Data science refers to the extraction of knowledge from data. Data science is an interdisciplinary field of science that uses scientifically-founded methods, processes, algorithms, and systems to extract insights, patterns, and conclusions from structured and unstructured data. Data science generates information from large quantities of data in order to derive recommendations for action for the company management. The goal of these recommendations for action is to improve the quality of entrepreneurial decisions and the efficiency of workflows. In our business analytics business division, valantic works with state-of-the-art data science methods to generate knowledge from data for our customers.