Data Wiki

| Data Science

01 | What is data science?

Data science is a study of data that uses scientific methods, processes, algorithms and systems to extract knowledge and insights from many structural and unstructured data.

02 | Why is Data Science important?

Many small as well as large enterprises are striving to be data-driven organizations. Data is an unmistakable asset that key strategic and business decisions can be based on. This is where data science can provide many answers. With a radical increase in the amount of data, using machine learning algorithms and AI, data science can predict, recommend, and provide functional insights to deliver high ROI on data initiatives.

03 | Where is Data Science used?

Some of the ways Data Science can be used for:​

  • Prediction

  • Suggestions

  • Forecast

  • Recognition

  • Insights

  • Anomaly detection

  • Pattern detection

  • Decision making