The term ‘data science’, as “the science of dealing with data”, however, was initially used by the Danish computer science pioneer and Turing award winner Peter Naur in 1960, as a substitute for computer science. Today’s data science is certainly a combination of statistics, mathematics, algorithms, engineering chops, and communication and management skills.
The industries currently making the largest investments in big data and analytics solutions are banking, discrete manufacturing, and professional services.
As VIL strategic technology partner, IBM is heading the end-to-end implementation and management of the company.
It will be interesting to see how this wave of e-learning becomes the next big step for talent acquisition, disrupting two industries at once - Education and Hiring.
According to Edureka, it will provide scholarships up to Rs 1,50,000 with the motive to select learners of the course, which will be based on the results of a scholarship test.
As per the McKinsey Global Institute report 2017, there is 43% of automation potential for insurance and finance industries. It is also estimated that by the year 2025, up to 25% of the task force in the insurance industry may be merged or replaced, especially in operations and administrative support. Currently, the insurance industry is looking at use cases for intelligent automation that will uplift the efficiency of the current processes and reduce the operational costs at the same time.
