Data Analytics vs Data Science Understanding the Key Differences
Data Analytics vs Data Science Understanding the Key Differences
Data
Science: Understanding
the Key Differences
Data analytics and data science are both in-demand fields that utilize data to
solve problems. But what's the difference? This presentation will break
down the key distinctions.
by Manik Mehra
What is Data Analytics?
Data Analytics Objective
Focuses on extracting insights from data. It involves collecting, To provide actionable insights that can help businesses make
cleaning, organizing, and analyzing data to identify patterns better decisions.
and trends.
What is Data Science?
Data Science Objective
Involves using scientific methods, algorithms, processes, and To develop predictive models and algorithms that can be used
systems to extract knowledge and insights from structured and to make predictions about future events or trends.
unstructured data.
Key Similarities and Differences
Similarities Differences
Both rely on data and use statistical analysis to draw Data science has a more complex focus, aiming to predict
insights. future outcomes while data analytics focuses on
understanding past data.
Applications of Data
Analytics
Customer Sales Forecasting
Segmentation
Predicting future sales based on
Identifying distinct customer past trends, enabling
groups to tailor marketing and businesses to make informed
improve services. decisions about inventory and
staffing.
Market Research
Understanding consumer preferences and market trends, allowing
businesses to identify new opportunities.
Applications of Data Science
Artificial Intelligence
Developing chatbots, automating
tasks, and creating intelligent
agents.
Skills Required for Data Analytics
SQL Statistical Analysis
Querying and extracting data from databases. Understanding statistical concepts and techniques for data interpretation.
1 2 3
Data Visualization
Creating compelling charts and dashboards to communicate insights.
Skills Required for Data
Science
Python
A versatile programming language for building and deploying data
science models.