data science operating model: Data Science for Business Foster Provost, Tom Fawcett, 2013-07-27 Written by renowned data science experts Foster Provost and Tom Fawcett, Data Science for Business introduces the fundamental principles of data science, and walks you through the data-analytic thinking necessary for extracting useful knowledge and business value from the data you collect. This guide also helps you understand the many data-mining techniques in use today. Based on an MBA course Provost has taught at New York University over the past ten years, Data Science for Business provides examples of real-world business problems to illustrate these principles. You’ll not only learn how to improve communication between business stakeholders and data scientists, but also how participate intelligently in your company’s data science projects. You’ll also discover how to think data-analytically, and fully appreciate how data science methods can support business decision-making. Understand how data science fits in your organization—and how you can use it for competitive advantage Treat data as a business asset that requires careful investment if you’re to gain real value Approach business problems data-analytically, using the data-mining process to gather good data in the most appropriate way Learn general concepts for actually extracting knowledge from data Apply data science principles when interviewing data science job candidates |
data science operating model: The Decision Maker's Handbook to Data Science Stylianos Kampakis, 2019-11-26 Data science is expanding across industries at a rapid pace, and the companies first to adopt best practices will gain a significant advantage. To reap the benefits, decision makers need to have a confident understanding of data science and its application in their organization. It is easy for novices to the subject to feel paralyzed by intimidating buzzwords, but what many don’t realize is that data science is in fact quite multidisciplinary—useful in the hands of business analysts, communications strategists, designers, and more. With the second edition of The Decision Maker’s Handbook to Data Science, you will learn how to think like a veteran data scientist and approach solutions to business problems in an entirely new way. Author Stylianos Kampakis provides you with the expertise and tools required to develop a solid data strategy that is continuously effective. Ethics and legal issues surrounding data collection and algorithmic bias are some common pitfalls that Kampakis helps you avoid, while guiding you on the path to build a thriving data science culture at your organization. This updated and revised second edition, includes plenty of case studies, tools for project assessment, and expanded content for hiring and managing data scientists Data science is a language that everyone at a modern company should understand across departments. Friction in communication arises most often when management does not connect with what a data scientist is doing or how impactful data collection and storage can be for their organization. The Decision Maker’s Handbook to Data Science bridges this gap and readies you for both the present and future of your workplace in this engaging, comprehensive guide. What You Will Learn Understand how data science can be used within your business. Recognize the differences between AI, machine learning, and statistics.Become skilled at thinking like a data scientist, without being one.Discover how to hire and manage data scientists.Comprehend how to build the right environment in order to make your organization data-driven. Who This Book Is For Startup founders, product managers, higher level managers, and any other non-technical decision makers who are thinking to implement data science in their organization and hire data scientists. A secondary audience includes people looking for a soft introduction into the subject of data science. |
data science operating model: Non-Invasive Data Governance Robert S. Seiner, 2014-09-01 Data-governance programs focus on authority and accountability for the management of data as a valued organizational asset. Data Governance should not be about command-and-control, yet at times could become invasive or threatening to the work, people and culture of an organization. Non-Invasive Data Governance™ focuses on formalizing existing accountability for the management of data and improving formal communications, protection, and quality efforts through effective stewarding of data resources. Non-Invasive Data Governance will provide you with a complete set of tools to help you deliver a successful data governance program. Learn how: • Steward responsibilities can be identified and recognized, formalized, and engaged according to their existing responsibility rather than being assigned or handed to people as more work. • Governance of information can be applied to existing policies, standard operating procedures, practices, and methodologies, rather than being introduced or emphasized as new processes or methods. • Governance of information can support all data integration, risk management, business intelligence and master data management activities rather than imposing inconsistent rigor to these initiatives. • A practical and non-threatening approach can be applied to governing information and promoting stewardship of data as a cross-organization asset. • Best practices and key concepts of this non-threatening approach can be communicated effectively to leverage strengths and address opportunities to improve. |
data science operating model: Performance Dashboards Wayne W. Eckerson, 2005-10-27 Tips, techniques, and trends on how to use dashboard technology to optimize business performance Business performance management is a hot new management discipline that delivers tremendous value when supported by information technology. Through case studies and industry research, this book shows how leading companies are using performance dashboards to execute strategy, optimize business processes, and improve performance. Wayne W. Eckerson (Hingham, MA) is the Director of Research for The Data Warehousing Institute (TDWI), the leading association of business intelligence and data warehousing professionals worldwide that provide high-quality, in-depth education, training, and research. He is a columnist for SearchCIO.com, DM Review, Application Development Trends, the Business Intelligence Journal, and TDWI Case Studies & Solution. |
data science operating model: Building an Effective Data Science Practice Vineet Raina, Srinath Krishnamurthy, 2021-12-09 Gain a deep understanding of data science and the thought process needed to solve problems in that field using the required techniques, technologies and skills that go into forming an interdisciplinary team. This book will enable you to set up an effective team of engineers, data scientists, analysts, and other stakeholders that can collaborate effectively on crucial aspects such as problem formulation, execution of experiments, and model performance evaluation. You’ll start by delving into the fundamentals of data science – classes of data science problems, data science techniques and their applications – and gradually build up to building a professional reference operating model for a data science function in an organization. This operating model covers the roles and skills required in a team, the techniques and technologies they use, and the best practices typically followed in executing data science projects. Building an Effective Data Science Practice provides a common base of reference knowledge and solutions, and addresses the kinds of challenges that arise to ensure your data science team is both productive and aligned with the business goals from the very start. Reinforced with real examples, this book allows you to confidently determine the strategic answers to effectively align your business goals with the operations of the data science practice. What You’ll Learn Transform business objectives into concrete problems that can be solved using data science Evaluate how problems and the specifics of a business drive the techniques and model evaluation guidelines used in a project Build and operate an effective interdisciplinary data science team within an organization Evaluating the progress of the team towards the business RoI Understand the important regulatory aspects that are applicable to a data science practice Who This Book Is For Technology leaders, data scientists, and project managers |
data science operating model: Competing in the Age of AI Marco Iansiti, Karim R. Lakhani, 2020-01-07 a provocative new book — The New York Times AI-centric organizations exhibit a new operating architecture, redefining how they create, capture, share, and deliver value. Now with a new preface that explores how the coronavirus crisis compelled organizations such as Massachusetts General Hospital, Verizon, and IKEA to transform themselves with remarkable speed, Marco Iansiti and Karim R. Lakhani show how reinventing the firm around data, analytics, and AI removes traditional constraints on scale, scope, and learning that have restricted business growth for hundreds of years. From Airbnb to Ant Financial, Microsoft to Amazon, research shows how AI-driven processes are vastly more scalable than traditional processes, allow massive scope increase, enabling companies to straddle industry boundaries, and create powerful opportunities for learning—to drive ever more accurate, complex, and sophisticated predictions. When traditional operating constraints are removed, strategy becomes a whole new game, one whose rules and likely outcomes this book will make clear. Iansiti and Lakhani: Present a framework for rethinking business and operating models Explain how collisions between AI-driven/digital and traditional/analog firms are reshaping competition, altering the structure of our economy, and forcing traditional companies to rearchitect their operating models Explain the opportunities and risks created by digital firms Describe the new challenges and responsibilities for the leaders of both digital and traditional firms Packed with examples—including many from the most powerful and innovative global, AI-driven competitors—and based on research in hundreds of firms across many sectors, this is your essential guide for rethinking how your firm competes and operates in the era of AI. |
data science operating model: Digital Operating Model Rajesh Sinha, 2022-08-02 Build your company’s next-generation growth strategy by using emerging technologies to disrupt your field and energize your business In Digital Operating Model: The Future of Business, digital strategist and execution expert Rajesh Sinha delivers a robust and practical operating blueprint for digital transformation. Applicable to any industry, any size company, this playbook helps executives, professionals, managers, founders, owners, and other business leaders understand the importance and realize the benefits of a digital future for their companies—all without having to spend massive amounts of money in the process. The author explores effective methods to create multiple digital accelerators, develop cultural alignment that fosters innovation and delivers rapid solutions, and shares insights into the new mantras of our goods-and-services on-demand economy. Readers will also find: Step-by-step guidance to implementing a digital platform strategy that leads to exponential business growth Methods for designing and applying new businesses processes that create better experiences internally for your teams and externally for your customers and customers’ customers, which also leads to exponential business growth Real-life examples and case studies of businesses that have achieved successful digital acceleration and grown dramatically in the process Digital Operating Model shows readers how to meet their professional objectives while realizing profound transformation that offers innovative and durable differentiation both in terms of purpose and profits. |
data science operating model: Enterprise Architecture as Strategy Jeanne W. Ross, Peter Weill, David Robertson, 2006 Enterprise architecture defines a firm's needs for standardized tasks, job roles, systems, infrastructure, and data in core business processes. This book explains enterprise architecture's vital role in enabling - or constraining - the execution of business strategy. It provides frameworks, case examples, and more. |
data science operating model: Doing Agile Right Darrell Rigby, Sarah Elk, Steve Berez, 2020-05-26 Agile has the power to transform work--but only if it's implemented the right way. For decades business leaders have been painfully aware of a huge chasm: They aspire to create nimble, flexible enterprises. But their day-to-day reality is silos, sluggish processes, and stalled innovation. Today, agile is hailed as the essential bridge across this chasm, with the potential to transform a company and catapult it to the head of the pack. Not so fast. In this clear-eyed, indispensable book, Bain & Company thought leader Darrell Rigby and his colleagues Sarah Elk and Steve Berez provide a much-needed reality check. They dispel the myths and misconceptions that have accompanied agile's rise to prominence--the idea that it can reshape an organization all at once, for instance, or that it should be used in every function and for all types of work. They illustrate that agile teams can indeed be powerful, making people's jobs more rewarding and turbocharging innovation, but such results are possible only if the method is fully understood and implemented the right way. The key, they argue, is balance. Every organization must optimize and tightly control some of its operations, and at the same time innovate. Agile, done well, enables vigorous innovation without sacrificing the efficiency and reliability essential to traditional operations. The authors break down how agile really works, show what not to do, and explain the crucial importance of scaling agile properly in order to reap its full benefit. They then lay out a road map for leading the transition to a truly agile enterprise. Agile isn't a goal in itself; it's a means to becoming a high-performance operation. Doing Agile Right is a must-have guide for any company trying to make the transition--or trying to sustain high agility. |
data science operating model: The Power of People Nigel Guenole, Jonathan Ferrar, Sheri Feinzig, 2017-05-19 Learn from Today’s Most Successful Workforce Analytics Leaders Transforming the immense potential of workforce analytics into reality isn’t easy. Pioneering practitioners have learned crucial lessons that can help you succeed. The Power of People shares their journeys—and their indispensable insights. Drawing on incisive case studies and vignettes, three experts help you bring purpose and clarity to any workforce analytics project, with robust research design and analysis to get reliable insights. They reveal where to start, where to find stakeholder support, and how to earn “quick wins” to build upon. You’ll learn how to sustain success through best-practice data management, technology usage, partnering, and skill building. Finally, you’ll discover how to earn even more value by establishing an analytical mindset throughout HR, and building two key skills: storytelling and visualization. The Power of People will be invaluable to HR executives establishing or leading analytics functions; HR professionals planning analytics projects; and any business executive who wants more value from HR. |
data science operating model: Doing Data Science Cathy O'Neil, Rachel Schutt, 2013-10-09 Now that people are aware that data can make the difference in an election or a business model, data science as an occupation is gaining ground. But how can you get started working in a wide-ranging, interdisciplinary field that’s so clouded in hype? This insightful book, based on Columbia University’s Introduction to Data Science class, tells you what you need to know. In many of these chapter-long lectures, data scientists from companies such as Google, Microsoft, and eBay share new algorithms, methods, and models by presenting case studies and the code they use. If you’re familiar with linear algebra, probability, and statistics, and have programming experience, this book is an ideal introduction to data science. Topics include: Statistical inference, exploratory data analysis, and the data science process Algorithms Spam filters, Naive Bayes, and data wrangling Logistic regression Financial modeling Recommendation engines and causality Data visualization Social networks and data journalism Data engineering, MapReduce, Pregel, and Hadoop Doing Data Science is collaboration between course instructor Rachel Schutt, Senior VP of Data Science at News Corp, and data science consultant Cathy O’Neil, a senior data scientist at Johnson Research Labs, who attended and blogged about the course. |
data science operating model: Data Smart John W. Foreman, 2013-10-31 Data Science gets thrown around in the press like it'smagic. Major retailers are predicting everything from when theircustomers are pregnant to when they want a new pair of ChuckTaylors. It's a brave new world where seemingly meaningless datacan be transformed into valuable insight to drive smart businessdecisions. But how does one exactly do data science? Do you have to hireone of these priests of the dark arts, the data scientist, toextract this gold from your data? Nope. Data science is little more than using straight-forward steps toprocess raw data into actionable insight. And in DataSmart, author and data scientist John Foreman will show you howthat's done within the familiar environment of aspreadsheet. Why a spreadsheet? It's comfortable! You get to look at the dataevery step of the way, building confidence as you learn the tricksof the trade. Plus, spreadsheets are a vendor-neutral place tolearn data science without the hype. But don't let the Excel sheets fool you. This is a book forthose serious about learning the analytic techniques, the math andthe magic, behind big data. Each chapter will cover a different technique in aspreadsheet so you can follow along: Mathematical optimization, including non-linear programming andgenetic algorithms Clustering via k-means, spherical k-means, and graphmodularity Data mining in graphs, such as outlier detection Supervised AI through logistic regression, ensemble models, andbag-of-words models Forecasting, seasonal adjustments, and prediction intervalsthrough monte carlo simulation Moving from spreadsheets into the R programming language You get your hands dirty as you work alongside John through eachtechnique. But never fear, the topics are readily applicable andthe author laces humor throughout. You'll even learnwhat a dead squirrel has to do with optimization modeling, whichyou no doubt are dying to know. |
data science operating model: Data Science for Decision Makers Jon Howells, 2024-07-26 Bridge the gap between business and data science by learning how to interpret machine learning and AI models, manage data teams, and achieve impactful results Key Features Master the concepts of statistics and ML to interpret models and guide decisions Identify valuable AI use cases and manage data science projects from start to finish Empower top data science teams to solve complex problems and build AI products Purchase of the print Kindle book includes a free PDF eBook Book DescriptionAs data science and artificial intelligence (AI) become prevalent across industries, executives without formal education in statistics and machine learning, as well as data scientists moving into leadership roles, must learn how to make informed decisions about complex models and manage data teams. This book will elevate your leadership skills by guiding you through the core concepts of data science and AI. This comprehensive guide is designed to bridge the gap between business needs and technical solutions, empowering you to make informed decisions and drive measurable value within your organization. Through practical examples and clear explanations, you'll learn how to collect and analyze structured and unstructured data, build a strong foundation in statistics and machine learning, and evaluate models confidently. By recognizing common pitfalls and valuable use cases, you'll plan data science projects effectively, from the ground up to completion. Beyond technical aspects, this book provides tools to recruit top talent, manage high-performing teams, and stay up to date with industry advancements. By the end of this book, you’ll be able to characterize the data within your organization and frame business problems as data science problems.What you will learn Discover how to interpret common statistical quantities and make data-driven decisions Explore ML concepts as well as techniques in supervised, unsupervised, and reinforcement learning Find out how to evaluate statistical and machine learning models Understand the data science lifecycle, from development to monitoring of models in production Know when to use ML, statistical modeling, or traditional BI methods Manage data teams and data science projects effectively Who this book is for This book is designed for executives who want to understand and apply data science methods to enhance decision-making. It is also for individuals who work with or manage data scientists and machine learning engineers, such as chief data officers (CDOs), data science managers, and technical project managers. |
data science operating model: Operating Model Canvas (OMC) Mark Lancelott, Mikel Gutierrez, Andrew Campbell, 2017-03-16 The journey from strategy to operating success depends on creating an organization that can deliver the chosen strategy. This book, explaining the Operating Model Canvas, shows you how to do this. It teaches you how to define the main work processes, choose an organization structure, develop a high-level blueprint of the IT systems, decide where to locate and how to lay out floor plans, set up relationships with suppliers and design a management system and scorecard with which to run the new organization. The Operating Model Canvas helps you to create a target operating model aligned to your strategy. The book contains more than 20 examples ranging from large multi-nationals to government departments to small charities and from an operating model for a business to an operating model for a department of five people. The book describes more than 15 tools, including new tools such as the value chain map, the organization model and the high-level IT blueprint. Most importantly, the book contains two fully worked examples showing how the tools can be used to develop a new operating model. This book should be on the desk of every consultant, every strategist, every leader of transformation, every functional business partner, every business or enterprise architect, every Lean expert or business improvement champion, in fact everyone who wants to help their organization be successful. For trainers free additional material of this book is available. This can be found under the Training Material tab. Log in with your trainer account to access the material.Additional content can be found on the website for the Operational Model Canvas: https://www.operatingmodelcanvas.com |
data science operating model: How to Lead in Data Science Jike Chong, Yue Cathy Chang, 2021-12-21 Lead your data science teams and projects to success! To make a consistent, meaningful impact as a data science leader, you must articulate technology roadmaps, plan effective project strategies, support diversity, and create a positive environment for professional growth. This book delivers the wisdom and practical skills you need to thrive as a data science leader at all levels, from team member to the C-suite. How to lead in data science shares unique leadership techniques from high-performance data teams. It's filled with best practices for balancing project trade-offs and producing exceptional results, even when beginning with vague requirements or unclear expectations. You'll find a clearly presented modern leadership framework based on current case studies, with insights reaching all the way to Aristotle and Confucius. As you read, you'll build practical skills to grow and improve your team, your company's data culture, and yourself. |
data science operating model: Data Science Fundamentals and Practical Approaches Nandi Dr. Rupam Dr. Gypsy, Kumar Sharma, 2020-09-03 Learn how to process and analysis data using Python Key Features a- The book has theories explained elaborately along with Python code and corresponding output to support the theoretical explanations. The Python codes are provided with step-by-step comments to explain each instruction of the code. a- The book is quite well balanced with programs and illustrative real-case problems. a- The book not only deals with the background mathematics alone or only the programs but also beautifully correlates the background mathematics to the theory and then finally translating it into the programs. a- A rich set of chapter-end exercises are provided, consisting of both short-answer questions and long-answer questions. Description This book introduces the fundamental concepts of Data Science, which has proved to be a major game-changer in business solving problems. Topics covered in the book include fundamentals of Data Science, data preprocessing, data plotting and visualization, statistical data analysis, machine learning for data analysis, time-series analysis, deep learning for Data Science, social media analytics, business analytics, and Big Data analytics. The content of the book describes the fundamentals of each of the Data Science related topics together with illustrative examples as to how various data analysis techniques can be implemented using different tools and libraries of Python programming language. Each chapter contains numerous examples and illustrative output to explain the important basic concepts. An appropriate number of questions is presented at the end of each chapter for self-assessing the conceptual understanding. The references presented at the end of every chapter will help the readers to explore more on a given topic. What will you learn a- Understand what machine learning is and how learning can be incorporated into a program. a- Perform data processing to make it ready for visual plot to understand the pattern in data over time. a- Know how tools can be used to perform analysis on big data using python a- Perform social media analytics, business analytics, and data analytics on any data of a company or organization. Who this book is for The book is for readers with basic programming and mathematical skills. The book is for any engineering graduates that wish to apply data science in their projects or wish to build a career in this direction. The book can be read by anyone who has an interest in data analysis and would like to explore more out of interest or to apply it to certain real-life problems. Table of Contents 1. Fundamentals of Data Science1 2. Data Preprocessing 3. Data Plotting and Visualization 4. Statistical Data Analysis 5. Machine Learning for Data Science 6. Time-Series Analysis 7. Deep Learning for Data Science 8. Social Media Analytics 9. Business Analytics 10. Big Data Analytics About the Authors Dr. Gypsy Nandi is an Assistant Professor (Sr) in the Department of Computer Applications, Assam Don Bosco University, India. Her areas of interest include Data Science, Social Network Mining, and Machine Learning. She has completed her Ph.D. in the field of 'Social Network Analysis and Mining'. Her research scholars are currently working mainly in the field of Data Science. She has several research publications in reputed journals and book series. Dr. Rupam Kumar Sharma is an Assistant Professor in the Department of Computer Applications, Assam Don Bosco University, India. His area of interest includes Machine Learning, Data Analytics, Network, and Cyber Security. He has several research publications in reputed SCI and Scopus journals. He has also delivered lectures and trained hundreds of trainees and students across different institutes in the field of security and android app development. |
data science operating model: Data Science for Business Professionals Probyto Data Science and Consulting Pvt. Ltd., 2020-05-06 Primer into the multidisciplinary world of Data Science KEY FEATURESÊÊ - Explore and use the key concepts of Statistics required to solve data science problems - Use Docker, Jenkins, and Git for Continuous Development and Continuous Integration of your web app - Learn how to build Data Science solutions with GCP and AWS DESCRIPTIONÊ The book will initially explain the What-Why of Data Science and the process of solving a Data Science problem. The fundamental concepts of Data Science, such as Statistics, Machine Learning, Business Intelligence, Data pipeline, and Cloud Computing, will also be discussed. All the topics will be explained with an example problem and will show how the industry approaches to solve such a problem. The book will pose questions to the learners to solve the problems and build the problem-solving aptitude and effectively learn. The book uses Mathematics wherever necessary and will show you how it is implemented using Python with the help of an example dataset.Ê WHAT WILL YOU LEARNÊÊ - Understand the multi-disciplinary nature of Data Science - Get familiar with the key concepts in Mathematics and Statistics - Explore a few key ML algorithms and their use cases - Learn how to implement the basics of Data Pipelines - Get an overview of Cloud Computing & DevOps - Learn how to create visualizations using Tableau WHO THIS BOOK IS FORÊ This book is ideal for Data Science enthusiasts who want to explore various aspects of Data Science. Useful for Academicians, Business owners, and Researchers for a quick reference on industrial practices in Data Science.Ê TABLE OF CONTENTS 1. Data Science in Practice 2. Mathematics Essentials 3. Statistics Essentials 4. Exploratory Data Analysis 5. Data preprocessing 6. Feature Engineering 7. Machine learning algorithms 8. Productionizing ML models 9. Data Flows in Enterprises 10. Introduction to Databases 11. Introduction to Big Data 12. DevOps for Data Science 13. Introduction to Cloud Computing 14. Deploy Model to Cloud 15. Introduction to Business IntelligenceÊ 16. Data Visualization Tools 17. Industry Use Case 1 Ð FormAssist 18. Industry Use Case 2 Ð PeopleReporter 19. Data Science Learning Resources 20. Do It Your Self Challenges 21. MCQs for Assessments |
data science operating model: Data and the Built Environment Ian Gordon, |
data science operating model: Customer Data Platforms Martin Kihn, Christopher B. O'Hara, 2020-11-05 Master the hottest technology around to drive marketing success Marketers are faced with a stark and challenging dilemma: customers demand deep personalization, but they are increasingly leery of offering the type of personal data required to make it happen. As a solution to this problem, Customer Data Platforms have come to the fore, offering companies a way to capture, unify, activate, and analyze customer data. CDPs are the hottest marketing technology around today, but are they worthy of the hype? Customer Data Platforms takes a deep dive into everything CDP so you can learn how to steer your firm toward the future of personalization. Over the years, many of us have built byzantine “stacks” of various marketing and advertising technology in an attempt to deliver the fabled “right person, right message, right time” experience. This can lead to siloed systems, disconnected processes, and legacy technical debt. CDPs offer a way to simplify the stack and deliver a balanced and engaging customer experience. Customer Data Platforms breaks down the fundamentals, including how to: Understand the problems of managing customer data Understand what CDPs are and what they do (and don't do) Organize and harmonize customer data for use in marketing Build a safe, compliant first-party data asset that your brand can use as fuel Create a data-driven culture that puts customers at the center of everything you do Understand how to use AI and machine learning to drive the future of personalization Orchestrate modern customer journeys that react to customers in real-time Power analytics with customer data to get closer to true attribution In this book, you’ll discover how to build 1:1 engagement that scales at the speed of today’s customers. |
data science operating model: The Enterprise Big Data Framework Jan-Willem Middelburg, 2023-11-03 Businesses who can make sense of the huge influx and complexity of data will be the big winners in the information economy. This comprehensive guide covers all the aspects of transforming enterprise data into value, from the initial set-up of a big data strategy, towards algorithms, architecture and data governance processes. Using a vendor-independent approach, The Enterprise Big Data Framework offers practical advice on how to develop data-driven decision making, detailed data analysis and data engineering techniques. With a focus on business implementation, The Enterprise Big Data Framework includes sections on analysis, engineering, algorithm design and big data architecture, and covers topics such as data preparation and presentation, data modelling, data science, programming languages and machine learning algorithms. Endorsed by leading accreditation and examination institute AMPG International, this book is required reading for the Enterprise Big Data Certifications, which aim to develop excellence in big data practices across the globe. Online resources include sample data for practice purposes. |
data science operating model: Internet of Things and Data Analytics Handbook Hwaiyu Geng, 2017-01-10 This book examines the Internet of Things (IoT) and Data Analytics from a technical, application, and business point of view. Internet of Things and Data Analytics Handbook describes essential technical knowledge, building blocks, processes, design principles, implementation, and marketing for IoT projects. It provides readers with knowledge in planning, designing, and implementing IoT projects. The book is written by experts on the subject matter, including international experts from nine countries in the consumer and enterprise fields of IoT. The text starts with an overview and anatomy of IoT, ecosystem of IoT, communication protocols, networking, and available hardware, both present and future applications and transformations, and business models. The text also addresses big data analytics, machine learning, cloud computing, and consideration of sustainability that are essential to be both socially responsible and successful. Design and implementation processes are illustrated with best practices and case studies in action. In addition, the book: Examines cloud computing, data analytics, and sustainability and how they relate to IoT overs the scope of consumer, government, and enterprise applications Includes best practices, business model, and real-world case studies Hwaiyu Geng, P.E., is a consultant with Amica Research (www.AmicaResearch.org, Palo Alto, California), promoting green planning, design, and construction projects. He has had over 40 years of manufacturing and management experience, working with Westinghouse, Applied Materials, Hewlett Packard, and Intel on multi-million high-tech projects. He has written and presented numerous technical papers at international conferences. Mr. Geng, a patent holder, is also the editor/author of Data Center Handbook (Wiley, 2015). |
data science operating model: Data Management at Scale Piethein Strengholt, 2023-04-10 As data management continues to evolve rapidly, managing all of your data in a central place, such as a data warehouse, is no longer scalable. Today's world is about quickly turning data into value. This requires a paradigm shift in the way we federate responsibilities, manage data, and make it available to others. With this practical book, you'll learn how to design a next-gen data architecture that takes into account the scale you need for your organization. Executives, architects and engineers, analytics teams, and compliance and governance staff will learn how to build a next-gen data landscape. Author Piethein Strengholt provides blueprints, principles, observations, best practices, and patterns to get you up to speed. Examine data management trends, including regulatory requirements, privacy concerns, and new developments such as data mesh and data fabric Go deep into building a modern data architecture, including cloud data landing zones, domain-driven design, data product design, and more Explore data governance and data security, master data management, self-service data marketplaces, and the importance of metadata |
data science operating model: Foundations of Data Science Avrim Blum, John Hopcroft, Ravindran Kannan, 2020-01-23 This book provides an introduction to the mathematical and algorithmic foundations of data science, including machine learning, high-dimensional geometry, and analysis of large networks. Topics include the counterintuitive nature of data in high dimensions, important linear algebraic techniques such as singular value decomposition, the theory of random walks and Markov chains, the fundamentals of and important algorithms for machine learning, algorithms and analysis for clustering, probabilistic models for large networks, representation learning including topic modelling and non-negative matrix factorization, wavelets and compressed sensing. Important probabilistic techniques are developed including the law of large numbers, tail inequalities, analysis of random projections, generalization guarantees in machine learning, and moment methods for analysis of phase transitions in large random graphs. Additionally, important structural and complexity measures are discussed such as matrix norms and VC-dimension. This book is suitable for both undergraduate and graduate courses in the design and analysis of algorithms for data. |
data science operating model: Data Science for Public Policy Jeffrey C. Chen, Edward A. Rubin, Gary J. Cornwall, 2021-09-01 This textbook presents the essential tools and core concepts of data science to public officials, policy analysts, and economists among others in order to further their application in the public sector. An expansion of the quantitative economics frameworks presented in policy and business schools, this book emphasizes the process of asking relevant questions to inform public policy. Its techniques and approaches emphasize data-driven practices, beginning with the basic programming paradigms that occupy the majority of an analyst’s time and advancing to the practical applications of statistical learning and machine learning. The text considers two divergent, competing perspectives to support its applications, incorporating techniques from both causal inference and prediction. Additionally, the book includes open-sourced data as well as live code, written in R and presented in notebook form, which readers can use and modify to practice working with data. |
data science operating model: Digital Transformation Management for Agile Organizations Stefano Bresciani, Alberto Ferraris, Marco Romano, Gabriele Santoro, 2021-06-10 Digital Transformation Management for Agile Organizations highlights and explores new dynamics regarding how current digital developments globally scale, by examining the threats, as well as the opportunities these innovations offer to organizations of all kinds. |
data science operating model: Making Sense of Change Management Esther Cameron, Mike Green, 2019-11-03 This definitive, bestselling text in the field of change management provides comprehensive guidance of everything needed to successfully navigate times of change. Making Sense of Change Management provides a thorough and accessible overview for students and practitioners alike. Without relying on assumed knowledge, it comprehensively covers the theories and models of change management and connects them to workable approaches and techniques that organizations of all types and sizes can use to adapt to tough market conditions and succeed by changing their strategies, structures, mindsets, leadership behaviours and expectations of staff and managers. This completely revised and updated fifth edition contains new chapters on digital transformation and becoming a sustainable business, new material on resilience, well-being and effective leadership, and new examples from organizations including Google, Burberry and Volvo. Supported by food for thought and stop and think features to aid critical thinking and understanding, as well as checklists, tips and helpful summaries, Making Sense of Change Management remains essential reading for anyone who is currently part of, or leading, a change initiative. New and updated accompanying online resources include international case study question packs for lecturers and lecture slides with reflective questions. |
data science operating model: Data Science, Learning by Latent Structures, and Knowledge Discovery Berthold Lausen, Sabine Krolak-Schwerdt, Matthias Böhmer, 2015-05-06 This volume comprises papers dedicated to data science and the extraction of knowledge from many types of data: structural, quantitative, or statistical approaches for the analysis of data; advances in classification, clustering and pattern recognition methods; strategies for modeling complex data and mining large data sets; applications of advanced methods in specific domains of practice. The contributions offer interesting applications to various disciplines such as psychology, biology, medical and health sciences; economics, marketing, banking and finance; engineering; geography and geology; archeology, sociology, educational sciences, linguistics and musicology; library science. The book contains the selected and peer-reviewed papers presented during the European Conference on Data Analysis (ECDA 2013) which was jointly held by the German Classification Society (GfKl) and the French-speaking Classification Society (SFC) in July 2013 at the University of Luxembourg. |
data science operating model: Robust Quality Rajesh Jugulum, 2018-09-03 Historically, the term quality was used to measure performance in the context of products, processes and systems. With rapid growth in data and its usage, data quality is becoming quite important. It is important to connect these two aspects of quality to ensure better performance. This book provides a strong connection between the concepts in data science and process engineering that is necessary to ensure better quality levels and takes you through a systematic approach to measure holistic quality with several case studies. Features: Integrates data science, analytics and process engineering concepts Discusses how to create value by considering data, analytics and processes Examines metrics management technique that will help evaluate performance levels of processes, systems and models, including AI and machine learning approaches Reviews a structured approach for analytics execution |
data science operating model: Data-Driven Modelling and Predictive Analytics in Business and Finance Alex Khang, Rashmi Gujrati, Hayri Uygun, R. K. Tailor, Sanjaya Gaur, 2024-07-24 Data-driven and AI-aided applications are next-generation technologies that can be used to visualize and realize intelligent transactions in finance, banking, and business. These transactions will be enabled by powerful data-driven solutions, IoT technologies, AI-aided techniques, data analytics, and visualization tools. To implement these solutions, frameworks will be needed to support human control of intelligent computing and modern business systems. The power and consistency of data-driven competencies are a critical challenge, and so is developing explainable AI (XAI) to make data-driven transactions transparent. Data- Driven Modelling and Predictive Analytics in Business and Finance covers the need for intelligent business solutions and applications. Explaining how business applications use algorithms and models to bring out the desired results, the book covers: Data-driven modelling Predictive analytics Data analytics and visualization tools AI-aided applications Cybersecurity techniques Cloud computing IoT-enabled systems for developing smart financial systems This book was written for business analysts, financial analysts, scholars, researchers, academics, professionals, and students so they may be able to share and contribute new ideas, methodologies, technologies, approaches, models, frameworks, theories, and practices. |
data science operating model: Technology Operating Models for Cloud and Edge Ahilan Ponnusamy, Andreas Spanner, 2023-08-11 Align your operating model with your organization's goals and enable leadership, culture, engineering, and operations to tame the complexities of the distributed future Purchase of the print or Kindle book includes a free PDF eBook Key Features Get hands-on with creating your operating model across on-premises, cloud, and edge Learn how to group, construct, and scope operating model dimensions Tackle operating model complexities like architecture, stakeholder management, platform operations, compliance, security, and technology selection Book DescriptionCloud goals, such as faster time to market, lower total cost of ownership (TCO), capex reduction, self-service enablement, and complexity reduction are important, but organizations often struggle to achieve the desired outcomes. With edge computing gaining momentum across industries and making it possible to move workloads seamlessly between cloud and edge locations, organizations need working recipes to find ways of extracting the most value out of their cloud and edge estate. This book provides a practical way to build a strategy-aligned operating model while considering various related factors such as culture, leadership, team structures, metrics, intrinsic motivators, team incentives, tenant experience, platform engineering, operations, open source, and technology choices. Throughout the chapters, you’ll discover how single, hybrid, or multicloud architectures, security models, automation, application development, workload deployments, and application modernization can be reutilized for edge workloads to help you build a secure yet flexible technology operating model. The book also includes a case study which will walk you through the operating model build process in a step-by-step way. By the end of this book, you’ll be able to build your own fit-for-purpose distributed technology operating model for your organization in an open culture way.What you will learn Get a holistic view of technology operating models and linked organization goals, strategy, and teams Overcome challenges of extending tech operating models to distributed cloud and edge environments Discover key architectural considerations in building operating models Explore the benefits of using enterprise-ready open-source products Understand how open hybrid cloud and modern dev and ops practices improve outcomes Who this book is forIf you are a cloud architect, solutions architect, DevSecOps or platform engineering manager, CTO, CIO, or IT decision maker tasked with leading cloud and edge computing initiatives, creating architectures and enterprise capability models, aligning budgets, or showing your board the value of your technology investments, then this book is for you. Prior knowledge of cloud computing, application development, and edge computing concepts will help you get the most out of this book. |
data science operating model: 97 Things About Ethics Everyone in Data Science Should Know Bill Franks, 2020-08-06 Most of the high-profile cases of real or perceived unethical activity in data science arenâ??t matters of bad intent. Rather, they occur because the ethics simply arenâ??t thought through well enough. Being ethical takes constant diligence, and in many situations identifying the right choice can be difficult. In this in-depth book, contributors from top companies in technology, finance, and other industries share experiences and lessons learned from collecting, managing, and analyzing data ethically. Data science professionals, managers, and tech leaders will gain a better understanding of ethics through powerful, real-world best practices. Articles include: Ethics Is Not a Binary Conceptâ??Tim Wilson How to Approach Ethical Transparencyâ??Rado Kotorov Unbiased ≠ Fairâ??Doug Hague Rules and Rationalityâ??Christof Wolf Brenner The Truth About AI Biasâ??Cassie Kozyrkov Cautionary Ethics Talesâ??Sherrill Hayes Fairness in the Age of Algorithmsâ??Anna Jacobson The Ethical Data Storytellerâ??Brent Dykes Introducing Ethicizeâ?¢, the Fully AI-Driven Cloud-Based Ethics Solution!â??Brian Oâ??Neill Be Careful with Decisions of the Heartâ??Hugh Watson Understanding Passive Versus Proactive Ethicsâ??Bill Schmarzo |
data science operating model: Data Science and Analytics Sneha Kumari, K.K. Tripathy, Vidya Kumbhar, 2020-12-04 Data Science and Analytics explores the application of big data and business analytics by academics, researchers, industrial experts, policy makers and practitioners, helping the reader to understand how big data can be efficiently utilized in better managerial applications. |
data science operating model: Introduction to Business Model Innovation , Welcome to the forefront of knowledge with Cybellium, your trusted partner in mastering the cutting-edge fields of IT, Artificial Intelligence, Cyber Security, Business, Economics and Science. Designed for professionals, students, and enthusiasts alike, our comprehensive books empower you to stay ahead in a rapidly evolving digital world. * Expert Insights: Our books provide deep, actionable insights that bridge the gap between theory and practical application. * Up-to-Date Content: Stay current with the latest advancements, trends, and best practices in IT, Al, Cybersecurity, Business, Economics and Science. Each guide is regularly updated to reflect the newest developments and challenges. * Comprehensive Coverage: Whether you're a beginner or an advanced learner, Cybellium books cover a wide range of topics, from foundational principles to specialized knowledge, tailored to your level of expertise. Become part of a global network of learners and professionals who trust Cybellium to guide their educational journey. www.cybellium.com |
data science operating model: Artificial Intelligence and Machine Learning for EDGE Computing Rajiv Pandey, Sunil Kumar Khatri, Neeraj Kumar Singh, Parul Verma, 2022-04-26 Artificial Intelligence and Machine Learning for Predictive and Analytical Rendering in Edge Computing focuses on the role of AI and machine learning as it impacts and works alongside Edge Computing. Sections cover the growing number of devices and applications in diversified domains of industry, including gaming, speech recognition, medical diagnostics, robotics and computer vision and how they are being driven by Big Data, Artificial Intelligence, Machine Learning and distributed computing, may it be Cloud Computing or the evolving Fog and Edge Computing paradigms. Challenges covered include remote storage and computing, bandwidth overload due to transportation of data from End nodes to Cloud leading in latency issues, security issues in transporting sensitive medical and financial information across larger gaps in points of data generation and computing, as well as design features of Edge nodes to store and run AI/ML algorithms for effective rendering. - Provides a reference handbook on the evolution of distributed systems, including Cloud, Fog and Edge Computing - Integrates the various Artificial Intelligence and Machine Learning techniques for effective predictions at Edge rather than Cloud or remote Data Centers - Provides insight into the features and constraints in Edge Computing and storage, including hardware constraints and the technological/architectural developments that shall overcome those constraints |
data science operating model: Smarter New York City André Corrêa d'Almeida, 2018-08-28 Innovation is often presented as being in the exclusive domain of the private sector. Yet despite widespread perceptions of public-sector inefficiency, government agencies have much to teach us about how technological and social advances occur. Improving governance at the municipal level is critical to the future of the twenty-first-century city, from environmental sustainability to education, economic development, public health, and beyond. In this age of acceleration and massive migration of people into cities around the world, this book explains how innovation from within city agencies and administrations makes urban systems smarter and shapes life in New York City. Using a series of case studies, Smarter New York City describes the drivers and constraints behind urban innovation, including leadership and organization; networks and interagency collaboration; institutional context; technology and real-time data collection; responsiveness and decision making; and results and impact. Cases include residential organic-waste collection, an NYPD program that identifies the sound of gunshots in real time, and the Vision Zero attempt to end traffic casualties, among others. Challenging the usefulness of a tech-centric view of urban innovation, Smarter New York City brings together a multidisciplinary and integrated perspective to imagine new possibilities from within city agencies, with practical lessons for city officials, urban planners, policy makers, civil society, and potential private-sector partners. |
data science operating model: Data Science and Applications Satyasai Jagannath Nanda, |
data science operating model: Big Data on Campus Karen L. Webber, Henry Y. Zheng, 2020-11-03 Webber, Henry Y. Zheng, Ying Zhou |
data science operating model: Data Science and Digital Business Fausto Pedro García Márquez, Benjamin Lev, 2019-01-04 This book combines the analytic principles of digital business and data science with business practice and big data. The interdisciplinary, contributed volume provides an interface between the main disciplines of engineering and technology and business administration. Written for managers, engineers and researchers who want to understand big data and develop new skills that are necessary in the digital business, it not only discusses the latest research, but also presents case studies demonstrating the successful application of data in the digital business. |
data science operating model: Machine Intelligence and Data Science Applications Vaclav Skala, T. P. Singh, Tanupriya Choudhury, Ravi Tomar, Md. Abul Bashar, 2022-08-01 This book is a compilation of peer reviewed papers presented at International Conference on Machine Intelligence and Data Science Applications (MIDAS 2021), held in Comilla University, Cumilla, Bangladesh during 26 – 27 December 2021. The book covers applications in various fields like image processing, natural language processing, computer vision, sentiment analysis, speech and gesture analysis, etc. It also includes interdisciplinary applications like legal, healthcare, smart society, cyber physical system and smart agriculture, etc. The book is a good reference for computer science engineers, lecturers/researchers in machine intelligence discipline and engineering graduates. |
data science operating model: Practical Data Analytics for BFSI Bharat Sikka, Dr. Priyender Yadav, Dr. Prashant Verma, 2023-09-02 Revolutionizing BFSI with Data Analytics KEY FEATURES ● Real-world examples and exercises will ground you in the practical application of analytics techniques specific to BFSI. ● Master Python for essential coding, SQL for data manipulation, and industry-leading tools like IBM SPSS and Power BI for sophisticated analyses. ● Understand how data-driven strategies generate profits, mitigate risks, and redefine customer support dynamics within the BFSI sphere. DESCRIPTION Are you looking to unlock the transformative potential of data analytics in the dynamic world of Banking, Financial Services, and Insurance (BFSI)? This book is your essential guide to mastering the intricate interplay of data science and analytics that underpins the BFSI landscape. Designed for intermediate-level practitioners, as well as those aspiring to join the ranks of BFSI analytics professionals, this book is your compass in the data-driven realm of banking. Address the unique challenges and opportunities of the BFSI sector using Artificial Intelligence and Machine Learning models for a data driven analysis. This book is a step by step guide to utilize tools like IBM SPSS and Microsoft Power BI. Hands-on examples that utilize Python and SQL programming languages make this an essential guide. The book features numerous case studies that illuminate various use cases of Analytics in BFSI. Each chapter is enriched with practical insights and concludes with a valuable multiple-choice questionnaire, reinforcing understanding and engagement. This book will uncover how these solutions not only pave the way for increased profitability but also navigate risks with precision and elevate customer support to unparalleled heights. WHAT WILL YOU LEARN ● Delve into the world of Data Science, including Artificial Intelligence and Machine Learning, with a focus on their application within BFSI. ● Explore hands-on examples and step-by-step tutorials that provide practical solutions to real-world challenges faced by banking institutions. ● Develop skills in essential programming languages such as Python (fundamentals) and SQL (intermediate), crucial for effective data manipulation and analysis. ● Gain insights into how businesses adapt data-driven strategies to make informed decisions, leading to improved operational efficiency. ● Stay updated on emerging trends, technologies, and innovations shaping the future of data analytics in the BFSI industry. WHO IS THIS BOOK FOR? This book is tailored for professionals already engaged in or seeking roles within Data Analytics in the BFSI industry. Additionally, it serves as a strategic resource for business leaders and upper management, guiding them in shaping data platforms and products within their organizations. The book also serves as a starting point for individuals interested in the BFSI sector. Prior experience with coding tools such as Python, SQL, Power BI is beneficial but not required as it covers all dimensions from the basics. TABLE OF CONTENTS 1. Introduction to BFSI and Data Driven Banking 2. Introduction to Analytics and Data Science 3. Major Areas of Analytics Utilization 4. Understanding Infrastructures behind BFSI for Analytics 5. Data Governance and AI/ML Model Governance in BFSI 6. Domains of BFSI and team planning 7. Customer Demographic Analysis and Customer Segmentation 8. Text Mining and Social Media Analytics 9. Lead Generation Through Analytical Reasoning and Machine Learning 10. Cross Sell and Up Sell of Products through Machine Learning 11. Pricing Optimization 12. Data Envelopment Analysis 13. ATM Cash Forecasting 14. Unstructured Data Analytics 15. Fraud Modelling 16. Detection of Money Laundering and Analysis 17. Credit Risk and Stressed Assets 18. High Performance Architectures: On-Premises and Cloud 19. Growing Trends in the Data-Driven Future of BFSI |
The data-driven enterprise of 2025 - McKinsey & Company
Data operating model treats data like a product. The chief data officer’s role is expanded to generate value. Data-ecosystem memberships are the norm. Data management is prioritized …
Data Strategy and Operating Model - GOV.UK
Operating Model. Our flexible approach is tailored to your needs and addresses foundational capabilities, touching on all aspects of an organisation’s data estate to maximise insight...
Operating Models for Data & Analytics - Amazon Web …
An operating model is critical for aligning data & analytics resources across the enterprise and achieving both agility and governance. Creating and nurturing an operating model is the …
OPERATING MODEL FOR DATA GOVERNANCE AND …
The Business Technology Standard’s Operating Model for Data Governance and Data Management extension, which this article is based on, provides best practices and leadership …
Introducing the next-generation operating model - McKinsey …
• What is the operating model needed to simultaneously disrupt existing processes, drive value, and improve customer experience while reducing costs to serve? • How do we actually build it …
Data and Analytics Target Operating Model Brochure A4 010719
Tata Consultancy Services' (TCS') Data and Analytics Target Operating Model (DATOMTM) helps organizations to adopt best practices depending on the context of their data and analytics …
Anatomy of a Data Management Operating Model - Ortecha
Define the relationship between data domains and data products. The data structure and the capability model inform the organisational structure. This model establishes the business, …
Data Science Operating Model (book) - archive.ncarb.org
professional reference operating model for a data science function in an organization This operating model covers the roles and skills required in a team the techniques and technologies …
S Operating Model for Data Governance - managebt.org
It coordinates and approves data-related practices and instructions, taking all perspectives (architecture, projects, processes, operations, services) into account.
Drive Successful Digital Growth With Data and Analytics
• Expert inquiry: Discuss the operating model. • Phone consultation: Discuss methods, tools and characteristics of a modern operating model. • Conference: Attend Gartner Data & Analytics …
Building an Analytical Roadmap: A Real Life Example - SAS
Where do I start and how do I plan for big data analytics? Avoid delving into technological questions before answering the what and why questions. Involve all stakeholders and experts. …
Gain greater resilience with a modern data operating model
There are three types of resilience that organizations must build and foster: data, cyber, and business. Each level of resilience results from an increasing mastery of the five layers of a …
Data Science Operating Model (Download Only)
professional reference operating model for a data science function in an organization This operating model covers the roles and skills required in a team the techniques and technologies …
DATA GOVERNANCE AND DATA MANAGEMENT WHITE …
The Canonical Data Model (CDM) 18 What is a canonical data model? 18 Building the canonical data model 18 Where do you start? 21 The role of the Canonical Data Model in the Open Data …
Building an Effective & Extensible Data & Analytics Operating …
To keep pace with ever-present business and technology change and challenges, organizations need operating models built with a strong data and analytics foundation. Here’s how your …
The Power of Data-Driven Asset Management I Accenture
Process is organized into operating models which support business and data transformation. For example, operating models which support the complete, end-to-end data lifecycle from initial …
Data Management Operating Procedures and Guidelines
Update DM OP-006, OP-034, and G-007 to capture new procedures for reusing and updating the Enterprise Logical Data Model (ELDM). Restructure the DM OP&G document so that each …
Data Science Operating Model (Download Only)
professional reference operating model for a data science function in an organization This operating model covers the roles and skills required in a team the techniques and technologies …
Operating Systems and Infrastructure in Data Science
Data Science Modern data scientists work with a number of tools and operating system facilities in addition to online platforms. Mastering these in combination to manage their data and to …
Analytics operating models - Deloitte United States
Readily available software-as-a-service (SaaS) visualization solutions provide easy integration to big data …
The data-driven enterprise of 2025 - McKinsey & Com…
Data operating model treats data like a product. The chief data officer’s role is expanded to generate value. Data …
Data Strategy and Operating Model - GOV.UK
Operating Model. Our flexible approach is tailored to your needs and addresses foundational capabilities, touching …
Operating Models for Data & Analytics - Amazon Web S…
An operating model is critical for aligning data & analytics resources across the enterprise and achieving …
OPERATING MODEL FOR DATA GOVERNANCE AND M…
The Business Technology Standard’s Operating Model for Data Governance and Data Management extension, …