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What is data science?
Data science is the study of data to extract meaningful business insights. This multidisciplinary approach combines principles and practices from mathematics, statistics, artificial intelligence and computer engineering to analyze large quantities of data. The analysis allows data scientists to ask and answer questions such as what happened, why it happened, what will happen and what can be done with the results.
Why is data science important?
Data science matters because it combines tools, methods and technology to derive meaning from data. Modern organizations are flooded with data as more devices automatically collect and store information. Online systems and payment portals capture increasing amounts of data in e-commerce, medicine, finance and other areas of human life. Large volumes of text, audio, video and image data are available.
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