How Data Scientists add value to your Business Organization? - PowerPoint PPT Presentation

About This Presentation
Title:

How Data Scientists add value to your Business Organization?

Description:

Mostly data scientists are being trained in computer science, math and statistics. The expertise of data scientists can be used in data visualization, data mining, and the information management. – PowerPoint PPT presentation

Number of Views:195
Slides: 13
Provided by: janbasktraining

less

Transcript and Presenter's Notes

Title: How Data Scientists add value to your Business Organization?


1
How Data Scientists add value to your Business
Organization?
2
A Data Scientist Add Value To Your Business
  • Empowering business management to speed up the
    decision making
  • Better goal definition - Actions as per Trend
  • Directing staff members to focus on important
    matters
  • Identifying Opportunities
  • Improved decision-making process
  • Testing and validating decisions
  • Analyzing and Identifying the Target Audience
  • Right Talent Recruitment for Organization

3
To Speed Up The Decision Making
4
Better Goal Definition - Actions As Per Trend
  • Mostly data scientists are being trained in
    computer science, math and statistics. The
    expertise of data scientists can be used in data
    visualization, data mining, and the information
    management.
  • Data scientists are responsible to analyze and
    explore organizational data.
  • Then they can easily prescribe or recommend
    certain actions as per its result.
  • In all the performance of the organization can be
    improved a lot.
  • Profitability can be increased and customer
    engagement can be improved through them.

5
Identifying Opportunities
Guided product development path
  • During their interaction with the organizational
    staff data scientists ask them about current
    processes
  • And assumptions and try to know how they will
    develop additional methods and advanced
    algorithms to improve the product.
  • Organizations continuously and constantly improve
    the organizational values with such guided
    product development path.

6
Improved decision-making process
  • Improved decision-making process
  • As data scientists deal with data gathering, data
    analysis and various other tasks related to data,
    so they can sometimes create the data models with
    the help of existing organizational data.
  • A variety of potential actions can be taken with
    the help of data analytics.
  • The models that are created with the help of
    organizational data can help the organizations in
    learning and making the business outcomes
    effective.


7
Testing And Validating Decisions
Most of the imperative part of decision making is
implementation of the decisions and changes as
per analytics result.
  • One must know the result of any decision on
    organization
  • this is where data scientists help the
    organizations
  • they can predict the effect of certain change on
    organization and its product and profile
  • They use the key metrics to analyze the impact
    and result.

8
Analyzing Identifying The Target Audience
  • Know the source and the behavior of their target
    audiences
  • Prepare statistics to produce the meaningful and
    useful information
  • Organizations can learn more about their
    customers with the help of data science experts
    in a short time only.

9
Right Talent Recruitment for Organization
  • Recruitment team of any organization has to read
    the resumes all the day but big data involvement
    is changing the scenario.
  • With the help of data present in the
    organization, data scientists can find the best
    suitable or appropriate candidate for their
    business organization.
  • Even QA professionals can easily move to other
    areas of the organization and become director of
    global business organizations.

Find Right Talent
10
Importance Data Science For An Organization
  • The expertise of data scientists can be used in
    data visualization, data mining, and the
    information management.
  • It basically mitigates the frauds and risk, as
    data scientists are usually trained to identify
    any unusual data.
  • With the help of data scientists, relevant
    product can be timely delivered without
    compromising the quality of that.
  • With the help of data science and data
    scientists, even the most personalized product
    can be delivered to the customers.

11
Final Words
  • it can be said that data, scientists are
    important for the organizations.
  • They can help the organizations in optimizing
    their goal policies and designing their product a
    per customer expectations.
  • By using data many business values can be added
    to the organization.
  • They can provide valuable and insightful
    information to the organization that can help
    them in hiring new candidates
  • They help the senior staff of the organization in
    taking better decision.
  • Data scientists are asset for any organization
    that can help them in earning more profit and
    growth in the market-place.

12
Thank you
Happy learning
Write a Comment
User Comments (0)
About PowerShow.com