{"id":2111,"date":"2021-06-23T00:49:38","date_gmt":"2021-06-22T19:19:38","guid":{"rendered":"https:\/\/www.brainwareuniversity.ac.in\/blog\/?p=2111"},"modified":"2022-07-06T17:45:12","modified_gmt":"2022-07-06T12:15:12","slug":"data-is-the-new-oil-data-science-is-the-new-dimension","status":"publish","type":"post","link":"https:\/\/www.brainwareuniversity.ac.in\/blog\/data-is-the-new-oil-data-science-is-the-new-dimension\/","title":{"rendered":"Data is the new oil, Data Science is the New Dimension"},"content":{"rendered":"\r\n<p>In 2017, an article in the famous daily claimed, the most valuable resource in the world is no longer oil, but data. Since its publication, the topic has generated much discussion, and &#8220;Data is the new oil&#8221; has become a common refrain. Many industry experts believe that data, not oil, is now the world&#8217;s most valuable resource.<\/p>\r\n\r\n\r\n\r\n<p><strong>Data science<\/strong> is about enriching and improving data for the business. Businesses require trained data scientists to process and analyze their data. They not only analyze the data, but also improve its quality. As data is the future, and hold a lot of importance in today\u2019s world, the possibilities around this particular domain also increases in leaps<br>and bounds.<\/p>\r\n\r\n\r\n\r\n<p>Data Science is beyond just data, its about the methods, processes, algorithms, systems, to extract knowledge from structured and unstructured data. Let&#8217;s take a look at the benefits of data science.<\/p>\r\n\r\n\r\n\r\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-1 wp-block-columns-is-layout-flex\">\r\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis: 100%;\">\r\n<div class=\"wp-block-group\">\r\n<div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\r\n<div class=\"wp-block-group\">\r\n<div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\r\n<div class=\"wp-block-group\">\r\n<div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\r\n<ul class=\"wp-block-list\">\r\n<li>It is in demand<\/li>\r\n<li>Abundance of positions<\/li>\r\n<li>A highly paid career<\/li>\r\n<li>Data science is versatile<\/li>\r\n<\/ul>\r\n<\/div>\r\n<\/div>\r\n\r\n\r\n\r\n<p>Data science improves data. According to the renowned daily, &#8220;Data Science is the fastest growing job on Linked-in and is projected to create 11.5 million jobs in 2026.&#8221; For this reason, data science is a highly employable job sector. The field of data science is in high demand but in short supply of data scientists.<\/p>\r\n\r\n\r\n\r\n<p>The number of people who have the necessary skills is less. Data science is a very lucrative career option due to its high paying jobs. The application of data science is numerous. From banking to healthcare, it has proven its versatility. Businesses require trained data scientists to process and analyze their data. They not only analyze the data, but also improve its quality.<\/p>\r\n\r\n\r\n\r\n<p><strong>What do data scientists do?<\/strong><br>Most of the data scientists in the industry have advanced and been trained in statistics, mathematics, and<strong> <a href=\"https:\/\/www.brainwareuniversity.ac.in\/computational-science.php\" target=\"_blank\" rel=\"noreferrer noopener\">computer science<\/a><\/strong>. His experience is a vast horizon that also extends to data visualization, data mining and information management.<\/p>\r\n\r\n\r\n\r\n<p>Pursuing a career in data science is a smart move, not just because it&#8217;s hot and it pays well, but because data can very well be the pivot point around which the entire economy revolves. Data science careers are in high demand, but there is a skilled and skilled workforce shortage. To excel in a career in data science, you need to be highly<br>efficient.<\/p>\r\n\r\n\r\n\r\n<p>After completing 12th, one can opt for Data Science as their undergraduate degree, having a science background in 10 + 2 is a must. <strong><a href=\"https:\/\/www.brainwareuniversity.ac.in\/computational-science.php\" target=\"_blank\" rel=\"noreferrer noopener\">B.Tech in CSE-Data Science<\/a><\/strong>, is a 4-year program, aims to create competent professionals based on modern industrial needs.<\/p>\r\n\r\n\r\n\r\n<div class=\"wp-block-group\">\r\n<div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\r\n<div class=\"wp-block-group\">\r\n<div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\r\n<div class=\"wp-block-group\">\r\n<div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\r\n<p class=\"has-text-align-left\">Several private universities in Kolkata offer a <strong style=\"user-select: auto;\"><a style=\"user-select: auto;\" href=\"https:\/\/www.brainwareuniversity.ac.in\/apply-now.php#\" target=\"_blank\" rel=\"noreferrer noopener\">B.Tech CSE degree in data science<\/a><\/strong>, the names of the universities and the fee structure are mentioned below:<\/p>\r\n\r\n\r\n\r\n<div class=\"wp-block-group\">\r\n<div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\r\n<ul class=\"wp-block-list\">\r\n<li><strong style=\"user-select: auto;\"><a href=\"https:\/\/www.brainwareuniversity.ac.in\/\" target=\"_blank\" rel=\"noreferrer noopener\">Brainware University<\/a> -4.34L<\/strong><\/li>\r\n<li>University of Engineering and Management- \u20b9 5.81 L<\/li>\r\n<li>Neotia University -4.58 L<\/li>\r\n<\/ul>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n\r\n\r\n\r\n<p><br>Brainware University happens to be the favorite destination of aspiring students, who want to prosper in their career in their desired field. With a supportive faculty, state-of-the-art infrastructure, great campus life, and 360-degree placement guidance, you can never go wrong with <strong><a href=\"https:\/\/www.brainwareuniversity.ac.in\/\" target=\"_blank\" rel=\"noreferrer noopener\">Brainware University<\/a><\/strong>.<\/p>\r\n\r\n\r\n\r\n<p>The university holds the record for placement and has never dropped below 90% since its inception. With notable<br>features like Microsoft, Red Hat, and Oracle certification and hands-on training and projects covering database administration, the university plans its mapped curriculum after analyzing industry needs.<\/p>\r\n\r\n\r\n\r\n<p>Bootcamp, the <a href=\"https:\/\/www.brainwareuniversity.ac.in\/pre-placement.php\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>pre-placement training<\/strong><\/a> procedure is a boon for the students and that has created a great impression on the professional and personal growth of the students. Data science is an ever-evolving field that will take years to become proficient.<\/p>\r\n\r\n\r\n\r\n<p><br>Launching a career in an ever-emerging field like data science is a great decision.<\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>In 2017, an article in the famous daily claimed, the most valuable resource in the world is no longer oil, but data. Since its publication, the topic has generated much discussion, and &#8220;Data is the new oil&#8221; has become a common refrain. Many industry experts believe that data, not oil, is now the world&#8217;s most valuable resource.<\/p>\n","protected":false},"author":1,"featured_media":2119,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[657,6],"tags":[500,617,316,25],"class_list":["post-2111","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-btech-in-cse","category-career-guidance","tag-big-data-management","tag-data-science-course-in-kolkata","tag-engineering-courses","tag-top-engineering-colleges-in-kolkata"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Data is the new oil, Data Science is the New Dimension<\/title>\n<meta name=\"description\" content=\"In the 21st century data is the new oil and with this, the value of a degree in data science has increased enormously. Read the article to know the details.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.brainwareuniversity.ac.in\/blog\/data-is-the-new-oil-data-science-is-the-new-dimension\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Data is the new oil, Data Science is the New Dimension\" \/>\n<meta property=\"og:description\" content=\"In the 21st century data is the new oil and with this, the value of a degree in data science has increased enormously. Read the article to know the details.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.brainwareuniversity.ac.in\/blog\/data-is-the-new-oil-data-science-is-the-new-dimension\/\" \/>\n<meta property=\"og:site_name\" content=\"Brainware University Blogs\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/brainwareuniversity\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-22T19:19:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-07-06T12:15:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.brainwareuniversity.ac.in\/blog\/wp-content\/uploads\/2021\/06\/data-science-620x620.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Brainware University\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@brainwaretweet\" \/>\n<meta name=\"twitter:site\" content=\"@brainwaretweet\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Brainware University\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.brainwareuniversity.ac.in\/blog\/data-is-the-new-oil-data-science-is-the-new-dimension\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.brainwareuniversity.ac.in\/blog\/data-is-the-new-oil-data-science-is-the-new-dimension\/\"},\"author\":{\"name\":\"Brainware University\",\"@id\":\"https:\/\/www.brainwareuniversity.ac.in\/blog\/#\/schema\/person\/de2433094b06bb748700f3d8882e1618\"},\"headline\":\"Data is the new oil, Data Science is the New Dimension\",\"datePublished\":\"2021-06-22T19:19:38+00:00\",\"dateModified\":\"2022-07-06T12:15:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.brainwareuniversity.ac.in\/blog\/data-is-the-new-oil-data-science-is-the-new-dimension\/\"},\"wordCount\":612,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.brainwareuniversity.ac.in\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.brainwareuniversity.ac.in\/blog\/data-is-the-new-oil-data-science-is-the-new-dimension\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.brainwareuniversity.ac.in\/blog\/wp-content\/uploads\/2021\/06\/data-science-620x620.jpg\",\"keywords\":[\"Big data management\",\"data science course in kolkata\",\"engineering courses\",\"top engineering colleges in kolkata\"],\"articleSection\":[\"BTech in CSE\",\"Career Guidance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.brainwareuniversity.ac.in\/blog\/data-is-the-new-oil-data-science-is-the-new-dimension\/\",\"url\":\"https:\/\/www.brainwareuniversity.ac.in\/blog\/data-is-the-new-oil-data-science-is-the-new-dimension\/\",\"name\":\"Data is the new oil, Data Science is the New Dimension\",\"isPartOf\":{\"@id\":\"https:\/\/www.brainwareuniversity.ac.in\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.brainwareuniversity.ac.in\/blog\/data-is-the-new-oil-data-science-is-the-new-dimension\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.brainwareuniversity.ac.in\/blog\/data-is-the-new-oil-data-science-is-the-new-dimension\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.brainwareuniversity.ac.in\/blog\/wp-content\/uploads\/2021\/06\/data-science-620x620.jpg\",\"datePublished\":\"2021-06-22T19:19:38+00:00\",\"dateModified\":\"2022-07-06T12:15:12+00:00\",\"description\":\"In the 21st century data is the new oil and with this, the value of a degree in data science has increased enormously. 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