Data Science with ANDRÉ MILETTO – Beatz Podcast #5
André Miletto, entrepreneur and Data Science enthusiast, told us about his experiences, studies and possibilities for applying data in the business world.
What is Data Science?
Data science is nothing more than the analysis of all types of information that is generated every second, all over the world. From this, it is possible to take actions in the most varied areas of the market. The person responsible for studying the data is called a data scientist.
Today, companies that have this information have a real treasure in their hands. Everything we do connected to the internet is stored and analyzed by scientists. In this way, new services and products are created based on public trends.
Data has become the foundation of all innovations. But, they are only useful if you know how to use them. This is why the data scientist is so important.
What is the difference between Machine Learning and Data Science?
Machine learning is a data science tool. It consists of techniques that allow, based on data, computers to discover things and assist human work. Data science refers to scientific methods, overlapping areas of statistics and data analysis.
Both are a subset of artificial intelligence.
Where to start studying Data Science?
In addition to content on websites and books, it is important that the person is clear about what they want. Data science is not something you will study for a few years and never pursue again. Knowledge must be constant for the rest of your life. Every day there are new things for you to learn.
Therefore, it is also important to like numbers and programming. As in many other fields, data science is learned by doing. So, try to do a lot of exercises to fix the theory in your head. There are many free courses on the internet, of excellent quality.
What is the application of Data Science within Business?
With data science, company managers have much more information in their hands to make decisions. Unlike the time when professionals needed to use intuition, with data science, they find accurate and reliable inputs very quickly.
So, it's good to introduce this function in your company. In fact, if you don't do it, you can be sure that your competitors will do it and take a good advantage over you. This way, it's good to ensure that your company is one step ahead of others.
What is Blockchain?
Blockchain is nothing more than a system where it is possible to track the receipt and sending of some types of data over the internet. There are several pieces of code generated online, which carry information as if they were blocks of interconnected data, forming a chain.
This technology allowed the creation of cryptocurrencies, such as BitCoin, for example. In other words, we are talking about the future.
What is the algorithm?
The algorithm is a computer system that can identify patterns and offer you answers. There are also types of algorithms on the web. Each website or application may contain its own algorithm for specific purposes.
With it, you can automate your operations and improve them as a whole. Therefore, you will benefit from technology in your favor.
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I hope to see you next time!