The field of decision science focuses on making data-informed decisions. Decision science helps to analyze the impact of a decision on the business. The best decisions are often made with a combination of data and precise business questions. The more precise the questions, the more precise the data requirements will be. Harvard’s Center for Health […]
Data Science vs. Decision Science: A New Era Dawns
Data Science vs. Decision Science: Basic Descriptions In Data Science, a variety of advanced technologies like data mining, statistics, predictive analytics, AI, and machine learning are used in conjunction to deliver solutions for business problems. In Decision Science, analyzed data is “interpreted” to arrive at business decisions that meet specific objectives. So while Data Science […]
Three Ways Decision Science Facilitates Better Customer Experience
Click to learn more about author Pieter van Ispelen. Within the growing field of Data Science, two high level functions complement each other to derive value from data: Information Management and Decision Science. One can’t optimally function without the other and often Data Scientists are expected to perform both functions. In the most effective data-driven […]