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Building Data Teams
Lessons 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 Unicorns
Finding 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
DATA
TEAM
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
Competitive
Advantage
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
Contact
twitter: @jmoldvay
email: janos@jimdo.com
blog: blabladata.com

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Building Data Teams

  • 1. Building Data Teams Lessons Learned & What’s Next
  • 2. Big Data - Definition
  • 3. 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.”
  • 4. Data Science - Definition
  • 5. Teaching 1 - No Unicorns
  • 6. ● 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
  • 7. Teaching 1 - No Unicorns Finding 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
  • 8. Teaching 1 - No Unicorns Source: http://www.oreilly.com/data/free/files/analyzing-the-analyzers.pdf
  • 9. Teaching 1 - No Unicorns Hacking & Engineering Statistics & Analytics DATA TEAM Business Analysis & Communication
  • 10. Teaching 2 - Street Fighting DS *Source: http://de.slideshare.net/pskomoroch/street-fighting-data-science-12072010
  • 11. 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
  • 12. Teaching 3 - No Tech Wars
  • 13. Teaching 4 - Soft Skills ... matter! Source: http://data-informed.com/soft-skills-matter-data-science/
  • 15. What’s next? - Data Maturity Data Maturity Competitive Advantage Collect Data DWH, Ad Hoc Reports Standard Reports, Analytics AB-Testing, Growth Hacking Predictive Modelling, Multivariate Analysis Recsys,Data Products Data Democratization, Business Science
  • 16. What’s next? Data Science Big Data Source: http://www.gartner.com/newsroom/id/2819918, Gartner Hype Cycle for Emerging Technologies 2014
  • 18. Summary ● No unicorns ● Street fighting data science ● No tech wars ● Soft skills matter