Foreword
The best way to predict the future is to create it!
"The best way to predict the future is to create it!"
The commercial world is replete with promising opportunities for those who dare to harness the power of data. Yet, it remains equally riddled with friction—especially the persistent divide between business understanding and technology execution. Far too often, business leaders and executives frame commercial problems solely in terms of revenue, operations, and market share, while data scientists and engineers speak a different language of algorithms, models, and code. It is precisely this dichotomy that Data Science for Commercial seeks to eradicate. This book offers a much-needed cohesive framework, bringing together decision-makers and technical experts under a single, unifying vision.
Through my years of research and teaching mathematics, I have observed a troubling imbalance in corporate decision-making. Many senior leaders and executives have honed their instincts through years of practical experience, tactical problem-solving, and anecdotal insights. While such real-world learning is invaluable, it often lacks the rigor and breadth that modern data science can provide. Consequently, crucial decisions remain driven by gut instinct or legacy practices, overshadowing the extraordinary power of data-driven insights. This gap is more than a minor inconvenience; it is a fault line that can destabilize entire organizations when confronted with rapid technological advances and market shifts.
The only way forward is for business professionals and technical experts to speak with one voice—aligning on the same objectives, metrics, and methods. Data science, on its own, is just technology. Business insight, isolated, is just perspective. Real transformation occurs when both realms converge to address shared commercial challenges. Technology alone cannot solve the deeper operational issues rooted in human dynamics, market complexities, and strategic foresight. Companies that recognize this and embed data science acumen within their leadership ranks will be the ones to outmaneuver competitors, capture new markets, and shape entire industries.
What makes Data Science for Commercial unique is its holistic approach rooted in the Fundamental, Conceptual, and Practical (FCP) pillars. From theoretical underpinnings to real-world case studies, this book ensures that business leaders not only grasp the “what” and “why” of data science but also the “how” in an actionable manner. It demystifies data-driven methodologies while preserving the complexity and rigor demanded by academic and professional standards. By addressing foundational concepts, explaining core frameworks, and illustrating hands-on applications, this text equips leaders to champion data initiatives with unwavering confidence.
I have no doubt that Data Science for Commercial will be instrumental in shaping the curricula of undergraduate, graduate, and executive programs alike. Its robust content and forward-thinking stance will empower a new generation of leaders who understand both the language of business and the mechanics of technology. My hope is that this work becomes a central literature for anyone aspiring to drive innovation, foster cross-functional collaboration, and thrive in the AI era.
Above all, I encourage you to treat this book as both a guide and a challenge. A guide, in that it provides the necessary knowledge to integrate data science into commercial strategies. A challenge, in that it demands you step out of traditional comfort zones and embrace a data-driven mindset. Only by doing so can we realize the true potential of tomorrow’s organizations—where visionary leadership and empirical insight coalesce to drive unprecedented progress.
I commend the authors for their commitment to bridging the business-technology gap in such a critical moment of commercial evolution. I trust that as you turn these pages, you will be inspired to champion data-driven strategies in your organization, nurture a culture of continuous learning, and ultimately lead the charge in defining the future of commerce.
Prof. Alhadi Bustamam, Ph.D
Data Science Center, Universitas Indonesia
Comments