Bright And Auspicious Future Of
Nowadays, Data is regarded as Digital Gold. Yes, Bitcoin and other digital currencies are in the
fray for being called the true digital gold but nothing can beat data.
Did you know? According to the inventor of the World Wide Web, Tim Berners Lee:
Data is a precious commodity that will last longer than the systems which were actually
developed to generate the data.
According to the co-founder of Sun Microsystems:
In the next decade, Software & Data Science will bring in more benefits for Medicines than all
the Biological Sciences combined.
As you can see, some of the leading personalities & innovators in the tech space are agreeing to
the fact that data is essential for the growth of companies in the future and Data-related
technologies like Big Data & Data Science will play a vital role in leveraging the
What is Data Science?
Data Science is a multifaceted field that leverages:
• Various Scientific Methods
• Processes &
All of the above are used to seamlessly extract insights & knowledge from complex,
unstructured and structured data. The actionable insights & crucial knowledge is then applied
across a wide range of industries and application domains to achieve desired results.
So, what does the future of Data Science look like? Read on to find out!
Future Applications of Data Science for Various
Data science & allied technologies have a wide range of applications that aren’t simply limited to
a particular industry or field. Data Science can be applied across a myriad of industries. Let’s
look at some future
• IT Industry
Many people think that Data Science and IT is the same. But they are entirely different.
Data Science pertains to purely mathematical capabilities which are combined with cutting edge
software solutions to develop Machine Learning Algorithms and allied solutions.
Many leading IT organizations, enterprises and SMEs are actively leveraging the benefits of
Data Science to trans