Data science is a research field that uses various scientific methods, algorithms, and processes to extract knowledge from vast amounts of data. It helps discover hidden patterns in raw data. The term data science arose from the development of mathematical statistics, data analysis, and big data. Data science is the in-depth study of vast amounts of data, yielding meaningful insights from raw, structured, and unstructured data processed using scientific methods, various technologies, and algorithms. 

It's an interdisciplinary field that uses tools and techniques to manipulate data to find new and meaningful things. Data science is the research field that uses modern tools and techniques to work with vast amounts of data in order to find invisible patterns, derive meaningful information, and make business decisions. Data science uses complex machine learning algorithms to create predictive models.

The data used for analysis comes from various sources and is presented in various formats.

Data science is an interdisciplinary field where knowledge can be extracted from structured or unstructured data. Data science allows you to transform a business problem into a research project and turn it back into a practical solution. The main benefits of using data analytics technology are:

• Data is the world's oil today. With the right tools, technology and algorithms, you can take your data and turn it into tangible business benefits
• Data science helps uncover fraud using advanced machine learning algorithms
• Help avoid significant financial losses
• Enables the development of machine intelligence capabilities
• Conduct sentiment analysis to measure customer brand loyalty
• Enable better and faster decision making
• Help you recommend the right products to the right customers to improve your business