonder of Data Science is in Healthcare. With the availability of large datasets of patients, we can use that to build a Data Science approach to identify the diseases at very early stages. Healthcare is one of the biggest sectors for providing opportunities for the professional who can use their medical expertise with Data Science and provide immediate help to the suffering patients. Healthcare provides various other opportunities as well by combining a Data Science approach to identify required organs and their availability in the region of the world.
- Army and Weapons: Every Nation has built stronger from a stronger army strength. It’s a wise man’s sayings that power isn’t something that should be used for making mankind slaves. It must be used to free mankind from any threats. Justifying the fact Data Science can help in building various automated solutions to identify any attack in a very early stage helping to stop the cause. Other than that Data Science can help in building automated weapons that will be smart enough to identify when to fire and when not to.
- Power and Energy: With the rapid growth in population the demand for energy has increased exponentially. That requires Nuclear Energy to be handled to such a level that without exhausting the existing Natural Resources we must be capable to provide energy demands fulfilled. Data Science can help in predicting the effects of Nuclear Power sources.
Data Science can predict the maximum safest potential. Data Science can help in building AI bots that can easily handle enormous power sources.
- Banking and Finance: When we talk about the security of our money we always think of the bank. But with the introduction of online transactions, fraud had increased as well. Banking and financial data along with security require stable systems to identify fraud activities before they can actually cause damage. Another aspect of Data Science in the Banking and Finance sector is managing the money effectively to have invested in the right places based on Data Science predictions for best results.
The biggest innovation of time is Cryptocurrency. With cryptocurrency in the market, the demands for managing data online have become a major challenge. Data Science offers various techniques to identify a similar group of people and providing them the best possible security from fraud activities as well.
Is Data Science a beginning or and end ?
When it comes to choosing right and wrong people often get confused about whether to take a step forward or not. In this confusion they lose the most precious thing- Time. So, to correct their myth that with enormous automatically driven Data Science solutions out in the market it will cost lots of layoffs. It is something which takes us back instead of taking us step ahead in the future.
With Data Science-based solutions we need regular maintenance. We need brains to identify the correct changes in the existing solutions for further betterment. Along with the opportunities Data Science might create. It brings us to another part that it can also ease our job by providing complete support. We can explore our Space and also can find out what the mystery of our universe is. So data science isn’t the end, it’s a beginning of a new era.
Most people argue that Data Science isn’t in a very stable position to bring up a new future. But have they ever thought about Deep Learning. Deep Learning is a very important part of Data Science. It brings the reality closer to the Virtual reality.
Let’s talk about the complex actions occurring in our brain.
For Example: If we talk about a man who always learns from his mistakes and tries not to do them again. That’s exactly how Deep Learning works. Your Machine Learning might make some mistakes, but Deep Learning helps in rectifying with time leading to something called a closeness to reality.
The significance of Deep Learning is exactly the same for any Data Scientist as the importance of the Logical Unit within our brains.
Data Science In Industry
At the current stage. Data Science has been already in action and to the levels from where we cannot think of taking a step backward. From searching your favorite series on Netflix and getting similar recommendations for getting similar advertisement for whatever you are looking for on the Internet.
Our world is driven by Data Science because in every single Google search we trigger a Data Science process. With the recommendations of what to buy based on other similar users to the recommendations based on products we bought in the past, we all are captured with the Data Science solutions.
Data Science is not just limited to IT but also its applications our presence in the Automatic Vehicles that are running in some places. Along with that Data Science bring completeness in Telecommunication sector as well. Nowadays we see most of the tickets being raised at regular intervals get solved immediately in a very minimal time. That’s how the Data Science helps in driving the world to the next levels.
We are already aware of the fact that the innovators are not the ones who see the shortcomings of something. They are the ones who see the future and try to adapt accordingly. With so much to explore Data Science brings a huge lot of opportunities in almost every sector, making not just a big bubble but also able to solidify the actions with the scope of future improvements.
Mathematics is the key to Data Science because only someone who understands the science behind the number can identify the future of what’s coming next. Hence, Data Science is not just for Data scientists but everyone who is ready to contribute in the future.
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