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<JournalTitle>ELECTRONIC JOURNAL OF SOCIAL AND STRATEGIC STUDIES</JournalTitle>
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<EISSN/>
<Volume-Issue>Volume 2, Issue 3</Volume-Issue>
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<IssueTopic>Multidisciplinary</IssueTopic>
<IssueLanguage>English</IssueLanguage>
<Season>Dec 2021-Jan 2022</Season>
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<IssueOA>Y</IssueOA>
<PubDate>
<Year>2021</Year>
<Month>12</Month>
<Day>21</Day>
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<ArticleType>Economics</ArticleType>
<ArticleTitle>Role of Data Science in Reshaping the Business Sectors: Opportunities and Challenges for India</ArticleTitle>
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<ArticleLanguage>English</ArticleLanguage>
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<FirstPage>406</FirstPage>
<LastPage>434</LastPage>
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<Author>
<FirstName>Cmde SL</FirstName>
<LastName>Deshmukh</LastName>
<AuthorLanguage>English</AuthorLanguage>
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<FirstName>NM (Retd)</FirstName>
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<DOI>10.47362/EJSSS.2021.2207</DOI>
<Abstract>“Data is the new science. Big Data holds the answers.” Pat Gelsinger, CEO of VMware’s prophetic words speak volumes about the Data Science (DataFlair, n.d.), a field that has impacted the world. Data Science, derived from merging of computer science and statistics- two related but distinct disciplines- is being extensively used today, to transform plethora of data into useful insights and predictions, converting something seemingly vague into meaningful information. Global use of Data Science has impacted everyday lives, industries, businesses well beyond the technical world and is helping in changing the world for better. India too has made a modest beginning and has a long way to go in this field. Despite its limited use, Artificial Intelligence (AI) and Cognitive Technologies (CT), important constituents of Data Science, have helped Indian companies in reshaping their business processes and enhancing their efficiencies, analysis of which would form an important part of this paper. However, to present a holistic picture, this paper will examine status of Global use of Data Science (scope, applications and limitations), India specific scenario related to Data Science, role of Artificial Intelligence (AI) and Cognitive Technologies (CT) in reshaping business processes and their impact on various sectors- specifically analysing E-Commerce sector, existing generic challenges, probable measures, ending with some viable recommendations.</Abstract>
<AbstractLanguage>English</AbstractLanguage>
<Keywords>Data Science,Cognitive Technologies,Artificial Intelligence,Health,Climate,Industries,Business Processes</Keywords>
<URLs>
<Abstract>https://ejsss.net.in/ubijournal-v1copy/journals/abstract.php?article_id=13503&title=Role of Data Science in Reshaping the Business Sectors: Opportunities and Challenges for India</Abstract>
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<References>
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<ReferenceslastPage>19</ReferenceslastPage>
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</References>
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