“2019 was a big year for all of Data Science.
Companies all over the world across a wide variety of industries have been going through what people are calling a digital transformation. That is, businesses are taking traditional business processes such as hiring, marketing, pricing, and strategy, and using digital technologies to make them 10 times better.
Data Science has become an integral part of those transformations. With Data Science, organizations no longer have to make their important decisions based on hunches, best-guesses, or small surveys. Instead, they’re analyzing large amounts of real data to base their decisions on real, data-driven facts. That’s really what Data Science is all about — creating value through data.
This trend of integrating data into the core business processes has grown significantly, with an increase in interest by over four times in the past 5 years according to Google Search Trends. Data is giving companies a sharp advantage over their competitors. With more data and better Data Scientists to use it, companies can acquire information about the market that their competitors might not even know existed. It’s become a game of Data or perish.”
The article: The 4 Hottest Trends in Data Science for 2020