why data science

Question

Why do we need data science?

Answer 1

In today's world, every organization is producing a huge amount of data and to maintain that huge data, the organization needs someone to manage that data. A Data Scientist will use his/her tools to sculpt through all this huge amount of data and carve out important observations that will help corporations to make helpful decisions for the company.  This is the main importance of data science that is it helps the organization to make future decisions, detect frauds and risks. Data scientists are prepared to classify the data that stands out in an unusual way. They generate a demographic, network, path, and big data methodologies for auspicious fraud ability models and use those models to design alerts that will help in guaranteeing timely acknowledgments when the unusual data is identified.