Applications and Role of Data Science

A company has to deal with a lot of data like salaries, employee data, customer data, customer feedback etc. This data can be in both unstructured and structured form. A company will always want this data to be simple and concise so that it can make better, accurate decisions and future policies. This is when data science comes in handy.

Data science helps customers make the right decisions with the right information from huge amounts of messy data. Data scientists use their strong skills in mathematics, business, programming and statistics to clean and organize data into useful information and reveal hidden patterns, trends and correlations.

Applications of Data Science

It has now become an indispensable and integral part of industries such as risk management, market analytics, market optimization, fraud detection and public policies. Using statics, machine learning and predictive modeling, data science is helping industries in various…

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