To prevail in the complex business environment, companies are transforming their core fundamentals by integrating and implementing modern scientific methods like data science and data analytics. In addition to resistance and innovation, these modern techniques are bringing automation and efficiency to business functions. Therefore, it is imperative that aspiring business managers and executives be well-versed with data analytics and data science definition.
While some seek a professional setup like taking data science courses online to learn the core concepts of the scientific method, others might just use online materials to make understand and get akin to it. So, if you belong to the latter, here’s a detailed introduction to data science and data analytics. We’ll also be comparing the two scientific techniques to get a clear understanding of them.
What Is Data Science?
Data science is a scientific method that uses statistical and mathematical tools and techniques to draw actionable insights from raw, unstructured, and large volumes of data collected by companies. It is a multidisciplinary approach that encompasses processes like data extraction, preparation, segregation, cleaning, analysis, interpretation, and more.
What Is Data Analytic?
Data analytics refers to the process of understanding data and finding ways to utilize it to solve business problems and bottlenecks. While all organizations analyze data, but analytics helps in providing a deep insight and understanding of the data collected from various sources. Moreover, it also helps businesses to attain competitive advantage, increase their revenue, and boost organizational growth.
What Is The Difference Between Data Science And Analytics?
Here are some points that highlight the different between data science and analytics:
- Data science vs data analytics: main difference
Data science is the process of extracting data from different sources. It is also the process of making new processes for data production and modelling.
Meanwhile, data analytics is summarized as identifying trends, patterns, developing charts, and creating visual representation of the data collected by a company.
- Types of processes involved
Data science and analytics have various processes that help draw deep insights and visually present the data in an easily comprehendible manner. In addition, they use various data-specific processes, namely data mining, data cleaning, etc.
While data science uses processes like data mining, data engineering, data architecture, and machine learning, data analytics uses descriptive, diagnostic, predictive, and prescriptive analysis processes.
- Applications of data science and analytics
Data wrangling, programming, and statistical modelling, among others, are some of the data science applications widely used across industries.
On the other hand, risk management, budgeting and forecasting, and marketing and sales are fields where analytics is used.
A data analyst should be well-versed in mathematics and statistics. Moreover, they should have appropriate technical skills to use different analytical tools efficiently. Therefore, many data analysts pursue an advanced degree, like a master’s in analytics or a certification course, to gain the deep knowledge and skills required for data analytics.
Meanwhile, a data scientist should have hacking, statistics, and mathematics expertise. Furthermore, they should be well-informed about the latest scientific trends. Therefore, many employers look for data scientists with advanced degrees in data science or a similar field.
- Working in data science vs Working in data analytics
As a data scientist, you are required to perform various core data-related processes like cleaning, segregating, etc. Moreover, you are also expected to build statistical models, product prototypes, and work with different algorithms. Many tools and automation systems lighten the burden, but primary knowledge about different scientific procedures is necessary.
Similarly, data analyst also works with data to draw meaningful insights. Therefore, data analysts must have different tools and skills in their arsenal to introduce efficiency, automation, and innovation to the company.
To learn more about data science and analytics, you can take data science courses online offered by Emeritus India. We have some of the best online courses that help you learn more than data science definition and procedures. It equips you with the skills to perform scientific procedures efficiently.