What is Data Science and its Importance?

Data Science is an interdisciplinary field that combines statistics, computer science, and domain knowledge to extract insights from structured and unstructured data. It involves data collection, cleaning, analysis, and visualization to support decision-making and solve real-world problems. Using tools like machine learning and predictive analytics, data science helps businesses optimize operations, personalize services, and forecast trends. Its importance lies in transforming raw data into valuable information, driving innovation, and giving organizations a competitive edge. In today's data-driven world, industries like healthcare, finance, marketing, and e-commerce rely heavily on data science to improve performance and make informed strategic decisions.