Question

What is data science? How would you say it is similar or different to business analytics and business intelligence?

Answer 1

• Data science is a field that deals with analysis of data. It studies the source of information, what the information represents and turning it into a valuable resource by giving insights of the data that are later used for creating strategies. It is a combination of business perspectives, computer programming and statistical techniques.
• Business analytics or simply analytics is the core of business intelligence and data science. Data science is a relatively new term used for analysis of big data and giving insights.
• Analytics generally has higher degree of business perspectives than data science which is more programming heavy. The terms are however used interchangeably.