It’s not surprising that we sometimes mix up technical terms in such a fast-paced world, especially when they evolve at such dizzying speeds and new scientific fields appear to emerge overnight.
So here we are coming up with one of the most common points of contention in this field: the distinction between data analytics and data science, which are both closely related but distinct fields.
What is the importance of Data Science and Analytics?
In the world of Big Data, there is an urgent need for it to be optimally structured, organised, and analysed to produce something useful. If this is not done, the entire cloud of big data will be useless. This is where data science enters the picture.
Before we go any further, it’s important to understand how data science and data analytics are related and complementary.
- According to current trends, by 2025, 80 percent of data will be unstructured.
- The collected data can be used to power machine learning, artificial intelligence, and predictive analytics. Even something as simple as intelligent chatbots may be difficult to integrate without this.
- This data will contain a wealth of information about all consumers and various civic activities, which could be extremely beneficial in developing strategies for private corporations and government organisations.
- In terms of revenue and operations, the data has enormous potential for forecasting the future for any business. Once such big data has been intrinsically and thoroughly analysed, it becomes easier for corporations to base their operations and strategies on them.
Choosing Between Data Science Vs Data Analytics
Now comes the more difficult part. The distinction between data science and data analytics is difficult to discern because the two appear to be quite similar to the untrained eye.
Many people may end up using the two words interchangeably, despite the fact that they are related but not the same. The simplest explanation for the data science vs data analytics debate is that the former is a broader concept encompassing a broad field that mines any massive data pool.
On the other hand, the latter is a more narrowly focused concept that could be considered a subset of the larger picture, namely, data science. So, let’s take a closer look at the distinctions between data science and data analytics.
1. Core Skills
Data Scientists must be proficient in statistics and mathematics as core skills. They should also be well-versed in Machine Learning, Predictive Modelling, and programming languages such as R, SQL, Java, Scala, Julia, MATLAB, and Python. A Data Scientist should also be familiar with Linear Algebra and Multivariate Calculus. Experience with Big Data platforms such as Hadoop and Apache Spark is a plus.
On the other hand, data Analysts must be skilled in data modelling, data warehouse management, data analysis, data mining, statistical analysis, data visualisation, and database management. Data Analysts and Data Scientists must both be critical thinkers and problem solvers.
2. Job Role
Data Analysts and Data Scientists employ data in various ways. Data Scientists process, clean, and interpret data using a combination of Machine Learning, Statistical, and Mathematical techniques. They can create advanced Data Modelling processes by combining prototypes, predictive models, custom analysis, and machine learning algorithms.
On the other hand, data analysts examine datasets to identify trends and draw conclusions. Data analysts collect, analyse, and organise large amounts of data to identify relevant patterns. After the analysis is completed, Data Analysts present their findings using Data Visualisation methods such as graphs, charts, and so on. As a result, a Data Analyst converts complex insights into business-savvy language that every member of an organisation can understand.
3. Purpose and Scope
Exploration is a key distinction between Data Analysis and Data Science. Data Science isn’t about answering specific questions but about sifting through massive datasets in unstructured ways to uncover meaningful insights. As a result, Data Science identifies potential trends based on existing data and discovers better ways to model and analyse data.
On the other hand, data analysis works best when done in a concentrated manner. A Data Analyst must have specific questions in mind that require answers based on existing data to accomplish this.
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Data analysts and data scientists have deceptively similar job titles due to the many differences in role responsibilities, educational requirements, and career trajectory.
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