The first and foremost step towards mining out insights is to review and understand the data. When confronted with a complex problem, data scientists take on the role of investigators. They look into leads and try to figure out whether there are any patterns or qualities in the data. This necessitates a significant amount of analytical inventiveness. A data-driven understanding is critical for strategic planning. Data scientists serve as advisors in this regard, advising business stakeholders on how to act on discoveries. The second step is the data product. A data product is a piece of technical functionality that encapsulates an algorithm and is intended for direct integration into core applications.