Data Science

Data science is a multi-disciplinary field that uses scientific methods, processes, algorithms and systems to extract knowledge and insights from structured and unstructured data. Data science is the same concept as data mining and big data: "use the most powerful hardware, the most powerful programming systems, and the most efficient algorithms to solve problems"

"Data science" has recently become a popular term among business executives. However, many critical academics and journalists see no distinction between data science and statistics, whereas others consider it largely a popular term for "data mining" and "big data". Writing in Forbes, Gil Press argues that data science is a buzzword without a clear definition and has simply replaced "business analytics" in contexts such as graduate degree programs.