data science

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.

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What should be in a CIO’s IT strategic plan?

This complimentary document comprehensively details the elements of a strategic IT plan that are common across the board – from identifying technology gaps and risks to allocating IT resources and capabilities. The SearchCIO.com team has compiled its most effective, most objective, most valued feedback into this single document that’s guaranteed to help you better select, manage, and track IT projects for superior service delivery.

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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. Data scientists must possess a combination of analytic, machine learning, data mining and statistical skills as well as experience with algorithms and coding. Perhaps the most important skill a data scientist possesses, however, is the ability to explain the significance of data in a way that can be easily understood by others.