What is Data Science?
Data science is crucial in today's data-driven world because it enables organizations to harness the power of their data to gain a competitive edge, improve operational efficiency, enhance customer experiences, and drive innovation. By turning raw data into actionable insights, data science helps businesses make informed decisions, optimize strategies, and address complex problems with evidence-based solutions. Data Science aims to extract meaningful insights and knowledge from data to support decision-making processes
Data Science Process
Data science focus is understanding patterns, trends, and relationships within data to inform decision-making and generate actionable insights. Data Science utilizes statistical methods, data cleaning, exploratory data analysis (EDA), machine learning algorithms and data visualization tools and deploy them to produce insights that help organizations make data-driven decisions. These insights could be in the form of reports, visualizations or predictive models. That allow the organization to enhance decision-making capabilities, provide deeper insights into business operations, and help in identifying opportunities and risks.
