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IMPORTANCE & INTERPRETATION
OF DATA

by Ashvin Savani
God we trust	

Everything else gives Data
We all generate and use	

the Data but we don’t realise it!
Data - Raw information in numbers or text

342.05	

342.16	

342.28	

345.34	

346.89	

347.00
Information - Meaningful version of Data

342.05	

ft	

342.16	

ft	

342.28	

ft	

345.34	

ft	

346.89	

ft	

347.00 ft
Water Level at Ukai Dam
Knowledge - Contextual Information
345

343.75

342.5

341.25

340
Mon

Tue

Wed

Thu

Water Level at Ukai Dam

Fri

Sat
Wisdom - Application of Knowledge

Flood gates should be opened when water	

level reaches to 345 ft
When there is high inflow, water level	

may vary more than 2 ft in single day
Data Analysis - It’s an art used by smart people
1

Chanakya

2

Sardar Patel

3

TATAs & Ambani’s

4

Scientists

5

We also can :)
Data Analysis Systems
1

Informative - Sahdeva

2

Responsive - Krishna
Data in Life
1

Quality time

2

Healthy life

3

Life goals

4

Depression patients
Data in Business
1

Customers

2

Competition

3

Team

4

Growth
How to be Data Driven
1

Define Goal

2

Choose how to measure the progress?

3

Track the data frequently

4

Visualise the data

5

Data driven decisions
Data Scientists
Data usage in Life
Data usage in Business
50

37.5

25

12.5

0
Mon

Tue

Wed

Thu

Fri

Sat

Sun
Thank You
Ashvin Savani
Director	

at Avinashi Ventures

ashvin@avinashi.com	

98250 56565

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Importance and Interpretation of Data