As one of the world’s fastest-growing industries, with a predicted compound annual growth rate of 16.43% anticipated between 2022 and 2030, data science is the ideal choice for your career. Jobs will be plentiful. Opportunities for career advancement will come thick and fast. And even at the most junior level, you’ll enjoy a salary that comfortably sits in the mid-five figures.

Studying for a career in this field involves learning the basics (and then the complexities) of programming languages including C+, Java, and Python. The latter is particularly important, both due to its popularity among programmers and the versatility that Python brings to the table. Here, we explore the importance of Python for data science and how you’re likely to use it in the real world.

Why Python for Data Science?

We can distill the reasons for learning Python for data science into the following five benefits.

Popularity and Community Support

Statista’s survey of the most widely-used programming languages in 2022 tells us that 48.07% of programmers use Python to some degree. Leftronic digs deeper into those numbers, telling us that there are 8.2 million Python developers in the world. As a prospective developer yourself, these numbers tell you two things – Python is in demand and there’s a huge community of fellow developers who can support you as you build your skills.

Easy to Learn and Use

You can think of Python as a primer for almost any other programming language, as it takes the fundamental concepts of programming and turns them into something practical. Getting to grips with concepts like functions and variables is simpler in Python than in many other languages. Python eventually opens up from its simplistic use cases to demonstrate enough complexity for use in many areas of data science.

Extensive Libraries and Tools

Given that Python was first introduced in 1991, it has over 30 years of support behind it. That, combined with its continued popularity, means that novice programmers can access a huge number of tools and libraries for their work. Libraries are especially important, as they act like repositories of functions and modules that save time by allowing you to benefit from other people’s work.

Integration With Other Programming Languages

The entire script for Python is written in C, meaning support for C is built into the language. While that enables easy integration between these particular languages, solutions exist to link Python with the likes of C++ and Java, with Python often being capable of serving as the “glue” that binds different languages together.

Versatility and Flexibility

If you can think it, you can usually do it in Python. Its clever modular structure, which allows you to define functions, modules, and entire scripts in different files to call as needed, makes Python one of the most flexible programming languages around.

Setting Up Python for Data Science

Installing Python onto your system of choice is simple enough. You can download the language from the Python.org website, with options available for everything from major operating systems (Windows, macOS, and Linux) to more obscure devices.

However, you need an integrated development environment (IDE) installed to start coding in Python. The following are three IDEs that are popular with those who use Python for data science:

• Jupyter Notebook – As a web-based application, Jupyter easily allows you to code, configure your workflows, and even access various libraries that can enhance your Python code. Think of it like a one-stop shop for your Python needs, with extensions being available to extend its functionality. It’s also free, which is never a bad thing.
• PyCharm – Where Jupyter is an open-source IDE for several languages, PyCharm is for Python only. Beyond serving as a coding tool, it offers automated code checking and completion, allowing you to quickly catch errors and write common code.
• Visual Studio Code – Though Visual Studio Code alone isn’t compatible with Python, it has an extension that allows you to edit Python code on any operating system. Its “Linting” feature is great for catching errors in your code, and it comes with an integrated debugger that allows you to test executables without physically running them.

Setting up your Python virtual environment is as simple as downloading and installing Python itself, and then choosing an IDE in which to work. Think of Python as the materials you use to build a house, with your IDE being both the blueprint and the tools you’ll need to patch those materials together.

Essential Python Libraries for Data Science

Just as you’ll go to a real-world library to check out books, you can use Python libraries to “check out” code that you can use in your own programs. It’s actually better than that because you don’t need to return libraries when you’re done with them. You get to keep them, along with all of their built-in modules and functions, to call upon whenever you need them. In Python for data science, the following are some essential libraries:

• NumPy – We spoke about integration earlier, and NumPy is ideal for that. It brings concepts of functionality from Fortran and C into Python. By expanding Python with powerful array and numerical computing tools, it helps transform it into a data science powerhouse.
• pandas – Manipulating and analyzing data lies at the heart of data sciences, and pandas give you a library full of tools to allow both. It offers modules for cleaning data, plotting, finding correlations, and simply reading CSV and JSON files.
• Matplotlib – Some people can look at reams of data and see patterns form within the numbers. Others need visualization tools, which is where Matplotlib excels. It helps you create interactive visual representations of your data for use in presentations or if you simply prefer to “see” your data rather than read it.
• Scikit-learn – The emerging (some would say “exploding) field of machine learning is critical to the AI-driven future we’re seemingly heading toward. Scikit-learn is a library that offers tools for predictive data analysis, built on what’s available in the NumPy and Matplotlib libraries.
• TensorFlow and Keras – Much like Scikit-learn, both TensorFlow and Keras offer rich libraries of tools related to machine learning. They’re essential if your data science projects take you into the realms of neural networks and deep learning.

Data Science Workflow in Python

A Python programmer without a workflow is like a ship’s captain without a compass. You can sail blindly onward, and you may even get lucky and reach your destination, but the odds are you’re going to get lost in the vastness of the programming sea. For those who want to use Python for data science, the following workflow brings structure and direction to your efforts.

Step 1 – Data Collection and Preprocessing

You need to collect, organize, and import your data into Python (as well as clean it) before you can draw any conclusions from it. That’s why the first step in any data science workflow is to prepare the data for use (hint – the pandas library is perfect for this task).

Step 2 – Exploratory Data Analysis (EDA)

Just because you have clean data, that doesn’t mean you’re ready to investigate what that data tells you. It’s like washing ingredients before you make a dish – you need to have a “recipe” that tells you how to put everything together. Data scientists use EDA as this recipe, allowing them to combine data visualization (remember – the Matplotlib library) with descriptive statistics that show them what they’re looking at.

Step 3 – Feature Engineering

This is where you dig into the “whats” and “hows” of your Python program. You’ll select features for the code, which define what it does with the data you import and how it’ll deliver outcomes. Scaling is a key part of this process, with scope creep (i.e., constantly adding features as you get deeper into a project) being the key thing to avoid.

Step 4 – Model Selection and Training

Decision trees, linear regression, logistic regression, neural networks, and support vector machines. These are all models (with their own algorithms) you can use for your data science project. This step is all about selecting the right model for the job (your intended features are important here) and training that model so it produces accurate outputs.

Step 5 – Model Evaluation and Optimization

Like a puppy that hasn’t been house trained, an unevaluated model isn’t ready for release into the real world. Classification metrics, such as a confusion matrix and classification report, help you to evaluate your model’s predictions against real-world results. You also need to tune the hyperparameters built into your model, similar to how a mechanic may tune the nuts and bolts in a car, to get everything working as efficiently as possible.

Step 6 – Deployment and Maintenance

You’ve officially deployed your Python for data science model when you release it into the wild and let it start predicting outcomes. But the work doesn’t end at deployment, as constant monitoring of what your model does, outputs, and predicts is needed to tell you if you need to make tweaks or if the model is going off the rails.

Real-World Data Science Projects in Python

There are many examples of Python for data science in the real world, some of which are simple while others delve into some pretty complex datasets. For instance, you can use a simple Python program to scrap live stock prices from a source like Yahoo! Finance, allowing you to create a virtual ticker of stock price changes for investors.

Alternatively, why not create a chatbot that uses natural language processing to classify and respond to text? For that project, you’ll tokenize sentences, essentially breaking them down into constituent words called “tokens,” and tag those tokens with meanings that you could use to prompt your program toward specific responses.

There are plenty of ideas to play around with, and Python is versatile enough to enable most, so consider what you’d like to do with your program and then go on the hunt for datasets. Great (and free) resources include The Boston House Price Dataset, ImageNet, and IMDB’s movie review database.

Try Python for Data Science Projects

By combining its own versatility with integrations and an ease of use that makes it welcoming to beginners, Python has become one of the world’s most popular programming languages. In this introduction to data science in Python, you’ve discovered some of the libraries that can help you to apply Python for data science. Plus, you have a workflow that lends structure to your efforts, as well as some ideas for projects to try. Experiment, play, and tweak models. Every minute you spend applying Python to data science is a minute spent learning a popular programming language in the context of a rapidly-growing industry.

As artificial intelligence and machine learning are becoming present in almost every aspect of life, it’s essential to understand how they work and their common applications. Although machine learning has been around for a while, many still portray it as an enemy. Machine learning can be your friend, but only if you learn to “tame” it.

Regression stands out as one of the most popular machine-learning techniques. It serves as a bridge that connects the past to the present and future. It does so by picking up on different “events” from the past and breaking them apart to analyze them. Based on this analysis, regression can make conclusions about the future and help many plan the next move.

The weather forecast is a basic example. With the regression technique, it’s possible to travel back in time to view average temperatures, humidity, and other variables relevant to the results. Then, you “return” to present and tailor predictions about the weather in the future.

There are different types of regression, and each has unique applications, advantages, and drawbacks. This article will analyze these types.

Linear Regression

Linear regression in machine learning is one of the most common techniques. This simple algorithm got its name because of what it does. It digs deep into the relationship between independent and dependent variables. Based on the findings, linear regression makes predictions about the future.

There are two distinguishable types of linear regression:

• Simple linear regression – There’s only one input variable.
• Multiple linear regression – There are several input variables.

Linear regression has proven useful in various spheres. Its most popular applications are:

• Predicting salaries
• Analyzing trends
• Forecasting traffic ETAs
• Predicting real estate prices

Polynomial Regression

At its core, polynomial regression functions just like linear regression, with one crucial difference – the former works with non-linear datasets.

When there’s a non-linear relationship between variables, you can’t do much with linear regression. In such cases, you send polynomial regression to the rescue. You do this by adding polynomial features to linear regression. Then, you analyze these features using a linear model to get relevant results.

Here’s a real-life example in action. Polynomial regression can analyze the spread rate of infectious diseases, including COVID-19.

Ridge Regression

Ridge regression is a type of linear regression. What’s the difference between the two? You use ridge regression when there’s high colinearity between independent variables. In such cases, you have to add bias to ensure precise long-term results.

This type of regression is also called L2 regularization because it makes the model less complex. As such, ridge regression is suitable for solving problems with more parameters than samples. Due to its characteristics, this regression has an honorary spot in medicine. It’s used to analyze patients’ clinical measures and the presence of specific antigens. Based on the results, the regression establishes trends.

LASSO Regression

No, LASSO regression doesn’t have anything to do with cowboys and catching cattle (although that would be interesting). LASSO is actually an acronym for Least Absolute Shrinkage and Selection Operator.

Like ridge regression, this one also belongs to regularization techniques. What does it regulate? It reduces a model’s complexity by eliminating parameters that aren’t relevant, thus concentrating the selection and guaranteeing better results.

Many choose ridge regression when analyzing a model with numerous true coefficients. When there are only a few of them, use LASSO. Therefore, their applications are similar; the real difference lies in the number of available coefficients.

Elastic Net Regression

Ridge regression is good for analyzing problems involving more parameters than samples. However, it’s not perfect; this regression type doesn’t promise to eliminate irrelevant coefficients from the equation, thus affecting the results’ reliability.

On the other hand, LASSO regression eliminates irrelevant parameters, but it sometimes focuses on far too few samples for high-dimensional data.

As you can see, both regressions are flawed in a way. Elastic net regression is the combination of the best characteristics of these regression techniques. The first phase is finding ridge coefficients, while the second phase involves a LASSO-like shrinkage of these coefficients to get the best results.

Support Vector Regression

Support vector machine (SVM) belongs to supervised learning algorithms and has two important uses:

• Regression
• Classification problems

Let’s try to draw a mental picture of how SVM works. Suppose you have two classes of items (let’s call them red circles and green triangles). Red circles are on the left, while green triangles are on the right. You can separate these two classes by drawing a line between them.

Things get a bit more complicated if you have red circles in the middle and green triangles wrapped around them. In that case, you can’t draw a line to separate the classes. But you can add new dimensions to the mix and create a circle (rectangle, square, or a different shape encompassing just the red circles).

This is what SVM does. It creates a hyperplane and analyzes classes depending on where they belong.

There are a few parameters you need to understand to grasp the reach of SVM fully:

• Kernel – When you can’t find a hyperplane in a dimension, you move to a higher dimension, which is often challenging to navigate. A kernel is like a navigator that helps you find the hyperplane without plummeting computational costs.
• Hyperplane – This is what separates two classes in SVM.
• Decision boundary – Think of this as a line that helps you “decide” the placement of positive and negative examples.

Support vector regression takes a similar approach. It also creates a hyperplane to analyze classes but doesn’t classify them depending on where they belong. Instead, it tries to find a hyperplane that contains a maximum number of data points. At the same time, support vector regression tries to lower the risk of prediction errors.

SVM has various applications. It can be used in finance, bioinformatics, engineering, HR, healthcare, image processing, and other branches.

Decision Tree Regression

This type of supervised learning algorithm can solve both regression and classification issues and work with categorical and numerical datasets.

As its name indicates, decision tree regression deconstructs problems by creating a tree-like structure. In this tree, every node is a test for an attribute, every branch is the result of a test, and every leaf is the final result (decision).

The starting point of (the root) of every tree regression is the parent node. This node splits into two child nodes (data subsets), which are then further divided, thus becoming “parents” to their “children,” and so on.

You can compare a decision tree to a regular tree. If you take care of it and prune the unnecessary branches (those with irrelevant features), you’ll grow a healthy tree (a tree with concise and relevant results).

Due to its versatility and digestibility, decision tree regression can be used in various fields, from finance and healthcare to marketing and education. It offers a unique approach to decision-making by breaking down complex datasets into easy-to-grasp categories.

Random Forest Regression

Random forest regression is essentially decision tree regression but on a much bigger scale. In this case, you have multiple decision trees, each predicting a certain output. Random forest regression analyzes the outputs of every decision tree to come up with the final result.

Keep in mind that the decision trees used in random forest regression are completely independent; there’s no interaction between them until their outputs are analyzed.

Random forest regression is an ensemble learning technique, meaning it combines the results (predictions) of several machine learning algorithms to create one final prediction.

Like decision tree regression, this one can be used in numerous industries.

The Importance of Regression in Machine Learning Is Immeasurable

Regression in machine learning is like a high-tech detective. It travels back in time, identifies valuable clues, and analyzes them thoroughly. Then, it uses the results to predict outcomes with high accuracy and precision. As such, regression found its way to all niches.

You can use it in sales to analyze the customers’ behavior and anticipate their future interests. You can also apply it in finance, whether to discover trends in prices or analyze the stock market. Regression is also used in education, the tech industry, weather forecasting, and many other spheres.

Every regression technique can be valuable, but only if you know how to use it to your advantage. Think of your scenario (variables you want to analyze) and find the best actor (regression technique) who can breathe new life into it.

Tens of thousands of businesses go under every year. There are various culprits, but one of the most common causes is the inability of companies to streamline their customer experience. Many technologies have emerged to save the day, one of which is natural language processing (NLP).

But what is natural language processing? In simple terms, it’s the capacity of computers and other machines to understand and synthesize human language.

It may already seem like it would be important in the business world and trust us – it is. Enterprises rely on this sophisticated technology to facilitate different language-related tasks. Plus, it enables machines to read and listen to language as well as interact with it in many other ways.

The applications of NLP are practically endless. It can translate and summarize texts, retrieve information in a heartbeat, and help set up virtual assistants, among other things.

Looking to learn more about these applications? You’ve come to the right place. Besides use cases, this introduction to natural language processing will cover the history, components, techniques, and challenges of NLP.

History of Natural Language Processing

Before getting to the nuts and bolts of NLP basics, this introduction to NLP will first examine how the technology has grown over the years.

Early Developments in NLP

Some people revolutionized our lives in many ways. For example, Alan Turing is credited with several groundbreaking advancements in mathematics. But did you also know he paved the way for modern computer science, and by extension, natural language processing?

In the 1950s, Turing wanted to learn if humans could talk to machines via teleprompter without noticing a major difference. If they could, he concluded the machine would be capable of thinking and speaking.

Turin’s proposal has since been used to gauge this ability of computers and is known as the Turing Test.

Evolution of NLP Techniques and Algorithms

Since Alan Turing set the stage for natural language processing, many masterminds and organizations have built upon his research:

• 1958 – John McCarthy launched his Locator/Identifier Separation Protocol.
• 1964 – Joseph Wizenbaum came up with a natural language processing model called ELIZA.
• 1980s – IBM developed an array of NLP-based statistical solutions.
• 1990s – Recurrent neural networks took center stage.

The Role of Artificial Intelligence and Machine Learning in NLP

Discussing NLP without mentioning artificial intelligence and machine learning is like leaving a glass half empty. So, what’s the role of these technologies in NLP? It’s pivotal, to say the least.

AI and machine learning are the cornerstone of most NLP applications. They’re the engine of the NLP features that produce text, allowing NLP apps to turn raw data into usable information.

Key Components of Natural Language Processing

The phrase building blocks get thrown around a lot in the computer science realm. It’s key to understanding different parts of this sphere, including natural language processing. So, without further ado, let’s rifle through the building blocks of NLP.

Syntax Analysis

An NLP tool without syntax analysis would be lost in translation. It’s a paramount stage since this is where the program extracts meaning from the provided information. In simple terms, the system learns what makes sense and what doesn’t. For instance, it rejects contradictory pieces of data close together, such as “cold Sun.”

Semantic Analysis

Understanding someone who jumbles up words is difficult or impossible altogether. NLP tools recognize this problem, which is why they undergo in-depth semantic analysis. The network hits the books, learning proper grammatical structures and word orders. It also determines how to connect individual words and phrases.

Pragmatic Analysis

A machine that relies only on syntax and semantic analysis would be too machine-like, which goes against Turing’s principles. Salvation comes in the form of pragmatic analysis. The NLP software uses knowledge outside the source (e.g., textbook or paper) to determine what the speaker actually wants to say.

Discourse Analysis

When talking to someone, there’s a point to your conversation. An NLP system is just like that, but it needs to go through extensive training to achieve the same level of discourse. That’s where discourse analysis comes in. It instructs the machine to use a coherent group of sentences that have a similar or the same theme.

Speech Recognition and Generation

Once all the above elements are perfected, it’s blast-off time. The NLP has everything it needs to recognize and generate speech. This is where the real magic happens – the system interacts with the user and starts using the same language. If each stage has been performed correctly, there should be no significant differences between real speech and NLP-based applications.

Natural Language Processing Techniques

Different analyses are common for most (if not all) NLP solutions. They all point in one direction, which is recognizing and generating speech. But just like Google Maps, the system can choose different routes. In this case, the routes are known as NLP techniques.

Rule-Based Approaches

Rule-based approaches might be the easiest NLP technique to understand. You feed your rules into the system, and the NLP tool synthesizes language based on them. If input data isn’t associated with any rule, it doesn’t recognize the information – simple as that.

Statistical Methods

If you go one level up on the complexity scale, you’ll see statistical NLP methods. They’re based on advanced calculations, which enable an NLP platform to predict data based on previous information.

Neural Networks and Deep Learning

You might be thinking: “Neural networks? That sounds like something out of a medical textbook.” Although that’s not quite correct, you’re on the right track. Neural networks are NLP techniques that feature interconnected nodes, imitating neural connections in your brain.

Deep learning is a sub-type of these networks. Basically, any neural network with at least three layers is considered a deep learning environment.

Transfer Learning and Pre-Trained Language Models

The internet is like a massive department store – you can find almost anything that comes to mind here. The list includes pre-trained language models. These models are trained on enormous quantities of data, eliminating the need for you to train them using your own information.

Transfer learning draws on this concept. By tweaking pre-trained models to accommodate a particular project, you perform a transfer learning maneuver.

Applications of Natural Language Processing

With so many cutting-edge processes underpinning NLP, it’s no surprise it has practically endless applications. Here are some of the most common natural language processing examples:

• Search engines and information retrieval – An NLP-based search engine understands your search intent to retrieve accurate information fast.
• Sentiment analysis and social media monitoring – NLP systems can even determine your emotional motivation and uncover the sentiment behind social media content.
• Machine translation and language understanding – NLP software is the go-to solution for fast translations and understanding complex languages to improve communication.
• Chatbots and virtual assistants – A state-of-the-art NLP environment is behind most chatbots and virtual assistants, which allows organizations to enhance customer support and other key segments.
• Text summarization and generation – A robust NLP infrastructure not only understands texts but also summarizes and generates texts of its own based on your input.

Challenges and Limitations of Natural Language Processing

Natural language processing in AI and machine learning is mighty but not almighty. There are setbacks to this technology, but given the speedy development of AI, they can be considered a mere speed bump for the time being:

• Ambiguity and complexity of human language – Human language keeps evolving, resulting in ambiguous structures NLP often struggles to grasp.
• Cultural and contextual nuances – With approximately 4,000 distinct cultures on the globe, it’s hard for an NLP system to understand the nuances of each.
• Data privacy and ethical concerns – As every NLP platform requires vast data, the methods for sourcing this data tend to trigger ethical concerns.
• Computational resources and computing power – The more polished an NLP tool becomes, the greater the computing power must be, which can be hard to achieve.

The Future of Natural Language Processing

The final part of our take on natural language processing in artificial intelligence asks a crucial question: What does the future hold for NLP?

• Advancements in artificial intelligence and machine learning – Will AI and machine learning advancements help NLP understand more complex and nuanced languages faster?
• Integration of NLP with other technologies – How well will NLP integrate with other technologies to facilitate personal and corporate use?
• Personalized and adaptive language models – Can you expect developers to come up with personalized and adaptive language models to accommodate those with speech disorders better?
• Ethical considerations and guidelines for NLP development – How will the spearheads of NLP development address ethical problems if the technology requires more and more data to execute?

The Potential of Natural Language Processing Is Unrivaled

It’s hard to find a technology that’s more important for today’s businesses and society as a whole than natural language processing. It streamlines communication, enabling people from all over the world to connect with each other.

The impact of NLP will amplify if the developers of this technology can address the above risks. By honing the software with other platforms while minimizing privacy issues, they can dispel any concerns associated with it.

If you want to learn more about NLP, don’t stop here. Use these natural language processing notes as a stepping stone for in-depth research. Also, consider an NLP course to gain a deep understanding of this topic.

The human brain is among the most complicated organs and one of nature’s most amazing creations. The brain’s capacity is considered limitless; there isn’t a thing it can’t remember. Although many often don’t think about it, the processes that happen in the mind are fascinating.

As technology evolved over the years, scientists figured out a way to make machines think like humans, and this process is called machine learning. Like cars need fuel to operate, machines need data and algorithms. With the application of adequate techniques, machines can learn from this data and even improve their accuracy as time passes.

Two basic machine learning approaches are supervised and unsupervised learning. You can already assume the biggest difference between them based on their names. With supervised learning, you have a “teacher” who shows the machine how to analyze specific data. Unsupervised learning is completely independent, meaning there are no teachers or guides.

This article will talk more about supervised and unsupervised learning, outline their differences, and introduce examples.

Supervised Learning

Imagine a teacher trying to teach their young students to write the letter “A.” The teacher will first set an example by writing the letter on the board, and the students will follow. After some time, the students will be able to write the letter without assistance.

Supervised machine learning is very similar to this situation. In this case, you (the teacher) train the machine using labeled data. Such data already contains the right answer to a particular situation. The machine then uses this training data to learn a pattern and applies it to all new datasets.

Note that the role of a teacher is essential. The provided labeled datasets are the foundation of the machine’s learning process. If you withhold these datasets or don’t label them correctly, you won’t get any (relevant) results.

Supervised learning is complex, but we can understand it through a simple real-life example.

Suppose you have a basket filled with red apples, strawberries, and pears and want to train a machine to identify these fruits. You’ll teach the machine the basic characteristics of each fruit found in the basket, focusing on the color, size, shape, and other relevant features. If you introduce a “new” strawberry to the basket, the machine will analyze its appearance and label it as “strawberry” based on the knowledge it acquired during training.

Types of Supervised Learning

You can divide supervised learning into two types:

• Classification – You can train machines to classify data into categories based on different characteristics. The fruit basket example is the perfect representation of this scenario.
• Regression – You can train machines to use specific data to make future predictions and identify trends.

Supervised Learning Algorithms

Supervised learning uses different algorithms to function:

• Linear regression – It identifies a linear relationship between an independent and a dependent variable.
• Logistic regression – It typically predicts binary outcomes (yes/no, true/false) and is important for classification purposes.
• Support vector machines – They use high-dimensional features to map data that can’t be separated by a linear line.
• Decision trees – They predict outcomes and classify data using tree-like structures.
• Random forests – They analyze several decision trees to come up with a unique prediction/result.
• Neural networks – They process data in a unique way, very similar to the human brain.

Supervised Learning: Examples and Applications

There’s no better way to understand supervised learning than through examples. Let’s dive into the real estate world.

Suppose you’re a real estate agent and need to predict the prices of different properties in your city. The first thing you’ll need to do is feed your machine existing data about available houses in the area. Factors like square footage, amenities, a backyard/garden, the number of rooms, and available furniture, are all relevant factors. Then, you need to “teach” the machine the prices of different properties. The more, the better.

A large dataset will help your machine pick up on seemingly minor but significant trends affecting the price. Once your machine processes this data and you introduce a new property to it, it will be able to cross-reference its features with the existing database and come up with an accurate price prediction.

The applications of supervised learning are vast. Here are the most popular ones:

• Sales – Predicting customers’ purchasing behavior and trends
• Finance – Predicting stock market fluctuations, price changes, expenses, etc.
• Healthcare – Predicting risk of diseases and infections, surgery outcomes, necessary medications, etc.
• Weather forecasts – Predicting temperature, humidity, atmospheric pressure, wind speed, etc.
• Face recognition – Identifying people in photos

Unsupervised Learning

Imagine a family with a baby and a dog. The dog lives inside the house, so the baby is used to it and expresses positive emotions toward it. A month later, a friend comes to visit, and they bring their dog. The baby hasn’t seen the dog before, but she starts smiling as soon as she sees it.

Why?

Because the baby was able to draw her own conclusions based on the new dog’s appearance: two ears, tail, nose, tongue sticking out, and maybe even a specific noise (barking). Since the baby has positive emotions toward the house dog, she also reacts positively to a new, unknown dog.

This is a real-life example of unsupervised learning. Nobody taught the baby about dogs, but she still managed to make accurate conclusions.

With supervised machine learning, you have a teacher who trains the machine. This isn’t the case with unsupervised learning. Here, it’s necessary to give the machine freedom to explore and discover information. Therefore, this machine learning approach deals with unlabeled data.

Types of Unsupervised Learning

There are two types of unsupervised learning:

• Clustering – Grouping uncategorized data based on their common features.
• Dimensionality reduction – Reducing the number of variables, features, or columns to capture the essence of the available information.

Unsupervised Learning Algorithms

Unsupervised learning relies on these algorithms:

• K-means clustering – It identifies similar features and groups them into clusters.
• Hierarchical clustering – It identifies similarities and differences between data and groups them hierarchically.
• Principal component analysis (PCA) – It reduces data dimensionality while boosting interpretability.
• Independent component analysis (ICA) – It separates independent sources from mixed signals.
• T-distributed stochastic neighbor embedding (t-SNE) – It explores and visualizes high-dimensional data.

Unsupervised Learning: Examples and Applications

Let’s see how unsupervised learning is used in customer segmentation.

Suppose you work for a company that wants to learn more about its customers to build more effective marketing campaigns and sell more products. You can use unsupervised machine learning to analyze characteristics like gender, age, education, location, and income. This approach is able to discover who purchases your products more often. After getting the results, you can come up with strategies to push the product more.

Unsupervised learning is often used in the same industries as supervised learning but with different purposes. For example, both approaches are used in sales. Supervised learning can accurately predict prices relying on past data. On the other hand, unsupervised learning analyzes the customers’ behaviors. The combination of the two approaches results in a quality marketing strategy that can attract more buyers and boost sales.

Another example is traffic. Supervised learning can provide an ETA to a destination, while unsupervised learning digs a bit deeper and often looks at the bigger picture. It can analyze a specific area to pinpoint accident-prone locations.

Differences Between Supervised and Unsupervised Learning

These are the crucial differences between the two machine learning approaches:

• Data labeling – Supervised learning uses labeled datasets, while unsupervised learning uses unlabeled, “raw” data. In other words, the former requires training, while the latter works independently to discover information.
• Algorithm complexity – Unsupervised learning requires more complex algorithms and powerful tools that can handle vast amounts of data. This is both a drawback and an advantage. Since it operates on complex algorithms, it’s capable of handling larger, more complicated datasets, which isn’t a characteristic of supervised learning.
• Use cases and applications – The two approaches can be used in the same industries but with different purposes. For example, supervised learning is used in predicting prices, while unsupervised learning is used in detecting customers’ behavior or anomalies.
• Evaluation metrics – Supervised learning tends to be more accurate (at least for now). Machines still require a bit of our input to display accurate results.

Choose Wisely

Do you need to teach your machine different data, or can you trust it to handle the analysis on its own? Think about what you want to analyze. Unsupervised and supervised learning may sound similar, but they have different uses. Choosing an inadequate approach leads to unreliable, irrelevant results.

Supervised learning is still more popular than unsupervised learning because it offers more accurate results. However, this approach can’t handle larger, complex datasets and requires human intervention, which isn’t the case with unsupervised learning. Therefore, we may see a rise in the popularity of the unsupervised approach, especially as the technology evolves and enables more accuracy.

The term “big data” is self-explanatory: it’s a large collection of data. However, to be classified as “big,” data needs to meet specific criteria. Big data is huge in volume, gets even bigger over time, arrives with ever-higher velocity, and is so complex that no traditional tools can handle it.

Big data analytics is the (complex) process of analyzing these huge chunks of data to discover different information. The process is especially important for small companies that use the uncovered information to design marketing strategies, conduct market research, and follow the latest industry trends.

In this introduction to big data analytics, we’ll dig deep into big data and uncover ways to analyze it. We’ll also explore its (relatively short) history and evolution and present its advantages and drawbacks.

History and Evolution of Big Data

We’ll start this introduction to big data with a short history lesson. After all, we can’t fully answer the “what is big data?” question if we don’t know its origins.

Let’s turn on our time machine and go back to the 1960s. That’s when the first major change that marked the beginning of the big data era took place. The advanced development of data centers, databases, and innovative processing methods facilitated the rise of big data.

Relational databases (storing and offering access to interconnected data points) have become increasingly popular. While people had ways to store data much earlier, experts consider that this decade set the foundations for the development of big data.

The next major milestone was the emergence of the internet and the exponential growth of data. This incredible invention made handling and analyzing large chunks of information possible. As the internet developed, big data technologies and tools became more advanced.

This leads us to the final destination of short time travel: the development of big data analytics, i.e., processes that allow us to “digest” big data. Since we’re witnessing exceptional technological developments, the big data journey is yet to continue. We can only expect the industry to advance further and offer more options.

Big Data Technologies and Tools

What tools and technologies are used to decipher big data and offer value?

Data Storage and Management

Data storage and management tools are like virtual warehouses where you can pack up your big data safely and work with it as needed. These tools feature a powerful infrastructure that lets you access and fetch the desired information quickly and easily.

Data Processing and Analytics Framework

Processing and analyzing huge amounts of data are no walk in the park. But they can be, thanks to specific tools and technologies. These valuable allies can clean and transform large piles of information into data you can use to pursue your goals.

Machine Learning and Artificial Intelligence Platforms

Machine learning and artificial intelligence platforms “eat” big data and perform a wide array of functions based on the discoveries. These technologies can come in handy with testing hypotheses and making important decisions. Best of all, they require minimal human input; you can relax while AI works its magic.

Data Visualization Tools

Making sense of large amounts of data and presenting it to investors, stakeholders, and team members can feel like a nightmare. Fortunately, you can turn this nightmare into a dream come true with big data visualization tools. Thanks to the tools, creating stunning graphs, dashboards, charts, and tables and impressing your coworkers and superiors has never been easier.

Big Data Analytics Techniques and Methods

What techniques and methods are used in big data analytics? Let’s find the answer.

Descriptive Analytics

Descriptive analytics is like a magic wand that turns raw data into something people can read and understand. Whether you want to generate reports, present data on a company’s revenue, or analyze social media metrics, descriptive analytics is the way to go.

It’s mostly used for:

• Data summarization and aggregation
• Data visualization

Diagnostic Analytics

Have a problem and want to get detailed insight into it? Diagnostic analytics can help. It identifies the root of an issue, helping you figure out your next move.

Some methods used in diagnostic analytics are:

• Data mining
• Root cause analysis

Predictive Analytics

Predictive analytics is like a psychic that looks into the future to predict different trends.

Predictive analytics often uses:

• Regression analysis
• Time series analysis

Prescriptive Analytics

Prescriptive analytics is an almighty problem-solver. It usually joins forces with descriptive and predictive analytics to offer an ideal solution to a particular problem.

Some methods prescriptive analytics uses are:

• Optimization techniques
• Simulation and modeling

Applications of Big Data Analytics

Big data analytics has found its home in many industries. It’s like the not-so-secret ingredient that can make the most of any niche and lead to desired results.

Business and Finance

How do business and finance benefit from big data analytics? These industries can flourish through better decision-making, investment planning, fraud detection and prevention, and customer segmentation and targeting.

Healthcare

Healthcare is another industry that benefits from big data analytics. In healthcare, big data is used to create patient databases, personal treatment plans, and electronic health records. This data also serves as an excellent foundation for accurate statistics about treatments, diseases, patient backgrounds, risk factors, etc.

Government and Public Sector

Big data analytics has an important role in government and the public sector. Analyzing different data improves efficiency in terms of costs, innovation, crime prediction and prevention, and workforce. Multiple government parts often need to work together to get the best results.

As technology advances, big data analytics has found another major use in the government and public sector: smart cities and infrastructure. With precise and thorough analysis, it’s possible to bring innovation and progress and implement the latest features and digital solutions.

Sports and Entertainment

Sports and entertainment are all about analyzing the past to predict the future and improve performance. Whether it’s analyzing players to create winning strategies or attracting the audience and freshening up the content, big data analytics is like a valuable player everyone wants on their team.

Challenges and Ethical Considerations in Big Data Analytics

Big data analytics represent doors to new worlds of information. But opening these doors often comes with certain challenges and ethical considerations.

Data Privacy and Security

One of the major challenges (and the reason some people aren’t fans of big data analytics) is data privacy and security. The mere fact that personal information can be used in big data analytics can make individuals feel exploited. Since data breaches and identity thefts are, unfortunately, becoming more common, it’s no surprise some people feel this way.

Fortunately, laws like GDPR and CCPA give individuals more control over the information others can collect from them.

Data Quality and Accuracy

Big data analytics can sometimes be a dead end. If the material wasn’t handled correctly, or the data was incomplete to start with, the results themselves won’t be adequate.

Algorithmic Bias and Fairness

Big data analytics is based on algorithms, which are designed by humans. Hence, it’s not unusual to assume that these algorithms can be biased (or unfair) due to human prejudices.

Ethical Use of Big Data Analytics

The ethical use of big data analytics concerns the “right” and “wrong” in terms of data usage. Can big data’s potential be exploited to the fullest without affecting people’s right to privacy?

Future Trends and Opportunities in Big Data Analytics

Although it has proven useful in many industries, big data analytics is still relatively young and unexplored.

Integration of Big Data Analytics With Emerging Technologies

It seems that new technologies appear in the blink of an eye. Our reality today (in a technological sense) looks much different than just two or three years ago. Big data analytics is now intertwined with emerging technologies that give it extra power, accuracy, and quality.

Cloud computing, advanced databases, the Internet of Things (IoT), and blockchain are only some of the technologies that shape big data analytics and turn it into a powerful giant.

Advancements in Machine Learning and Artificial Intelligence

Machines may not replace us (at least not yet), but it’s impossible to deny their potential in many industries, including big data analytics. Machine learning and artificial intelligence allow for analyzing huge amounts of data in a short timeframe.

Machines can “learn” from their own experience and use this knowledge to make more accurate predictions. They can pinpoint unique patterns in piles of information and estimate what will happen next.

New Applications and Industries Adopting Big Data Analytics

One of the best characteristics of big data analytics is its versatility and flexibility. Accordingly, many industries use big data analytics to improve their processes and achieve goals using reliable information.

Every day, big data analytics finds “new homes” in different branches and niches. From entertainment and medicine to gambling and architecture, it’s impossible to ignore the importance of big data and the insights it can offer.

These days, we recognize the rise of big data analytics in education (personalized learning) and agriculture (environmental monitoring).

Workforce Development and Education in Big Data Analytics

Analyzing big data is impossible without the workforce capable of “translating” the results and adopting emerging technologies. As big data analytics continues to develop, it’s vital not to forget about the cog in the wheel that holds everything together: trained personnel. As technology evolves, specialists need to continue their education (through training and certification programs) to stay current and reap the many benefits of big data analytics.

Turn Data to Your Advantage

Whatever industry you’re in, you probably have goals you want to achieve. Naturally, you want to achieve them as soon as possible and enjoy the best results. Instead of spending hours and hours going through piles of information, you can use big data analytics as a shortcut. Different types of big data technologies can help you improve efficiency, analyze risks, create targeted promotions, attract an audience, and, ultimately, increase revenue.

While big data offers many benefits, it’s also important to be aware of the potential risks, including privacy concerns and data quality.

Since the industry is changing (faster than many anticipated), you should stay informed and engaged if you want to enjoy its advantages.