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What is Data Science?

You probably hear the word "Data Science" on a regular basis. But what exactly is data science? And why are we hearing so much about it now? First let us understand why data science is needed. The need for Data Science In this era of smartphones and internet, we have seen an exponential increase in data. More and more data is produced everyday as the number of people using internet is increasing. This led to the problem of storing the enormous amount of data. Frameworks like Hadoop and others solved the problem of storing the data. But what about processing this data? The previous techniques can no longer be used efficiently as they were built of processing on smaller data.  This is where Data Science comes into the picture.  Image courtesy: eetimes.com What is Data Science? The formal definition of Data Science goes as follows: "Data science is an interdisciplinary field that uses scientific methods, processes, algorithms and systems to e

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