GLOBALLY, we are witnessing rapid transitions in the realms of business, society and government. All are becoming more reliant on the availability of much-needed information in order to maneuver in this VUCA (volatile, uncertain, complex and ambiguous) world. The lack of proper means to harness and understand the data, however, means making the necessary decisions can be tough.
Data science can provide much-needed guidance for everyone. It is a multidisciplinary approach that combines scientific methods to evaluate behaviors and patterns in business, economics and society. Algorithms help properly extract the best models and provide the most significant insights from the myriad of data, which is often characterized as conflicting, unstructured and ubiquitous.
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