'Automated Data Science' to offer a competitive edge to enterprises - CIOL

According to a recent Indian jobs study, data science is one of the topmost and fastest growing fields in India and its relevance is increasing in almost every sector. Reports from NASSCOM suggests that India's data industry would reach $16 billion by 2025 from the present level of $2 billion. At the core of it, data science is the science of examining raw data and applying statistical techniques for the purpose of drawing business related conclusions and predicting business outcomes. In every organization, there are opportunities to implement data science and transform the way business is carried out. Leading analysts like Gartner and Forrester have quoted 2018 as a milestone year for organizations, with over 70% of them expected to leverage data science for Business Optimization.