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/ data science.md
Last active
March 22, 2019 05:30
Understanding the growing importance and meaning of data science ..Short Overview
“Data is the new oil” — anonymous
Data is everywhere around us – More than 200 million users on twitter, share content, videos and photos every day (Social Media Data). 500 Million smartphones are used for making calls, texts messaging every second (Smartphone User Data, Calls Data and Message Text Data). 10 thousand airplanes are always off the ground in the sky (Aviation Data). More than 10 Million bank transactions are carried out daily (Bank Data).
According to a recent research, IBM suggested that 90 percent of the data in the world has been generated in past three years alone. This data originates from everywhere – social media, website visits, bank transactions, documents and weather sensors to name a few out of a huge list. This data is ubiquitous and cheapest resource available on the earth.