Data Science

Data Science is a multidisciplinary blend of data inference, algorithm development, and technology. It is largely used to extract knowledge either from structured or unstructured data. Mining large amount of data to identify patterns can help an organization to reduce costs, increase efficiencies or recognize new market opportunities. Data scientists, who perform these functions, possess a combination of statistical, analytic, machine learning and data mining skills.

Example

Netflix mines movie viewing patterns to understand user interests, and uses these patterns to make decisions on which Netflix original series to produce.