Data science hypes and reality
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Transcript of Data science hypes and reality
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Data Science Hypes and RealityWhat is it and how to get started
by
HelgeBjorland.com
Stavanger Data Science Meetup
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Why should you care about Data Science?
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http://econ.st/1RPH7xv
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US search term trends
US Data Science Job Trend
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Norwegian search term trends
How will the Norwegian Data Science job trend develop?
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Data Science is Critical in Era of Big Data
Avalanche of Data from new
sources with varying types
Data Visualizations
alone can’t find complex
associations
Human brains can predict
events only if limited to a couple of variables
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"The purpose of computing is insight, not numbers" - Richard Hamming, 1961
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http://bit.ly/1UIOKqc
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Data Science – Taking analytics into the future
Data Science
Business Intelligence
Data Warehouse
KPI & Benchmarking
2016-01-259Classification: Internal
Predict the futurePredictive and prescriptive analytics to facilitate forward-looking decision making
An
alyt
ical
mat
uri
ty
Consider past performanceVisual descriptive & diagnostic analytics based on historic performance
Make data available
Decide measures for success
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What is Big Data?
Big Data = Crude Oil
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What is Data Science?
Data Science = Oil Refinery
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Maturing the use casesBetter raw materials give better product
2016-02-0512Classification: Internal
Guideline: How to share data
Question is sharp
Data measures outcome
Data is accurate
Data is connected
A lot of data
bit.ly/1eVuwD9
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Data Science: The Science and Art of…
Business Understanding
Data Understanding
Data Preparation
Modeling
Evaluation
DeploymentData Pipeline
Obtainingpredictive,
actionable insightfrom data
Discovering whatwe don’t know from
data
Communicatingrelevant business stories from data
Creating Data Products that have
business impactnow
Building confidence in decisions that drive
business value
http://www.sv-europe.com/crisp-dm-methodology/
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http://bit.ly/1tix4mj
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Data JujitsuThe art of turning data into product
Data
Data Scientist
Jujitsu fight Data Product
http://oreil.ly/1Y5vyke
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Some Oil & Gas use cases
Predictive Maintenance Satelite imaging Network SecurityOptimisation
Seismic Reservoar Drilling Fracking
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2014-10-1317Classification: Internal
Competence Process
Tools Collaboration
Bringing it all together
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How to get started
Training Experience Curiosity
Resources and training planbit.ly/1qcvHrw
Kagglebit.ly/1l9yjm9
Resourcesbit.ly/1X5yFbI
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PASSION!
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Possible topics for future meetups
1. Intro to machine learning2. Refining the crude – Preparing big data for machine learning3. Using Tensorflow to create neural networks4. Using Caravel for data exploration5. Time series decomposition & SAX for machine learning6. Process mining7. Efficient data wrangling techniques8. Visualisations J39. Creating data products with R10. Financial forecasting with machine learning
Github repo for planning: bit.ly/1Rvh0tI
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In Stavanger and interested in Data Science?
Join the communityhttp://www.meetup.com/Stavanger-Data-Science-Meetup/