data analysis Tag Archives - General Assembly Blog

Data at Work: 3 Real-World Problems Solved by Data Science

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BreakintoDataScienceAt first glance, data science seems to be just another business buzzword — something abstract and ill-defined. While data can, in fact, be both of these things, it’s anything but a buzzword. Data science and its applications have been steadily changing the way we do business and live our day-to-day lives — and considering that 90% of all of the world’s data has been created in the past few years, there’s a lot of growth ahead of this exciting field.

While traditional statistics and data analysis have always focused on using data to explain and predict, data science takes this further and uses data to learn — constructing algorithms and programs that collect from various sources and apply hybrids of mathematical and computer science methods to derive deeper insights. Whereas traditional analysis uses structured data sets, data science dares to ask further questions, looking at unstructured “big data” derived from millions of sources as well as nontraditional mediums such as text, video, and images.

So how is this all manifesting in the market? Here, we take a look at three real-world examples of how data science is driving business innovation across a wide range of industries.

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The Skills and Tools Every Data Scientist Must Master

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Photo by WOC in Tech.

“Data scientist” is one of today’s hottest jobs.

In fact, Glassdoor calls it the best job of 2017, with a median base salary of $110,000. This fact shouldn’t be big news. In 2011, McKinsey predicted there would be a shortage of 1.5 million managers and analysts “with the know-how to use the analysis of big data to make effective decisions.” Today, there are more than 38,000 data scientist positions listed on Glassdoor.com.

It makes perfect sense that this job is both new and popular, since every move you make online is actively creating data somewhere for something. Someone has to make sense of that data and discover trends in the data to see if the data is useful. That is the job of the data scientist. But how does the data scientist go about the job? Here are the three skills and three tools that every data scientist should master.

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Announcing General Assembly’s New Data Science Immersive

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Data science is “one of the hottest and best-paid professions in the U.S. More than ever, companies need analytical minds who can compile data, analyze it, and drive everything from marketing forecasts to product launches with compelling predictions. Their work drives the core strategies of modern business — so much so that, by 2018, data-related job openings will total 1.5 million. That’s why we’ve worked hard to develop classes, workshops, and courses to confront the data science skills gap. The latest addition to our proud family of data education is the new Data Science Immersive program.

Launching for the first time in San Francisco and Washington, D.C. on April 11, this full-time Immersive program will equip you with the tools and techniques you need to become a data pro in just 12 weeks.

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What It Means to Be Data Literate

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The Data Journalists handbook defines data literacy as, “the ability to consume for knowledge, produce coherently and think critically about data.” It goes on to say that “data literacy includes statistical literacy but also understanding how to work with large data sets, how they were produced, how to connect various data sets and how to interpret them.”

At General Assembly, we’d like to imagine a world where you don’t need a Ph.D. in Statistics to have a data-informed conversation about your business, your health, or your life in general. Over the past year, we’ve embarked on the journey to build a more data literate world through education offerings that meet the diverse needs of our students.

In building these courses, we’ve sought advice from data scientists, analysts, and hiring managers to determine the critical skills you need to become data literate in today’s workforce. We discovered that it isn’t just a concrete list of skills, but a mindset geared towards data—a way of approaching problems beyond “gut instincts.” 

Here, we’ve proposed a few simple questions that will help you start to view the world through the lens of data.

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5 High-Paying Careers That Require Data Analysis Skills

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The term “big data” is everywhere these days, and with good reason. More products than ever before are connected to the Internet: phones, music players, DVRs, TVs, watches, video cameras…you name it. Almost every new electronic device created today is connected to the Internet in some way for some purpose.

The result of all those things connected to the Internet is data. Big, big data. What’s that mean for you? Simply put, it means if you can quickly, accurately, and intelligently sift through data and find trends, you are extremely valuable in today’s tech job market. More specifically, here are five job titles that require data analytics expertise to get ahead. 

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3 Ways that Data Affects Mass Media

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If you thought the introduction of the commercial Internet changed mass media, take a look at what’s in front of you today. Behind the sites of your favorite newspapers and blogs (yes, even this one), publishers are using data to create better audience experiences. For anyone who has ever considered working with data as part of their career, there are now more opportunities than ever to bring media and data together. Here are some of the most important technologies to have on your radar.

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How Can UX Design Make Sense of Big Data?

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Big data is just what it sounds like; data so big that it’s not easily processed through conventional methods. However, once this large data set is eventually distilled down, user experience can play a huge role in making sense of the reports and leading the charge for user-centered solutions.

User experience (UX) is the bridge between big data analytics and the end user. The richness of big data being collected by all types of companies has unleashed a treasure trove of information for user experience designers. UX designers can create more robust solutions for users by analyzing these enormous data sets.

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5 Companies Using Data for Social Impact

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Can data improve the future of our humanity? You better believe it. “Big data” is more than just big businesses. Every day, social impact groups are finding new and creative ways to act upon the information that they’re generating. They’re using data to surface new information, uncover underserved communities, and track performance over time. Here are 5 very different organizations that are using data, in new and creative ways, to improve the lives of people around them:

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3 Ways to Get More Meaning from Data

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For many people, data feels like an avalanche of information. No matter how proficient we are with Excel, statistical software, SQL, or Google Analytics, it’s often tough to know where and how to take your first steps. Should you create a chart? Should you try to find a correlation between the trend you’re observing and revenue? How do you know whether your findings are statistically significant—and for that matter, what the heck is statistical significance?

At the end of the day, these questions are less intimidating than they seem. Data is a tool that human beings created for other human beings. As a result, it’s up to you to create your own constraints for analysis. You choose your terms. You choose the questions you want to answer. You choose the techniques that you want to deploy. You’re in control.

Here are three tips to help you wrangle your next report.

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The Best Topical Data Visualizations of 2015 (So Far)

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Data visualization is a form of visual communication where data is presented in a pictorial or graphical format. By presenting complex data sets in a visual way, people can comprehend and analyze the information set faster and more clearly.

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