Difference between revisions of "Data Science"

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== Definition ==
 
== Definition ==
'''Data Science''' is an emerging (as of 2020) interdisciplinary field that aims to extract and utilize knowledge from diverse [[Dataset | data sets]], which are typically large (see [Big Data).  
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'''Data Science''' is an emerging (as of 2020) interdisciplinary field that aims to extract and utilize knowledge from diverse [[Dataset | data sets]], which are typically large (see [[Big Data]]).
  
 
== Components ==
 
== Components ==
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The field is rather loosely defined as it applies to several different domains with a varying degree on reliance on:
 
The field is rather loosely defined as it applies to several different domains with a varying degree on reliance on:
* [[wikipedia:Computer Science | computer science]]
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* [[wikipedia:Computer Science | Computer Science]] and [[Data Engineering]] as the fundamental enabler
* [[wikipedia:Mathematics | mathematics]]
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* [[wikipedia:Mathematics | Mathematics]] and more specifically [[wikipedia:Statistics | Statistics]] as the conceptual framework
* [[wikipedia:Statistics | statistics]]
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* A wide range of [[Algorithm | algorithms]], including [[Machine Learning]] as the principal quantitative tools
* information [[Visualization]]
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* Information [[Visualization]] and [[wikipedia:Graphic Design | Graphic Design]] as additional user oriented outputs 
* [[wikipedia:Graphic Design | graphic design]], and
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* the analysis and integration with [[:Category:Business Process | Business Processes]] and objectives
* [[:Category:Business Process | business processes]]
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== Context ==
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In the context of [[Risk Management]] the concepts, objectives and practices of data science overlap strongly with those of [[Quantitative Risk Management]].
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== See Also ==
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* [[Python Data Science]]
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* [[Data Science versus Data Analysis]]
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* [[Data Science versus Statistics]]
  
[[Category:Fintech]]
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[[Category:Data Science]]

Latest revision as of 18:30, 5 December 2023

Definition

Data Science is an emerging (as of 2020) interdisciplinary field that aims to extract and utilize knowledge from diverse data sets, which are typically large (see Big Data).

Components

The field is rather loosely defined as it applies to several different domains with a varying degree on reliance on:

Context

In the context of Risk Management the concepts, objectives and practices of data science overlap strongly with those of Quantitative Risk Management.

See Also