Data science is a field of Big Data geared toward providing meaningful information based on large amounts of complex data. Data science, or data-driven science, combines different fields of work in statistics and computation in order to interpret data for the purpose of decision making. Data is generated everywhere, when we make phone calls, purchase items, or have an injury, information is generated. United Safety Technologies can compile, clean, and organize the data generated by your organization and provide insight to help you make a more informed decisions pertaining to the future.
BREAKING DOWN Data Science
Data is drawn from different sectors and platforms including cell phones, social media, e-commerce sites, healthcare surveys, internet searches, etc. The increase in the amount of data available opened the door to a new field of study called Big Data — or the extremely large data sets that can help produce better operational tools in all sectors, including safety. The continually increasing sets of and easy access to data are made possible by a collaboration of companies known as Fintech, which use technology to innovate and enhance traditional financial products and services. The data produced creates even more data which is easily shared across entities thanks to emergent Fintech products like cloud computing and storage. However, the interpretation of vast amounts of unstructured data for effective decision making may prove too complex and time consuming for companies, hence the emergence of data science.
Here are some advantages of data science in business:
United Safety Technologies can provide the insight required to help you with all your business decisions based on the data you provide and with the use of Fintech type technologies.