There is a lot of confusion surrounding the terms "data science" and "data analytics." Some people use them interchangeably, others see them as completely different concepts.
In this blog post, we'll demystify the differences between these two terms. We will start by defining each term, followed by the key differences between them, similarities, roles each of them support, as well as uses cases.
Read on for a detailed comparison!
Data science is an interdisciplinary field that combines mathematics, statistics, computer science, and domain-specific knowledge to extract insights from large sets of structured and unstructured data.
The data science field involves collecting, organizing, cleaning, analyzing, and interpreting data to discover patterns and correlations that can be used to make predictions or decisions through artificial intelligence or machine learning.
Data analytics is the process of analyzing raw data to discover trends and insights. It involves cleaning, organizing, visualizing, summarizing, predicting, and forecasting. The goal of data analytics is to use the data to generate actionable insights for decision-making or for crafting a strategy.
(See how predictive & prescriptive analytics work together.)
When I first entered the world of data, these two terms seemed to be used interchangeably by my non-technical co-workers as well as in many of the online courses I took on. However, I always wondered what their differences are. After spending some time researching and being in the field, I discovered some key factors that differentiate the two.
Here are some of the differences between data science and data analytics:
The goal of data science is to extract insights from large sets of structured and unstructured data. The goal of data analytics is to use the data to generate actionable insights for decision-making.
Data science uses various techniques such as machine learning, deep learning, predictive modeling, and natural language processing (NLP) to uncover patterns and trends in data. Some examples of tools used in data science include:
Data analytics focuses on using statistical methods, visualization and a variety of tools for analyzing and interpreting data. Some examples of tools used in data analytics include:
The output of data science is often predictive models that can be used to make decisions or predictions. On the other hand, the output of data analytics is generally insights or reports.
Remember, though, that outputs are not the same at outcomes.
Data science requires expertise in mathematics, statistics, coding and domain-specific knowledge. Conversely, data analytics is focused on understanding the data and deriving insights from it — you don’t need to understand the maths, stats and codes behind it.
Data science has a much broader scope than data analytics and includes activities such as data wrangling, feature engineering and building machine learning models.
Data analytics is more narrowly focused on analyzing data to generate insights or develop strategies.
(Read about the 4 types of data analytics your business needs.)
Despite their differences, there are some similarities between data science and data analytics. Here are some similarities I found between these two fields in my experience speaking and working with both data scientists and data analysts:
Data science and analytics are two distinct fields with their own roles that you can specialize in. You can also earn a data science or analytics certification.
Here is a quick overview of the different roles that each one supports:
With a greater focus on predictive analysis, data science jobs tend to involve building machine learning models and algorithms. Within data science, these are common roles:
However, roles in the data science field are not limited to these, as the data science field is a larger umbrella that includes all roles related to data.
Roles in data analytics are slightly different: they're focused on analyzing data and deriving insights from it. Roles involved in data analytics may include:
Now that you understand the roles each field supports, you might be curious about their specific use cases for different industries. Here are some actual common use cases I've seen and heard about!
A common use for data science is:
By understanding customer behavior and creating predictive models, data scientists help companies create strategies to retain customers and minimize churn.
Personalized product recommendations are another great use for data science.
By analyzing customer data, data scientists can build machine-learning models that generate personalized product recommendations for each user. This will drive more relevant sales on websites.
(See how much you can do with analyzing log data.)
The banking and finance industry can also harness the power of data science through the use of fraud detection systems. By creating predictive models that analyze patterns in customer data, data scientists can help companies identify suspicious behavior and alert them of potential fraud cases.
(Create a fraud risk scoring model with Splunk.)
Data analytics also has its own set of use cases. In fact, many of these uses are becoming more commonplace across many businesses that want to leverage insight from the large amount of data they produce.
One example of data analytics being used is measuring user engagement on apps. Also known as mobile analytics, this allows companies to measure user engagement and understand how users are interacting with their apps.
This helps them tweak their product and user experience to optimize results.
In my line of work in data, I had opportunities to dive into mobile data to test the usage of mobile features on an app. This drove more business decisions in selecting which areas to work on and prioritize for mobile development.
(Learn about the closely related behavior analytics.)
Data analytics can also be used in the marketing world by analyzing customer data and creating segmented audiences that serve a personalized ad message. By understanding customer behavior, data analytics can help marketers to:
Retailers can also benefit from data analytics by understanding customer behavior and creating strategies to optimize their inventory management and pricing.
Data analytics can help retailers find the best price points for their products, as well as understand when it's time to restock or discount items.
Finally, data analytics can also be used to track and analyze website performance. This allows businesses to understand:
By understanding the user journey, businesses can create strategies to optimize the customer experience. This may also be useful for businesses that rely heavily on website traffic to bring in revenue, such as blogs and e-commerce sites.
In conclusion, data science is the practice of creating predictive models using data, while data analytics is the practice of extracting, cleaning, and processing data to bring about insight. Though both practices involve working with data, they each have their own set of roles and use cases that can provide businesses with valuable insights.
I hope this article has helped shed some light on the differences between data science and data analytics and their respective use cases.
See an error or have a suggestion? Please let us know by emailing ssg-blogs@splunk.com.
This posting does not necessarily represent Splunk's position, strategies or opinion.
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