data science definition

This definition is part of our Essential Guide: Guide to big data analytics tools, trends and best practices
Contributor(s): Emily McLaughlin

Data science is the study of where information comes from, what it represents and how it can be turned into a valuable resource in the creation of business and IT strategies

Mining large amounts of structured and unstructured data to identify patterns can help an organization rein in costs, increase efficiencies, recognize new market opportunities and increase the organization's competitive advantage. Some companies are hiring data scientists to help them turn raw data into information. To be effective, such individuals must possess emotional intelligence in addition to education and experience in data analytics.

 

 

 

 

 

This was first published in September 2012

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