Life Cycle of Data Science
Most Data Science projects, regardless of industry, follow a broadly similar life cycle - a repeatable sequence of stages that takes a business problem all the way to a working, monitored solution.
1. Problem Definition
Clearly identifying the business question - for example, "which customers are likely to cancel their subscription next month?"
2. Data Collection
Gathering relevant data from databases, APIs, logs, or external sources needed to address the problem.
3. Data Cleaning and Preparation
Handling missing values, duplicates, and formatting issues so the data is reliable enough to analyse.
4. Exploratory Data Analysis
Studying the data through summaries and visualisations to uncover patterns and generate hypotheses.
5. Modeling
Applying statistical or machine learning techniques to build a model that addresses the original question.
6. Evaluation
Testing the model on unseen data to check whether it performs well enough to be useful in practice.
7. Deployment and Monitoring
Putting the model into production, and continuing to monitor its performance since real-world data patterns can shift over time.
Coming Up Next
Next, you'll get an overview of the common tools used across the Data Science life cycle.