1-Data Science Tools Box
1-Data Science Tools Box
Data Science is the art of drawing and visualizing useful insights from data.
Basically, it is the process of collecting, analyzing, and modeling data to solve
problems related to the real-world. To implement the operations we have to use
such tools to manipulate the data and entities to solve the issues. With the help
of these tools, no need to use core programming languages in order to
implement Data Science. There are pre-defined functions, algorithms, and a
user-friendly Graphical User Interface (GUI). As we know that Data Science has
a very fast execution process, one tool is not enough to implement this.
1. Apache Hadoop
3. Apache Spark
4. Data Robot
5. Tableau
Tableau is the most popular data visualization tool used in the market, is
an American interactive data visualization software company founded in
January 2003, was recently acquired by Salesforce. It provides the
facilities to break down raw, unformatted data into a processable and
understandable format. It has the ability to visualize geographical data
and for plotting longitudes and latitudes in maps.
Latest Version: Tableau 2020.2
It offers comprehensive end-to-end analytics.
It is a fully protected system that reduces security risks to the
maximum state.
It provides a responsive user interface that fits all types of
devices and screen dimensions.
6. BigML
7. TensorFlow
8. Jupyter
To ensure your company is moving in the right direction, it’s important to communicate the insights
effectively to stakeholders and business leaders. Especially since there is access to so much data,
and not all the data you come across is helpful for the business, being able to identify critical data
sets allows your findings to be more targeted and focused.
Furthermore, accurately communicating what you have uncovered with data ensures everyone on
the team is on the same page and allows stakeholders to make data-driven decisions. Therefore,
when the appropriate parties are provided with accurate data, it facilitates them to take action that
power business strategy.
Here are some key factors to ensure your insights are communicated effectively:
Moreover, knowing what you need to measure is key to turning data into actionable insights.
Otherwise, you may spend hours analyzing data that won’t be utilized or doesn’t align with the
business goals. Overall, data mature organizations have processes in place and spend time
reviewing results to drive business strategy.
Organizations that have a measurement plan in place are able to easily track business goals and key
performance indicators (KPIs) to ensure business goals are being met. This helps monitor the
business performance and ability to track progress to ensure success against business objectives –
playing a key role in actionable insights.
Every business is different and may have different metrics to measure, here a few key metrics
organizations often measure:
3. Recognize Patterns
Analyzing your data will allow you to turn it into actionable insights as you begin to recognize and
create patterns. Patterns are beneficial as they can create opportunities that might not have been
there otherwise. Recognizing patterns helps you turn information into valuable knowledge and get
a better understanding of customer behavior.
Additionally, anomalies in the data serve as useful information to get clear insights of unusual
situations that require further investigation. Patterns highlight critical factors, facilitating
prioritization and making the business more efficient. It’s important to review all potential
implications of the discovered patterns to accurately move forward.
A data-driven culture helps break down silos across teams and allows employees to collaborate and
share data from multiple functional areas. Additionally, staff don’t have to stop and ask for
permission to act. They are empowered to make decisions that are relevant to their role.
Organizations with a data-driven culture train and educate the staff with the required data-related
skills and knowledge.
Data mature organizations offer training to help employees enhance their data literacy skills. There
are different levels of data literacy and employees should have the appropriate level of data literacy
for their roles to power business strategy. Additionally, business leaders and data teams share a
common language and framework around data.
A single source of truth is aggregating data from multiple sources into one and multiple teams have
easy access to it. This saves time as you don’t have to spend hours looking at unverified data. Data
mature organizations provide staff access to clean, high-quality data they need to perform their
daily work.
It’s important to have a central source of truth containing high-quality data for staff to easily access
and work with. However, processes must be in place to prevent and mitigate data-related ethical
and privacy concerns. There are a number of organizations that have multiple tools where data is
stored and it can lead to confusion and duplication.
Effectively communicate your findings to stakeholders and ensure alignment with our
course, Business-Driven Data Analysis. You’ll learn a proven and repeatable approach you can
leverage across data projects to deliver timely analysis with actionable insights and strong return on
investment. Ensure you’re driving impact in an evolving data and business landscape.