Data Analytics and Machine Learning in Digital Transformation 1. The Role of Data Analytics and Machine Learning: Digital transformation creates value by transforming data into useful information . Internal data is gathered through IoT sensors , while external data is obtained from system APIs . Analytics and machine learning are critical for processing this data, enabling smart products and operations . 2. How Data Analytics and Machine Learning Work: Data Analytics combines traditional statistics and modern machine learning to analyze data. Linear Regression is an example that can function as both a statistical and machine learning method: Statistics : A one-time calculation. Machine Learning : Continuously trained with large datasets to make predictions. Example: A model can predict tire blowouts by analyzing tire pressure and miles driven. The system uses linear regression to create a model: Y = M X + B Y = MX + B Y = MX + B , where: Y = Ti...