The Profound Effects of Data Science on Business and Society

Abstract

This paper looks into the unique impacts of data analytics through the eyes of its integration with information technology systems and business and social operations. The adoption of digital technologies has created an unprecedented surge in data storage, which is critical to gaining insights that can guide changes in organizations and society. Communities have been provided with new employment opportunities by researchers who focus on important data generation and interpretation; simultaneously, businesses are changing their strategies to operational frameworks. This research contends that the lives of people in the society have been impacted immensely owing to new data analytics technologies and that organizations are now able to assess and devise plans in a far more nuanced and tactical manner. Hence, this paper seeks to highlight a research gap that attempts to study and explain the fundamental shifts in societal frameworks and business structures that have been advanced by innovation in data analytics.