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Chief Data Officer: Evolution to the Chief Analytics Officer and Data Science

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Chief Data Officer: Evolution to the Chief Analytics Officer and Data Science

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  • DOWNLOAD FULL BOOKS, INTO AVAILABLE FORMAT ......................................................................................................................... ......................................................................................................................... 1.DOWNLOAD FULL. PDF EBOOK here { https://tinyurl.com/y3nhqquc } ......................................................................................................................... 1.DOWNLOAD FULL. EPUB Ebook here { https://tinyurl.com/y3nhqquc } ......................................................................................................................... 1.DOWNLOAD FULL. doc Ebook here { https://tinyurl.com/y3nhqquc } ......................................................................................................................... 1.DOWNLOAD FULL. PDF EBOOK here { https://tinyurl.com/y3nhqquc } ......................................................................................................................... 1.DOWNLOAD FULL. EPUB Ebook here { https://tinyurl.com/y3nhqquc } ......................................................................................................................... 1.DOWNLOAD FULL. doc Ebook here { https://tinyurl.com/y3nhqquc } ......................................................................................................................... ......................................................................................................................... ......................................................................................................................... .............. Browse by Genre Available eBooks ......................................................................................................................... Art, Biography, Business, Chick Lit, Children's, Christian, Classics, Comics, Contemporary, Cookbooks, Crime, Ebooks, Fantasy, Fiction, Graphic Novels, Historical Fiction, History, Horror, Humor And Comedy, Manga, Memoir, Music, Mystery, Non Fiction, Paranormal, Philosophy, Poetry, Psychology, Religion, Romance, Science, Science Fiction, Self Help, Suspense, Spirituality, Sports, Thriller, Travel, Young Adult,
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Chief Data Officer: Evolution to the Chief Analytics Officer and Data Science

  1. 1. @CraigMilroy © 11-2014© 12-2014 Chief Data Officer: Evolution to the Chief Analytics Officer and Data Science Craig C. Milroy, Chief Data Architect
  2. 2. @CraigMilroy © 11-2014@CraigMilroy Data Complexity and the recent rise of the CDO role…. Organizations are creating the office of the CDO to resolve business “pain-points” within data environments. …Gartner Inc. predicts that 25 percent of large global organizations will have appointed CDOs by 2015… Gartner Inc. 01/2014 Due to the relatively short history of the role, CDOs often operate without the benefit of formal industry guidance, frameworks or methodologies. … one size does not fit all ...
  3. 3. @CraigMilroy © 11-2014@CraigMilroy Chief Data Officers are a good idea….. In February 2013 Gene Leganza of Forrester Research made the following observation: "Chief data officers are a good idea – but how is it going to work?"Gene Leganza’s blog, Forrester, February 2013. …determine the best approach for resource allocation and resolution... …organizations must understand the source of the challenges ...
  4. 4. @CraigMilroy © 11-2014@CraigMilroy Businesses that understand opportunities within…. …The Office of the Chief Data Officer (OCDO) will enable an effective business technology response… …have an ability to create a competitive advantage within their target market…
  5. 5. @CraigMilroy © 11-2014@CraigMilroy … it’s all about DATA
  6. 6. @CraigMilroy © 11-2014@CraigMilroy … Chief Analytics Officer… Where does it fit? …
  7. 7. Office of the CDO – Straw man Evolution of the Chief Analytics Officer… CIO CxO/LOB Board CDO Data Governance Data Strategy Data Innovation Data Enablement BI&A Communication Data Policy Data Quality Data Model Master Data Reference Data Clients We Serve Channels We Support Business Capabilities Business Processes Data Foundation External Parties Chief Analytics Officer
  8. 8. Office of the CDO – Straw man Evolution of the Chief Analytics Officer… CDO CAO Chief Data Scientist BI&A CDO CAO Chief Data Scientist BI&A CDO CAO Chief Data Scientist BI&A LoB DS LoB BI&AData Scientist BI&A Data Scientist BI&A "Cloud Cover" "ValueRealized" "OrganizationalSilos" …To enable success; this capability must be a business centric effort. It is essential that the analytics effort is aligned with the Office of the Chief Data Officer or Chief Analytics Officer and NOT under a traditional IT organization…
  9. 9. @CraigMilroy © 11-2014@CraigMilroy … DATA is now not only considered as an Asset for Competitive Advantage; but now a Strategic Asset for Competitive Survival …
  10. 10. @CraigMilroy © 11-2014@CraigMilroy … Data Science is the art of turning data into actionable business outcomes… …The creation of actionable business outcomes without exposing decision makers to the underlying complexity of data or analytics… … Data Science is about digital storytelling…
  11. 11. @CraigMilroy © 11-2014@CraigMilroy Business Intelligence Data Science • Backward Looking • Slice and Dice Data • Warehoused and Siloed Data • Analyze the Past • Create Reports • Forward Looking • Interact with Data • Distribute, Real Time Data • Predict, Advise, Guide • Creates Actionable Insights PastEvents FutureEvents …Data Science is an unrealized innovation opportunity and competitive advantage for organizations... A Comparison Past vs. Future
  12. 12. @CraigMilroy © 11-2014@CraigMilroy Data Science Evolution Data Science is the art of digital storytelling Data Science creates actionable business insight and direction Data Science is a shift from hypothesis- based to pattern based reasoning. Data Science is the key ingredient for competitive advantage and survival Data Science capabilities will evolve over time. Data Science Evolution ….A shift from traditional analysis approaches aka “gut instinct”…
  13. 13. @CraigMilroy © 11-2014 Key Data Scientist Requirements Business Domain Expertise Computer Science Math and Statistics Machine Learning Software Tooling Research Methods Unicorn Digital Storytelling Creativity Domain Expertise Technical Expertise Big Picture Thinking
  14. 14. @CraigMilroy © 11-2014 Key Data Scientist Capabilities Discrete Event Simulation Agent Based Simulation Collaborative Filtering Design of Experiments Discrete Wavelet Transform Differential Equations Coordinate Transformati on Stepwise Regression Generalized Linear Models Gaussian Filtering Hidden Markov Models Naïve Bayes Hierarchical Clustering K-means and X-means Clustering Outlier Removal Stochastic Gradient Descent Regression with Shrinkage (Lasso) Principal Components Analysis Sensitivity Analysis Differential Equations Term Frequency Inverse Document Frequency … To enable the future a few basic algorithms we should know… … A bit more complicated than today’s environment…
  15. 15. @CraigMilroy © 11-2014 The Data Scientist Capability Toolbox … not all capabilities are required day one… … however the capabilities can grow over time… Actionable Business Insights
  16. 16. @CraigMilroy © 11-2014@CraigMilroy … The Data Scientist will enable you to…
  17. 17. @CraigMilroy © 11-2014 Web Searches Location Chat Logs Social Network IP Addresses Device … many organizations are unware of the opportunities to enhance the level of customer engagement … … provide a unique data lens on your business…
  18. 18. @CraigMilroy © 11-2014 Social Account Product Event Channel Product Line of Business AccountCustomer Channel Device Customer … provide a view of your customer that was consistently out of reach…
  19. 19. @CraigMilroy © 11-2014 Event Social Account Product Channel Device Customer =+ … enable a customer centric view of your data and realize The Next Big Thing…
  20. 20. @CraigMilroy © 11-2014@CraigMilroy … it’s all about DATA LEADERSHIP 20
  21. 21. @CraigMilroy © 11-2014@CraigMilroy Banking, Big Data, Business Analytics, Business Architecture, Business Capability, Business Intelligence, Business Leadership Business Process, Business Transformation, Chief Data Architect, Cloud, Customer Centricity, Customer Relationship Management , Data Architecture , Data Assessments, Data Exploration, Data Governance, Data Integration, Data Process Modeling, Data Quality, Data Strategy, Data Streams, Data Visualization, Data Warehouse, Design, Financial Services, Enterprise Architecture, FSLDM, Hadoop, Information Lifecycle Management, Investment, Master Data Management, Metadata Management, Mobile, Next Generation Data Platform, Open Data, Open Source, Reference Data Management, Roadmap, Risk Management, Startup, Technology Stack, Thought Leadership craigmilroy ca.linkedin.com/in/craigcmilroy

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