Industry data science usage

This book is about Jupyter and data science. We have the introduction to Jupyter. Now, we can look at data science practices and then see how the two concepts work together.

Data science is used in many industries. It is interesting to note the predominant technologies involved and algorithms used by industry. We can see the same technologies available within Jupyter.

Some of the industries that are larger users of data science include:

Industry

Larger data science use

Technology/algorithms

Finance

Hedge funds

Python

Gambling

Establish odds

R

Insurance

Measure and price risk

Domino (R)

Retail banking

Risk, customer analytics, product analytics

R

Mining

Smart exploration, yield optimization

Python

Consumer products

Pricing and distribution

R

Healthcare

Drug discovery and trials

Python

All of these data science investigations could be done in Jupyter, as the languages used are fully supported.
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