THE GOAL OF DATA SCIENCE IS TO GAIN INSIGHTS FROM DATA
Why Data science?
With increasing digitization, more and more data is being generated that can be analyzed using suitable algorithms.
The use cases are very complex. From visualizations and summary statistics to prognostics, information can be
extracted to simplify our lives. In many cases, this analysis can be automated and scaled so that a successful business
model can be built on it.
However, data analytics is not only relevant for data science startups, but for any business. On one hand, the
automation potential for digital processes is high and on the other hand, the analysis of customer data, for example,
helps to better understand customer needs.
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