Data Science

Concept and definition

Data Science

What is Data Science?

Data science is an interdisciplinary field that combines techniques and tools from statistics, mathematics, computer science and business domains to extract knowledge and value from data. The goal of data science is to discover patterns, trends and relationships in data that enable informed decisions and solve complex problems in different areas, such as medicine, biotechnology, marketing, industry, among others.

It deals with processing data in various structured or unstructured forms which is usually the continuation of the fields of statistical data analysis.

Data science involves a series of steps from data collection and cleaning, through exploratory analysis, modelling and evaluation, to communication and presentation of results. A variety of data analysis techniques and tools are used, such as data mining, machine learning, data visualisation, and others.

Data Mining and Artificial Intelligence

« Back to glossary

Do you want to get in touch?

CDRs contain data that a telecommunications company collects about phone calls, such as time and length of call. This data can be used in analytical applications.
Fill the form
Share:
How AI can reduce product returns by 2023

Artificial intelligence (AI) solutions are valuable in reducing product returns. Through data analysis and decision [...]

Read More »
BNPL - Buy Now Pay Later

The fad coming from the USA that will force the incorporation of AI in the process Surely it is only recently that we have started to hear a new concept in [...]

Read More »
12 Sectors with the greatest potential for entrepreneurship

Business opportunities are everywhere and many times we do not know which are the sectors with the greatest potential for entrepreneurship.

Read More »
What is Industry 4.0 and how does it work?

After the revolutions led by coal, electricity, and then electronics, society is now witnessing a fourth revolution in the energy sector.

Read More »
See more entries
© Gamco 2021, All Rights Reserved - Legal notice - Privacy - Cookies