building data teams
TRANSCRIPT
Big Data - Definition
George Dyson, Strata conference in London 2012:
“the era of big data started when the human cost of making the decision of throwing something away became higher than the machine cost of continuing to store it.”
● 80% of new data scientists jobs are not filled
● By 2018 the US will have a shortage of 190.000 data scientists
Teaching 1 - No Unicorns
Source: http://blogs.wsj.com/cio/2014/02/14/it-takes-teams-to-solve-the-data-scientist-shortage/ &http://blog.pivotal.io/pivotal/news-2/mckinsey-report-highlights-the-impending-data-scientist-shortage
Teaching 1 - No UnicornsFinding Data Scientist Unicorns…
Source: http://www.forbes.com/sites/danwoods/2012/03/08/hilary-mason-what-is-a-data-scientist/ &http://drewconway.com/zia/2013/3/26/the-data-science-venn-diagram
Teaching 1 - No Unicorns
Hacking & Engineering
Statistics &Analytics
DATATEAM
Business Analysis & Communication
Teaching 2 - Street Fighting DS
*Source: http://de.slideshare.net/pskomoroch/street-fighting-data-science-12072010
Teaching 2 - Street Fighting DS
*Source: http://de.slideshare.net/pskomoroch/street-fighting-data-science-12072010
● Focus on results, improvise● Careful with complex models
(Occam’s Razor)● Check your assumptions● Look at your data, literally● Robust evaluation processes
Teaching 4 - Soft Skills
... matter!
Source: http://data-informed.com/soft-skills-matter-data-science/
What’s next? - Data Maturity
Data Maturity
CompetitiveAdvantage
Collect Data
DWH,Ad Hoc Reports
Standard Reports,Analytics
AB-Testing,Growth Hacking
Predictive Modelling,Multivariate Analysis
Recsys,Data Products
Data Democratization, Business Science
What’s next?Data Science Big Data
Source: http://www.gartner.com/newsroom/id/2819918, Gartner Hype Cycle for Emerging Technologies 2014