Data science as the lifeline for emerging and existing businesses

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Data science as the lifeline for emerging and
existing businesses
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Data science has tremendously progressed in the
age of the fourth industrial revolution. The
growth of data science can be attributed to our
ability to realize the transformational potential
of data in the academic and industrial sectors.
As such, we have started a large number of data
science programs in various academic institutions
so that we align ourselves with the upcoming
changes. An executive MBA in data science is one
such program that incorporates the intricacies of
technology as well as the diversity of
businesses.
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Data science brings sweeping changes in the
business domain ? Data science is crucial for
transforming the way business is done in the age
of big data. ? Data science intersects the
crossroads of businesses by informing and guiding
critical business decisions. ? The application
of data science in various business operations is
popularly called business intelligence.
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? Business intelligence is as important for small
businesses as it is for large ones. Given the
small amount of capital available to
technological startups, it is crucial that they
make use of the best resources and the best
technology to maximize their output and business
growth. ? Similarly, the biggest technology
giants are facing stiff competition from their
counterparts. ? It is business intelligence that
can drive a flourishing business to its pinnacle.
? It can help in scaling up revenues and guiding
business operations in a dynamic market.
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The way ahead Data science is a lifeline for
emerging and existing businesses that can help
them not only survive but also thrive.