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Is data science only for business?

  • 20 December 2019
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I am attending classes in data science; but I am confused about the classes I take. Most of my classes gear towards business. Our projects are heavy on the business side. So far, I have not had any class using different type of data. I wonder if data science is only for business?

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Best answer by TTom 20 December 2019, 22:29

I expect this reflects the specific courses/specialization your are attending. I have seen courses/specializations (not restricted to Coursera) which deal more with the technical aspects of data science rather than the specific application or implementation of the principles of data science.

That having been said, I think there is a current focus on the application of data science to business, as that is a (somewhat) newer area of (significant) interest. It is also likely that the data encountered in a business context is easier to “digest” than the data which is prevalent in some other disciplines.

I would also say that the principles of data science are very likely applicable in whatever domain is of interest, so, perhaps, you just need to approach it more as a learning opportunity than a “guidebook” for your particular domain.

Good luck!!

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I expect this reflects the specific courses/specialization your are attending. I have seen courses/specializations (not restricted to Coursera) which deal more with the technical aspects of data science rather than the specific application or implementation of the principles of data science.

That having been said, I think there is a current focus on the application of data science to business, as that is a (somewhat) newer area of (significant) interest. It is also likely that the data encountered in a business context is easier to “digest” than the data which is prevalent in some other disciplines.

I would also say that the principles of data science are very likely applicable in whatever domain is of interest, so, perhaps, you just need to approach it more as a learning opportunity than a “guidebook” for your particular domain.

Good luck!!

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Data science is applicable in any discipline that involves decision making, summarizing datasets, and automation. It just so happens that many business problems including portfolio management, capital allocation, customer retention and marketing, etc are ripe for data science solutions and are problems where large amounts of money are at stake.

 

When I was in school, I also noticed a tendency for examples to lean towards business applications. But I also saw just as strong a tendency towards tech examples. For example, speech recognition and reproduction (Alexa) and and smart security cameras (can track people). Some of the biggest successes coming out of data science have happened in the defense and medical industries also.

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