Data science is a multidisciplinary field focused on finding actionable insights from large sets of raw and structured data.
Data science experts not only do exploratory analysis to discover insights from it, but also use several different techniques to obtain answers, incorporating computer science, predictive analytics, statistics, and machine learning to parse through massive datasets in order to identify the occurrence of a particular event in the future.
A Data Scientist will look at the data from many angles, sometimes angles not known earlier.
IT organisations need to address their complex and expanding data environments in order to identify new value sources, exploit opportunities, and grow or optimise themselves efficiently.
Data Science is disrupting the way we do business. Here are some examples of how dat science is being applied in various domains like Banking, Retail, Manufacturing, Transport, Healthcare, Ecommerce, etc.