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What is Data Science and why is it important for your business?

Data science is a multidisciplinary blend of data inference, algorithm development, and technology in order to solve analytically complex problems. At the core is data. Troves of raw information, streaming in and stored in enterprise data warehouses. Much to learn by mining it.

Since Data Science is not a single domain, it includes a variety of tools and techniques in order to get the right data, make sense of it and convert it into business insights. It is the combination of man and machine in equal measure. For some tasks humans are good but for some other tasks machines are good at it. So it is about doing what one does best. When it comes to research, intellectual curiosity and such other skills, humans are very good at it. When it comes to automation of repeated tasks, machines are unbeatable.

The role of a data scientist is all about playing with big numbers. It is about making sense of the numbers and hence mathematics especially statistics plays a vital part in the day to day routine of a data scientist. Some of the aspects that are important when it comes to the domain of statistics include: Calculus, Probability, Linear Algebra among other skills. Get in touch now to leverage our Data Science experts!

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