Thursday, October 6

Tag: Artificial Intelligence

Impact of Data Science and Artificial Intelligence on Modern Business
Business, Technology

Impact of Data Science and Artificial Intelligence on Modern Business

What is Data Science? Data science is the application of advanced analytical tools and scientific concepts to extract crucial information from data for strategic planning, business decision-making, and other purposes. It's becoming increasingly important for modern businesses. Among many factors, the insights generated by data science, assist firms in increasing operational efficiency, identifying new business prospects, and improving marketing and sales initiatives. They can eventually lead to a competitive edge over commercial rivals. Making a perception of the world requires analyzing and obtaining data from our surrounding environment (Skiena, 2017). Impact of Data Science on Modern Business Data science may have a positive influence on various com...