Data scientists: Data Science is next big thing in decision-making - The Economic Times


By Anish Srikrishna When you buy a product from an online marketplace, have you ever wondered how your order gets processed among millions of others? Does it baffle you how some banks use chatbots to solve customer queries based on transaction history, or that financial and portfolio management institutions deploy sentiment analysis and algorithms to consistently generate handsome returns for customers. In the age of decision sciences, all this and more can be effortlessly achieved. Thanks to the quantum advances in technology, today decision sciences is the cornerstone of success in the data-driven world. Decision sciences is helping corporations in BFSI (banking, financial services and insurance), ecommerce, telecom, transportation and many such industries process massive amount of data to leverage their true business potential.