Data science combines multiple fields including statistics, scientific methods, and data analysis to extract value from data.
Those who practice data science are called data scientists, and they combine a range of skills to analyze data collected from the web, smartphones, customers, sensors, and other sources.
Data science reveals trends and produces insights that businesses can use to make better decisions and create more innovative products and services. Perhaps most importantly, it enables machine learning (ML) models to learn from the vast amounts of data being fed to them rather than mainly relying upon business analysts to see what they can discover from the data. Data is the bedrock of innovation, but its value comes from the information data scientists can glean from it, and then act upon.