The Taylor series of a real/complex-valued function $f(x)$ that is infinitely differentiable at real/complex value $a$ is as follows:
$$f(x) = \sum_{n=0}^{\infty}\frac{f^{(n)}(a)}{n!}(x-a)^n$$
I know we use this in a lot of places but I have no idea why they're essential. If we are capable of taking derivatives of a function at a point, and we are capable of evaluating the function at a point, why do we need a summation or power series that only gives an approximation?