756 CS1, A Report on Data science in Relation to Big Data

A Report on Data science in Relation to Big Data With the advent of the internet of things, organizations receive tremendous amounts of data at an unprecedented speed which must be processed immediately to benefit the business. Organizations collect huge amounts of data from various sources. It was difficult to store the information in the past. However, recent technologies have made it easier to collect and save information. As such, most companies have seen the need to hire experts to work on the data. Moreover, academic institutions are working on hosting programs on data science. With the huge amounts of data, every industry is focused on exploiting it to gain a competitive advantage using capabilities far outwitting manual analysis and exceeding traditional databases leading to the widespread application of data science in business to facilitate time reduction, cost reduction, optimized offerings, new product development, and smart decision making