Using Data Science in Business: A Focus on Uzbekistan

This article examines the increasing role of Data Science in business, with a focus on Uzbekistan. It discusses the application of key Data Science techniques, such as machine learning, big data analytics, and data visualization, in sectors like banking, telecommunications, and retail. The benefits of Data Science, including market forecasting and risk management, are contrasted with the challenges faced by businesses in Uzbekistan, such as a shortage of skilled professionals and inadequate technological infrastructure. Additionally, successful case studies from both Uzbekistan and international companies are provided to illustrate the practical impact of Data Science. The article concludes by highlighting the importance of Data Science in driving Uzbekistan's digital transformation and improving its business competitiveness. Data Science consists of various methods and tools, including Machine Learning, Big Data Analytics and Data Visualization. These tools collectively enable businesses to extract insights and drive decision-making.

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Publication Details

Journal
European journal of management, economics and business.
Published
2024-11-01
DOI
https://doi.org/10.59324/ejmeb.2024.1(3).20
Primary Topic
Big Data and Business Intelligence
Type
article
Field-Weighted Citation Impact
0.00
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article

Using Data Science in Business: A Focus on Uzbekistan

Sanjarbek Akmaljon O‘g‘li Tuychibayev
European journal of management, economics and business.
Big Data and Business Intelligence
article

Using Data Science in Business: A Focus on Uzbekistan

Sanjarbek Akmaljon O‘g‘li Tuychibayev
article en

Abstract

This article examines the increasing role of Data Science in business, with a focus on Uzbekistan. It discusses the application of key Data Science techniques, such as machine learning, big data analytics, and data visualization, in sectors like banking, telecommunications, and retail. The benefits of Data Science, including market forecasting and risk management, are contrasted with the challenges faced by businesses in Uzbekistan, such as a shortage of skilled professionals and inadequate technological infrastructure. Additionally, successful case studies from both Uzbekistan and international companies are provided to illustrate the practical impact of Data Science. The article concludes by highlighting the importance of Data Science in driving Uzbekistan's digital transformation and improving its business competitiveness. Data Science consists of various methods and tools, including Machine Learning, Big Data Analytics and Data Visualization. These tools collectively enable businesses to extract insights and drive decision-making.

European journal of management, economics and business.Vol. 1(3)
Westminster International University in Tashkent (UZ)
Openalex Percentile: Top 61%
Big Data and Business Intelligence
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Using Data Science in Business: A Focus on Uzbekistan — Sanjarbek Akmaljon O‘g‘li Tuychibayev · European journal of management, economics and business. (2024) | TGRS Research Map | TGRS