Data Science Applications

Healthcare:-

The healthcare sector, especially, receives great benefits from data science applications.

1. Medical Image Analysis

Procedures such as detecting tumors, artery stenosis, organ delineation employ various different methods and frameworks like MapReduce to find optimal parameters for tasks like lung texture classification.

2. Drug Development

The drug discovery process is highly complicated and involves many disciplines. The greatest ideas are often bounded by billions of testing, huge financial and time expenditure. On average, it takes twelve years to make an official submission.

Advanced Image Recognition:-

You upload your image with friends on Facebook and you start getting suggestions to tag your friends. This automatic tag suggestion feature uses face recognition algorithm. 

In their latest update, Facebook has outlined the additional progress they’ve made in this area, making specific note of their advances in image recognition accuracy and capacity.

Speech Recognition:-

Some of the best examples of speech recognition products are Google Voice, Siri, Cortana etc.

Recommendation Systems:

To create a recommendation system. Example, "suggested friends" on Facebook or suggested videos" on YouTube, everything is done with the help of Data Science.

E-Commerce:-

E-commerce and retail industries have been hugely benefitted by data science. Some of the ways in which data science has transformed the e-commerce industries are-

• For identifying a potential customer base, data science is being heavily utilized.
• Usage of predictive analytics for forecasting the goods and services.
• Data Science is also used for identifying styles of popular products and predicting their trends.
• With data science, companies are optimizing their pricing structures for their consumers.