Kaggle is a platform for data science competitions that has over 500,000 registered users. It is a good resource for applying theoretical skills to practical problems and learning from other data scientists. Competitions involve predicting values for a test dataset based on evaluation metrics like accuracy or log loss. Participants analyze train and test CSV files, explore the leaderboard, and make submissions with scikit-learn, TensorFlow, or other tools. Effective strategies include choosing appropriate models, feature engineering, hyperparameter tuning, and ensembling multiple models to improve predictions.