The study of data science or analytics has opened up the scope for a variety of concepts like deep learning, NLP or Natural Language Processing, advanced statistics, etc. Along with these new fields, the rise of Artificial Intelligence (AI) and Machine Learning (ML) has been significantly higher as the opportunities for incorporating a data-driven or data-inspired system is booming in the market.
Ever since the buzz was created around the word “data”, many organizations, enterprises, and startups began to leverage data science and data analytics to make their operations efficient. Nearly 63% of the companies attribute their improved efficiency to data analytics. Furthermore, the talents surrounding data science and data engineering has come a long way since the dawn of the word- data.
All these are just the foundation for a completely data-inspired infrastructure for the companies. The access to data related resources is now higher as the number of organizations that adopt such efficient data systems are increasing.
If anything, the technological climate at the present is more favourable to creating a foolproof data analysis system than anything. Some of the magazines are already calling data related jobs one of the hottest jobs of this 21st century. The future will only amplify the present effects. Many large-scale industries like manufacturing are adopting new data models, robotics, automation, etc.
