ARTICLE REVIEW SESSION

DATA SCIENTIST-THE SEXIEST JOB OF THE 21ST CENTURY

Presented By

C Viswachaithanya Reddy

Siva Sivani Institute of Management, Kompally,Hyderabad

INTRODUCTION

Name of the article : Data Scientist- The sexiest

job of the 21st century

Authors : Thomas H. Davenport &

D.J. Patil

Edition : October 2012

Source : Harvard Business Review

ABOUT THE AUTHORS

Thomas H Davenport:

An American author specializing in analytics, business process innovation and

Knowledge Management.

Director of Research at International Institute of Analytics & Senior Advisor to Deloitte

Analytics.

DJ Patil:

VP of Product at Relatel Q, Advisor at Inside Vault.

He worked as the Head of Data Products, Chief Scientist and CSO for LinkedIn

Corporation (2008-2011).

DATA SCIENCE

Data science is the study of the generalizable extraction

of knowledge from data.

It builds on techniques and theories from many fields, including

Mathematics,

Probability models ,

Statistical learning,

Computer programming,

Data engineering,

Pattern recognition and learning,

Visualization & Data Warehousing.

DATA SCIENTIST

Data Scientists are the people who understands how to fish out the answers

to Business Questions from todays Tsunami of unstructured data.

.

WHY DATA SCIENTIST IS A SEXIEST JOB?

A “data scientist” is a business expert.

A “data scientist” is a statistics expert.

A “data scientist” is a programming expert.

A “data scientist” is a database technology expert.

A “data scientist” is a visualization and communication expert.

Objective:

To know about data scientists: where to look for them, how to attract and develop

them, and how to spot a great one.

Theme:

Data scientists abilities, need for data scientists and how to find the data

scientists we need.

AUTHORS VIEW:

In this article, it was described that In some of the sectors, shortage of data

scientists has become a serious constraint.

Back in the 1990s, computer engineer and Wall Street “quant” were the hot

occupations in business.

Indeed, Greylock Partners, the VC firm that backed Facebook and LinkedIn, is

so worried about the shortage of data scientists.

“Data Scientists want to build things, not just give advice”

Ex: Jonathan Goldman

WHAT DS’S DO?

Identify the different data sources.

Swim in big data.

Find valuable sets in raw data.

Make the formless data structured.

SKILLS REQUIRED

Access to data.

Good oral and communication skills.

Good Mathematical and Statistical background to analyze the data.

Preferably can write the computer programming code R, SAS,STATA.

LEARNINGS

What companies need what type of Data scientists.

What are the abilities of Data scientists.

Skill set required for Data scientists.

Importance of Data scientists in the organization.

CONCLUSION

In this article, Harvard Business School’s Davenport and Patil take a deep dive

on what organizations need to know about data scientists: Finally, data

scientists want to build things, not just give advice.

Thank You