Discussion Forum | Board Infinity

Why data science is useful?

While descriptive data analytics showcases a true & genuine picture of the current status of business performance – data science extends to predict the future of the business given the historical data, and the dependent variables. Therefore, data science becomes extremely important for business for efficient planning as they can simulate the results prior to execution; and then take proactive measures to cater to potential hiccups and bottlenecks which could come in at a later stage.

Other than that, data science can also be used for prescriptive analytics as well guiding the business to follow best practices while devising any business or operational strategy.