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Building your data science capabilities - Nulab Drinking Code 2018-08-31

827edc42d80fceca858a1603738385b4?s=47 Dat Le
August 31, 2018

Building your data science capabilities - Nulab Drinking Code 2018-08-31

827edc42d80fceca858a1603738385b4?s=128

Dat Le

August 31, 2018
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  1. BUILDING YOUR DATA SCIENCE CAPABILITIES @lenguyenthedat .
 Exploring Data Science

    - Nulab Drinking Code
  2. ~ 2010 - MSc. Computer Science 
 2011-2013 
 


    
 2013-2015 
 
 
 2016-2017 
 
 
 2017-2018 
 2018-NOW
  3. “A unicorn is just a horse with a point of

    view” - Ron Sexsmith “A Data Scientist is someone who possesses the skill sets to leverage data, delivering business impact”
  4. BUILDING YOUR DATA SCIENCE CAPABILITIES STEP #1 - HIRING YOUR

    DATA SCIENTISTS
  5. BUILDING YOUR DATA SCIENCE CAPABILITIES STEP #1 - HIRING YOUR

    DATA SCIENTISTS
  6. BUILDING YOUR DATA SCIENCE CAPABILITIES STEP #1 - LET’S TAKE

    A STEP BACK AND TALK NUMBERS
  7. BUILDING YOUR DATA SCIENCE CAPABILITIES Salary of a data scientist

    or a data engineer can easily go higher than $100k, or in some cases, over $200k a year
 
 $100k-500k spend on tools, servers, and licenses a year https://www.techinasia.com/data-scientist-salaries-singapore-revealed
  8. BUILDING YOUR DATA SCIENCE CAPABILITIES Ballpark figure: $1M-2M/year

  9. BUILDING YOUR DATA SCIENCE CAPABILITIES QUESTION #1 - DO YOU

    REALLY NEED DATA SCIENTISTS?
  10. QUESTION #1 - DO YOU REALLY NEED DATA SCIENTISTS? “My

    data is too big, Excel wouldn’t load anymore! I need a data scientist!” 32GB DDR4 RAM = $400
  11. QUESTION #1 - DO YOU REALLY NEED DATA SCIENTISTS? Sometimes

    you could hire an external consultant to solve the actual business problem you have
  12. QUESTION #1 - DO YOU REALLY NEED DATA SCIENTISTS?

  13. QUESTION #1 - DO YOU REALLY NEED DATA SCIENTISTS? Do

    you have a clear project, direction, business impact or do you just need some keywords?
  14. BUILDING YOUR DATA SCIENCE CAPABILITIES QUESTION #2 - DO YOU

    HAVE YOUR DATA INFRASTRUCTURE READY?
  15. QUESTION #2 - DO YOU HAVE YOUR DATA INFRASTRUCTURE READY?

  16. QUESTION #2 - DO YOU HAVE YOUR DATA INFRASTRUCTURE READY?

    Data Engineers enable Data Scientists to do their jobs more effectively.
  17. BUILDING YOUR DATA SCIENCE CAPABILITIES HIRING YOUR DATA SCIENTISTS when

    there is clearly a shortage of “unicorns”
  18. THE TRADITIONAL APPROACH TO DATA SCIENCE The traditional data scientist

    requires years of training done ahead of time Business Impact
  19. Modern Data Science toolkits 2010 2014 2014 2015 2014 2011

    WHAT CHANGES IN THE LAST FEW YEARS? making things a lot easier since 2010
  20. Practical and real- world experience + = Modern Data Science

    toolkits + Continuous learning ability Education can then start with the practical knowledge at the same time, or continue after one has already made business impact 2010 2014 2014 2015 2014 2011
  21. HIRING YOUR DATA SCIENTISTS Try not to look for people

    who ticks all the boxes, with “relevant” PhDs and years of experiences on those “skillsets”. Focus on demonstration of real business impact and ability to learn new things through kaggle, github, blogs, past experiences
  22. TAKEAWAYS Your data science capabilities do not start from hiring

    data scientists The shortage of unicorn data scientists is real, and how we could emphasize on real-world experience and learning ability instead
  23. LASTLY… Are you still confused about the Data Scientists?
 Here

    is our approach at 90 Seconds:
 
 http://bit.ly/data90s
  24. THANK YOU!