Analysis? • What is Data Analytics? • What is Business Intelligence? • What are common between them? • What are the Differences between them? • What is a big data? • Data science Job Roles • What is data scientist? 2 Data_Science_lecture3_by_Doaa_Mohey
“an informative science that extracts knowledge from various domains. That requires to use many algorithms, methods, systems or techniques for scrapping this data and interpret it”. – Related to data mining, machine learning and big data. – Based on using statistics, analysis, or informatics, and their related methods 3 Data_Science_lecture3_by_Doaa_Mohey
“A process of cleaning, transforming, and modeling data to relieve useful information for business decision-making”. – The main objective of Data Analysis is to extract useful information from data and taking the decision based upon the data analysis. 6 Data_Science_lecture3_by_Doaa_Mohey
Analysis (DA) Data Analysis Types Exploratory DA (EDA) Explanatory DA Predictive DA Inferential DA Decision Trees Descriptive DA Mechanistic DA Data_Science_lecture3_by_Doaa_Mohey 7
• It uses for understanding challenges facing an organization, and to explore data in meaningful ways. • Making predictions and Making decisions • Interpreting text analysis. Data_Science_lecture3_by_Doaa_Mohey 9
“A process of raw data analysis finds new trends and answer questions. – The essential definition of data analytics captures its broad scope of the field. However, it contains many techniques with many different objectives. 10 Data_Science_lecture3_by_Doaa_Mohey
“it comprises the strategies and technologies used by enterprises for the data analysis of business information. – BI technologies provide historical, current, and predictive views of business operations. – It is a technology-driven process for analyzing data and delivering actionable information that supports executives, managers and workers make informed business decisions. 14 Data_Science_lecture3_by_Doaa_Mohey
analysis Data analytics Business intelligence They use for 1. Improving decision making 2. Analyzing large amount 3. Understanding risk management 4. Saving cost It relies on many algorithms: 1. machine Learning 2. Exploratory Analysis 3. Data Mining 4. Modeling Visualization 5. Software Development Data_Science_lecture3_by_Doaa_Mohey 16
science Data analysis Data analytics Business intelligence It uses for extracting data with various views from structured or unstructured data. It refers to an examining process for arranging input data in with respect to specific ways that uses for extracting useful information. It relies on an algorithmic process is used for deriving insights that uses for interpreting the meaningful correlations. It refers to a set of processes, architectures, and technologies that convert raw data into meaningful information that drives profitable business actions.
science Data analysis Data analytics Business intelligence 1. Powerful of higher effect in interpreting data 2. It is a demand 1. Faster analysis required 2. Better performance 3. Increased awareness risk 4. Effective market analysis 5. More efficient operations. 1. detects and correct the errors from data sets. 2. Removing duplicates 3. Reducing risks 1. Improving productivity 2. Improving visibility 3. Improving automatic analytics
science Data analysis Data analytics Business intelligence 1. Privacy problem 2 Career high level. 1. Reduce cost 1. Difficulty analytics tools 2. Privacy challenges 3. Hardness of data analytics cost 1. Cost 2. Complexity 3. Limited use 4. Time consuming
Data refers to the large amounts of data which is pouring in from various data sources and has different formats. • Even previously there was huge data which were being stored in databases, – but because of the varied nature of this Data, – the traditional relational database systems are incapable of handling this Data.
Formats? • The three different formats of big data are: – Structured: Organized data format with a fixed schema. Ex: RDBMS – Semi-Structured: Partially organized data which does not have a fixed format. Ex: XML, JSON – Unstructured: Unorganized data with an unknown schema. Ex: Audio, video files etc. Data_Science_lecture3_by_Doaa_Mohey 22
Data Science are: – Data Scientist – Data Engineer – Data Architect – Data Administrator – Data Analyst – Business Analyst – Data/Analytics Manager – Business Intelligence Manager Data_Science_lecture3_by_Doaa_Mohey 24