Understanding Data Science and Why It's So Important
- 1. Understanding Data Science and why is it important for your business by Dr. Lau Cher Han
- 2. Cher Han PhD. MInfoTech. BInfoTech Directory of Academy Chief Data Scientist Data Scientist & Full Stack Developer Chief Technology Officer
- 3. What era we are in ? Dr. Lau Cher Han
- 4. We are in the Data Era. Jack Ma CEO, Alibaba Dr. Lau Cher Han
- 5. Dr. Lau Cher Han
- 6. Why do we need data science? Dr. Lau Cher Han
- 7. Not only the amount of data increased, The channels to produce data also increased.Dr. Lau Cher Han
- 8. Find reliable signals from the noises. Dr. Lau Cher Han
- 9. Case Studies Dr. Lau Cher Han
- 10. Airasia uses Data Science to optimize their routes 1% is about 14 million kg of fuel, by saving 15 miles per landingDr. Lau Cher Han
- 11. UPS spent USD $1.5 billion per year on Data Science For every 1 mile saved per driver per day, to save 1.5 million gallons of fuel per year (USD$ 50 million) Dr. Lau Cher Han
- 12. After implementing data science in social media monitoring Malaysia Airport Page gain 1000% of positive Facebook posts. Dr. Lau Cher Han
- 13. Personal Experience Dr. Lau Cher Han
- 14. 48% of the attendees who sign up for free event drop out. But, Dr. Lau Cher Han
- 15. 78% of the attendees attend if you charge a fee as low as RM 10Dr. Lau Cher Han
- 16. So, what is inside Data Science? Dr. Lau Cher Han
- 17. Dr. Lau Cher Han
- 18. Data Science Technical Roadmap
- 19. Data Science Framework Big Data Warehousing NoSQL Probability and Statistics Data Processing Tools Scripting Languages Model Evaluation Interactive Visualization RDBMS Exploratory Data Analysis RegressionsText Analytics Unstructured Data Processing Modelling Quantitative Analysis MapReduce Data Handling Fundamental Knowledge Technical Skills Business Applications DataStorageTechnologies Data Wrangling Trees and Forest Natural Language Processing DataMining and AnalyticTechniques Applications Decision Making Dr. Lau Cher Han
- 20. Common Questions Dr. Lau Cher Han
- 21. # 1 - More data helps us to make better decisions? No! Dr. Lau Cher Han
- 22. Dr. Lau Cher Han
- 23. What is for lunch?
- 24. NO! # 2 - I have no technical knolwedge, I can’t do data science Dr. Lau Cher Han
- 25. How did our ancestors survive?
- 26. How did our ancestors survive? They are empowered by tools.
- 27. # 3 - Data Science tools are expensive. No! Dr. Lau Cher Han
- 28. Most of the data science tools are open-source. Dr. Lau Cher Han
- 29. Technology is becoming a commodity. Dr. Lau Cher Han Dr. Lau Cher Han
- 30. Three Benefits of Applying Data Science • Deep understanding of your customers. • Additional layer of evidence for stakeholders. • Optimize your resources. Dr. Lau Cher Han
- 31. Three things you can start today Dr. Lau Cher Han
- 32. # 1: Start wearing a data scientist hat. if you can’t find a hat, get a pair of glasses Dr. Lau Cher Han
- 33. # 2: Pick up a tool If programming is not your thing, you can even start using Excel. Dr. Lau Cher Han
- 34. # 3: Start Analyzing Analyzing your customers, facebook friends, the pile of name card that is sitting in the corner…anything! send me an email and I will tell you what’s next. Dr. Lau Cher Han
- 35. Look deep into nature, and then you will understand everything better. Albert Einstein
- 36. What’s next?
- 37. More about data scientist http://www.thedatasciencehandbook.com
- 38. All graphics used in this slides are cherhan @cherhan cherhan@thelead.io http://www.cherhan.net