5 Simple Facts About Data Analytics – Explained
Data Analytics,
Data Science, Machine Learning, whatever one might refer it as, the subject
matter has witnessed colossal growth over
the last two decades due to the increase
in collection of data, improvement in data collection techniques and methods,
and a substantial enhancement in the power of computing data.
Various data analyst jobs are pooling talent from multiple branches of engineering, computer scientist,
statisticians and mathematicians and is increasingly demanding
an all-around solution for numerous problems faced by the businesses in
managing their data. As a matter of fact, not a single stream of business,
engineering, science etc. has remained far from the reach of data analytics and
are employing various data analysis tools
on an on-going basis within their respective industries. Perhaps it can be one
of the best times for students to enroll in a data analytics
course and be future ready as the future is in data analytics.
But,
as data analytic jobs are deemed to be in an
upward trend shortly, here are some
simple facts one needs to know about data analytics before embarking a data analytics course or a career in data analytics
1. No Data is Ever Clean
Theoretically, as
taught during a data analytics course, analytics in the absence of data is just a group of
theories and hypothesis, whereas data aids to test these theories and
hypothesis towards finding a suitable context. But, when it comes to the real
world, data is never clean and is always in a pile of mess. Organisations with
established data science centres to say
that their data is not clean. One of the
major issues organisations face apart from missing data entries, or incorrect entries is combining multiple
datasets into a single logical unit.
The various
datasets might face many problems which prevent its integration. Most
data storage businesses are designed to be well integrated with the front-end
software and the user who generates the data. However, many-a-times, data is
created independently, and the data
scientist arrives at the scene at a later
stage and often ends up being merely a “taker” of data which is not a part of
the data design.
2. Data Science is not entirely automated. The user will need to clean some data manually
A vast majority of people do not wholly understand what data analytics is? One of the most common misconceptions about data analytics
is that the various data
analysis tools thoroughly clean
the data. Whereas, in reality, as the data is not always clean, it requires a
certain degree of manual processing to make it usable, which requires intense
amount of data processing, which can be very labour intensive and time-consuming, and the fact remains that no data analysis tools can completely clean the data at the
push of a button.
Each type of data poses its own unique problem,
and data analyst jobs involve getting their hands dirty and manually
processing data to test models, validate it against domain experts and business
sense etc.
3.
Big Data is merely a tool
There is quite a lot of hype around the Big
Data, but many people do not realize that it is only
a collection of data analysis roles which aids working
with a massive volume of data promptly. Even while using Big Data, one
requires the utilise best data modelling practices and requires a trained eye of an expert analyst.
4.
Nobody cares how you did something
Executives and decision making are often the consumers of various
models of data science and continuously
require a useful and a workable model.
While a person performing one of many data
analyst jobs might be
tempted to provide an explanation to how data was derived, in reality, these
executives and decision makers care less how the data was acquired, and are more interested in its
authenticity and how can it be used to improve any of their business
functions.
5.
Presentation is Everything
As most of the consumers
of analytic solutions are not mathematicians and are experts in their
respective fields, presentation plays a vital role in explaining
your findings, in a non-technical manner, which is understandable to the
end user. A PowerPoint presentation loaded
with info-graphics can aid a data scientist in conveying the end-user their
message in a language and mode of communication with is easy of them to
understand.
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