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*
    “Running an Agile Fortune 500 Company”
    Aditya Yadav, aditya.yadav@gmail.com
    in.linkedin.com/in/adityayadav76
* A Typical Global Company
  * Fortune 500/1000
  * 200 Divisions
  * 40 Countries
  * 25000 Employees




                             *
*
    @ Acme Inc.
* Original Question “There is a scarcity for Data
 Scientists. Isn‟t Data Science a Fad which will
 go away like other Fad‟s?”
* The Correct Question - “Our company is too
 small to exhaust the Data Scientist supply and
 affect the Price – Demand – Supply equilibrium.
 Data Scientists come at a premium and we are
 offering commodity wages. Lets understand
 what's Data Science and how we can utilize it.”



            *
*
    And The Philosophy Behind The Answer
* Big Data is mostly about Engineering
* Data Science is the science behind leveraging
 data




                      *
* Wikipedia   - Machine Learning is used to
  automatically learn from data i.e Identify/quantify
  complex relationships thought to be features of the
  underlying mechanism that generated the data, and
  employ these identified patterns to make
  predictions based on new data. – This is most
  common in companies like Google, Amazon, Yahoo,
  Linkedin etc. And extends logically to Big Data.
* Wikipedia – Statistics is the study of the collection,
  organization,    analysis,     interpretation,    and
  presentation of data. Its about Hypothesis Testing
  and may or maynot need large datasets. The
  approach companies like GE, Toyota etc. take.


                         *
* Today   every Data Center sells its services by
  calling itself a Cloud (WTH!!!)
* 10,000 people DW/BI/Java-Developer Divisions
  and basically everyone else on the planet now
  call themselves „Data Scientists‟ (WTH!!!)
* Millions of Java/Python/SQL „Application
  Developers‟ call themselves Big Data Engineers.
  (WTH!!!) Do you understand the difference
  between an „Application Developer‟ vs an
  „Engineer‟? Or, do you?


              *
* Data Science is something new. Reality – Data Science is as
  old as Statistics and Maths and Algorithms in general.
* Data Science is a Fad that will fade away. Reality – All
  avenues that offer Competitive Leverage have been
  explored… Data Science is what does and will differentiate
  the best from the others.
* Data Scientists are Geeks who know nothing about the
  Business. Reality – Most Top Data Scientists „Run Top
  Businesses‟ and „Drive Strategy‟
* Data Science is Magic. Reality – It‟s a Science based on Maths
  and other converged disciplines. There is no magic and the
  most effective methods can be conceptually very simple to
  understand too.




                                                    *
*
Education Level
       50%
                               44%
       45%
       40%                              38%
       35%
       30%
       25%
       20%                                                 Education Level
       15%                                        13%
       10%             6%
        5%    0%
        0%
             School Bachelors Masters   Ph.D.     Post
                                                Doctoral



* A field today is extremely dominated by
 extremely educated individuals.




                         *
Roles & Responsibilities
   20%                                          18%
                   15%
   15%                        12%   12%   12%
         7%   7%         9%                           7%
   10%
    5%                                                     1%
    0%                                                          Roles & Responsibilities




* In highest probability most Data Scientists are
 doing Big Data or Machine Learning.




                                      *
Age
         8
         7
         6
         5
         4
                                             Age
         3
         2
         1
         0
             18-29   30-36     37-44   45+



* 94% of Top Data Scientists are Male
* Most of them are in Late 30‟s or older [Did you
 say Data Science was new? ;-) ]


                         *
* Statistics
* Machine Learning
* Big Data
* Data Mining
* Operations Research & Decision Sciences
* Distributed Algorithms
* Clustered Systems Engineering
* Artificial Intelligence


                  *
* Descriptive Data Science – The Vision
* Inferential Data Science – The Intelligence




                   *
* Impacts Business
* Impacts Government
* Impacts Society
Wait a minute. Those are all the 3 Facets of
Strategy. ;-)




                            *
Aditya!!!



     *

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Data science - Aditya Yadav

  • 1. * “Running an Agile Fortune 500 Company” Aditya Yadav, aditya.yadav@gmail.com in.linkedin.com/in/adityayadav76
  • 2. * A Typical Global Company * Fortune 500/1000 * 200 Divisions * 40 Countries * 25000 Employees *
  • 3. * @ Acme Inc.
  • 4. * Original Question “There is a scarcity for Data Scientists. Isn‟t Data Science a Fad which will go away like other Fad‟s?” * The Correct Question - “Our company is too small to exhaust the Data Scientist supply and affect the Price – Demand – Supply equilibrium. Data Scientists come at a premium and we are offering commodity wages. Lets understand what's Data Science and how we can utilize it.” *
  • 5. * And The Philosophy Behind The Answer
  • 6. * Big Data is mostly about Engineering * Data Science is the science behind leveraging data *
  • 7. * Wikipedia - Machine Learning is used to automatically learn from data i.e Identify/quantify complex relationships thought to be features of the underlying mechanism that generated the data, and employ these identified patterns to make predictions based on new data. – This is most common in companies like Google, Amazon, Yahoo, Linkedin etc. And extends logically to Big Data. * Wikipedia – Statistics is the study of the collection, organization, analysis, interpretation, and presentation of data. Its about Hypothesis Testing and may or maynot need large datasets. The approach companies like GE, Toyota etc. take. *
  • 8. * Today every Data Center sells its services by calling itself a Cloud (WTH!!!) * 10,000 people DW/BI/Java-Developer Divisions and basically everyone else on the planet now call themselves „Data Scientists‟ (WTH!!!) * Millions of Java/Python/SQL „Application Developers‟ call themselves Big Data Engineers. (WTH!!!) Do you understand the difference between an „Application Developer‟ vs an „Engineer‟? Or, do you? *
  • 9. * Data Science is something new. Reality – Data Science is as old as Statistics and Maths and Algorithms in general. * Data Science is a Fad that will fade away. Reality – All avenues that offer Competitive Leverage have been explored… Data Science is what does and will differentiate the best from the others. * Data Scientists are Geeks who know nothing about the Business. Reality – Most Top Data Scientists „Run Top Businesses‟ and „Drive Strategy‟ * Data Science is Magic. Reality – It‟s a Science based on Maths and other converged disciplines. There is no magic and the most effective methods can be conceptually very simple to understand too. *
  • 10. *
  • 11.
  • 12. Education Level 50% 44% 45% 40% 38% 35% 30% 25% 20% Education Level 15% 13% 10% 6% 5% 0% 0% School Bachelors Masters Ph.D. Post Doctoral * A field today is extremely dominated by extremely educated individuals. *
  • 13. Roles & Responsibilities 20% 18% 15% 15% 12% 12% 12% 7% 7% 9% 7% 10% 5% 1% 0% Roles & Responsibilities * In highest probability most Data Scientists are doing Big Data or Machine Learning. *
  • 14. Age 8 7 6 5 4 Age 3 2 1 0 18-29 30-36 37-44 45+ * 94% of Top Data Scientists are Male * Most of them are in Late 30‟s or older [Did you say Data Science was new? ;-) ] *
  • 15. * Statistics * Machine Learning * Big Data * Data Mining * Operations Research & Decision Sciences * Distributed Algorithms * Clustered Systems Engineering * Artificial Intelligence *
  • 16. * Descriptive Data Science – The Vision * Inferential Data Science – The Intelligence *
  • 17. * Impacts Business * Impacts Government * Impacts Society Wait a minute. Those are all the 3 Facets of Strategy. ;-) *