We now know the importance of data science in the current world. For being a data scientist one needs to be good at algorithms and solving complex problems. For writing algorithms in solving problems one has to be good at programming. There are various high level programming languages that one can start with in order to be a data scientist. But it is recommended that one must start with Python as basic language as it is easy to learn and one can master it within a few days and get better hold of the basics of programming. Then, as you get better at programming in Python you can start with R language which is the most important language for data science. R language is relatively easy to learn and master. Data scientists are in huge demand because data science also has a great scope in business firms. In this article we will see how data science can benefit various business firms and help them flourish in their respective fields.
Making better decisions
A data scientist can make a business firm make better decisions. This can be made possible by analyzing various outcomes that have been experienced in the past and by keeping track of current performance of the business firm. A decision which is made after thorough discussion is always helpful in making the business flourish and grow rapidly.
Increasing profit and performance
A data scientist can be used to examine various forms of multidimensional data and hence propose various actions which may be taken by the business firm in order to increase their profits and their overall performance. This also ensures that the customers are happy with their services being provided to them and in case they are not, data science can be used to constantly keep track of their feedbacks so that the business can come with better models in future.
It is well known that data science is used by various business organizations and firms to make better decisions for their firm. But the job is not completely over after the correct decision is made. This is only half of the portion of the job we have to do. The other half portion is more like introspection. This means that there needs to be a mechanism which continually checks whether the decisions taken by the business firm are matching up to the expectations of the customers. It is mandatory to know how the decisions have affected the firm or the organization. Hence, data scientists can prove to be useful in such a case.
While recruiting people for the business organization, it is not too easy to go through all the resumes and curriculum vitae submitted by people. Hence, data science can be used to search for specific keywords or qualities in the resume which can help the organization hire the right talent.
Apart from this, there are many more advantages and benefits of data science.
From the author’s desk
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