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How does data science affect the business world?

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Mathematics expert with 10 years of experience in teaching.

Data science work in simple words is just finding such a data which can create potential customers for building businesses. Nothing like a rocket science. Here concepts are easy but more in numbers. Have a great business
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Online Mathematics tutor with 4 years experience(Online Classes for 10th to 12th)

Data science work in simple words is just finding such a data which can create potential customers for building businesses. Nothing like a rocket science. Here concepts are easy but more in numbers. Have a great business
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Data Analyst with 10 years of experience in Fintech, Product ,and IT Services

Data science is like a super tool for businesses, helping them make smart decisions and stay ahead of the competition. It involves analyzing lots of data to find patterns and insights. This can help companies understand what their customers really want, leading to better products and personalized ads....
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Data science is like a super tool for businesses, helping them make smart decisions and stay ahead of the competition. It involves analyzing lots of data to find patterns and insights. This can help companies understand what their customers really want, leading to better products and personalized ads. It also makes operations smoother and more cost-effective by finding the best ways to do things. Plus, it can predict future trends, so businesses know what to expect and plan for. By spotting risks early and coming up with new ideas based on real data, data science plays a big role in growing businesses and making them more successful.

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Related Questions

Which are the best course, big data or data science, for beginners with a non-tech background?
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Priya

Currently I am working as a tester now, and looking to get trained in Data scientist.

Will that be a good decision, if I change my stream and move to data scientist field ?

Yes, I used to work in software testing in 2014. After, my master's from IIT Guwahati, now I am working as a research engineer in Machine learning domain. Data Science is a beautiful field. It involves...
Venkata

Is that possible to do machine learning and Data science course after B.com, MBA Finance and marketing students and how is career growth? 

People from any background can learn Machine Learning & Data Science concepts. But all it requires is you need to stay focus and continuous practice. It can be applied in any domain like Finance, Marketing,...
Priya
Hi, currently I am working as associate systems engineer. But I am really interested in data science. How can I become a data scientist. Please suggest me a path.
Let me comprehend based on my 20 years of working experience. You need to know few things to become a data scientist. 1) Statistics and Mathematics : It is like a doctor having good understanding of...
Vamsi

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