building data teams
TRANSCRIPT
Building Data TeamsLessons Learned & What’s Next
Big Data - Definition
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.”
Data Science - Definition
Teaching 1 - No Unicorns
● 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
Source: http://www.oreilly.com/data/free/files/analyzing-the-analyzers.pdf
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 3 - No Tech Wars
Teaching 4 - Soft Skills
... matter!
Source: http://data-informed.com/soft-skills-matter-data-science/
What’s next?
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
Source: http://www.google.com/trends/explore#q=%22data%20science%22&cmpt=date
What’s next?
Summary
● No unicorns● Street fighting data science● No tech wars● Soft skills matter
