Considering the rate at which data is being generated, its analysis is becoming a hefty task. Organizing large volumes of real-time data from several sources is time-consuming and tedious. To reduce the human effort involved in this and decrease the required time, AI and ML are being employed. Data Science is a new model where machines are trained to learn from data, analyze it, and derive insights. It is creating a paradigm shift throughout the tech industry.
Data is the new game-changer, everywhere. According to reports, data-driven organizations are 19 times more likely to be profitable. Data and analytics are critical components of digital transformation.