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My vision is that I can give the keys to my businesses to manage their data and run their data on their own, as opposed to the Data & Tech team being at the center and helping them out,” says Iyengar, director of Data & Tech at Straumann Group North America.
Data science is an area of expertise that combines many disciplines such as mathematics, computer science, software engineering and statistics. It focuses on data collection and management of large-scale structured and unstructureddata for various academic and business applications.
Data science use cases Data science is widely used in industry and government, where it helps drive profits, innovate products and services, improve infrastructure and public systems and more. A manufacturer developed powerful, 3D-printed sensors to guide driverless vehicles.
Market Insight : Analyzing big data can help businesses understand market demand and customer behavior. For example, a computer manufacturing company could develop new models or add features to products that are in high demand. E-commerce giants like Alibaba and Amazon extensively use big data to understand the market.
This capability has become increasingly more critical as organizations incorporate more unstructureddata into their data warehouses. The quantitative models that make ML-enhanced analytics possible analyze business issues through statistical, mathematical and computational techniques.
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