RA Technology Data Science in...

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Data Science in Business RA Technology 1

Transcript of RA Technology Data Science in...

Page 1: RA Technology Data Science in Businessfit.uet.vnu.edu.vn/dmss2016/files/lecture/HaThanhTung-Lecture.pdf · Context of "Data Science in Business" Question and Answer 3 Financial (Fintech)

Data Sciencein Business

RA Technology

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Page 2: RA Technology Data Science in Businessfit.uet.vnu.edu.vn/dmss2016/files/lecture/HaThanhTung-Lecture.pdf · Context of "Data Science in Business" Question and Answer 3 Financial (Fintech)

Content and ContextQuantity is better than quality

Data Science projects of RA Technology

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Context of "Data Science in Business"

Question and Answer3

➔ Financial (Fintech)➔ Ecommerce➔ Advertising (Adtech)➔ Other...

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Page 3: RA Technology Data Science in Businessfit.uet.vnu.edu.vn/dmss2016/files/lecture/HaThanhTung-Lecture.pdf · Context of "Data Science in Business" Question and Answer 3 Financial (Fintech)

Data science in business

Detect data insight

Utilize data mining/data science technique to:

Modeling data insight

Use insight model for new problem,

new target, ...

Create new values, unfair advantages

for company

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Page 4: RA Technology Data Science in Businessfit.uet.vnu.edu.vn/dmss2016/files/lecture/HaThanhTung-Lecture.pdf · Context of "Data Science in Business" Question and Answer 3 Financial (Fintech)

Fintech: Credit score modelConsumer lending market: $15 BILLION.

30%18-24

33%25-34

10%35-44

25%Others

30%

10% 8%

30%

22%

Age distribution Income distribution (by million VND)4

1. Estimation and distribution from Money Lover's report, 2016

Page 5: RA Technology Data Science in Businessfit.uet.vnu.edu.vn/dmss2016/files/lecture/HaThanhTung-Lecture.pdf · Context of "Data Science in Business" Question and Answer 3 Financial (Fintech)

Fintech: Credit score model

Cash, Credit, Debit, ATM, Bank

Statement …

Payment AbilityPayment HistorySpending Habit

Customer Profile

Credibility & Trustworthiness

Job, Age, …

Transaction

Profile

Network

Mobile phone, social networking

site …

USER’S CREDIT SCORE

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Page 6: RA Technology Data Science in Businessfit.uet.vnu.edu.vn/dmss2016/files/lecture/HaThanhTung-Lecture.pdf · Context of "Data Science in Business" Question and Answer 3 Financial (Fintech)

Use credit score

Share feedback data

Lender

Credit Score model

Lender

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Page 7: RA Technology Data Science in Businessfit.uet.vnu.edu.vn/dmss2016/files/lecture/HaThanhTung-Lecture.pdf · Context of "Data Science in Business" Question and Answer 3 Financial (Fintech)

Fintech: other businesses

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FRAUD DETECTION> $1B/year of market to reduce risk

STOCK TRADING BOT> $50B/year of market to play

Financial cross saleJust BIG

71. Estimation from Money Lover's report, 2016

Page 8: RA Technology Data Science in Businessfit.uet.vnu.edu.vn/dmss2016/files/lecture/HaThanhTung-Lecture.pdf · Context of "Data Science in Business" Question and Answer 3 Financial (Fintech)

E-Commerce: Upsale technologyPotential market $10B/year

VERY SMALL COVERAGE

One of three biggest sites> 3K transactions/day

81. Estimation from RA Technology's research, 2016

Page 9: RA Technology Data Science in Businessfit.uet.vnu.edu.vn/dmss2016/files/lecture/HaThanhTung-Lecture.pdf · Context of "Data Science in Business" Question and Answer 3 Financial (Fintech)

E-Commerce: Upsale technologyDirect marketing using RFM model

91. Data Mining Using RFM Analysis - Derya Birant, Dokuz Eylul University, Turkey

Page 10: RA Technology Data Science in Businessfit.uet.vnu.edu.vn/dmss2016/files/lecture/HaThanhTung-Lecture.pdf · Context of "Data Science in Business" Question and Answer 3 Financial (Fintech)

E-Commerce: Upsale technologyDirect marketing by RFM model

101. Data Mining Using RFM Analysis - Derya Birant, Dokuz Eylul University, Turkey

Page 11: RA Technology Data Science in Businessfit.uet.vnu.edu.vn/dmss2016/files/lecture/HaThanhTung-Lecture.pdf · Context of "Data Science in Business" Question and Answer 3 Financial (Fintech)

E-Commerce: Upsale technologyDirect marketing by RFM model & Recommendation

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Bestcustomers

Need areminder

Need to beupsold (551)

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Direct marketing and recommendation

Customer engagementProduct loyalty

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1. Data Mining Using RFM Analysis - Derya Birant, Dokuz Eylul University, Turkey

Page 12: RA Technology Data Science in Businessfit.uet.vnu.edu.vn/dmss2016/files/lecture/HaThanhTung-Lecture.pdf · Context of "Data Science in Business" Question and Answer 3 Financial (Fintech)

Adtech: Personalized content/advertisingMarket: $200M/year

121. Estimation from RA Technology's research, 2016

Page 13: RA Technology Data Science in Businessfit.uet.vnu.edu.vn/dmss2016/files/lecture/HaThanhTung-Lecture.pdf · Context of "Data Science in Business" Question and Answer 3 Financial (Fintech)

Adtech: Personalized content advertising

Provide free content recommendation for

website

Share revenue with website+ +

Content marketers buy advertising to be

shown with website's recommendation

RaContent solution

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Page 14: RA Technology Data Science in Businessfit.uet.vnu.edu.vn/dmss2016/files/lecture/HaThanhTung-Lecture.pdf · Context of "Data Science in Business" Question and Answer 3 Financial (Fintech)

Adtech: Personalized content advertising

Higher click through rate

(250%)

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Page 15: RA Technology Data Science in Businessfit.uet.vnu.edu.vn/dmss2016/files/lecture/HaThanhTung-Lecture.pdf · Context of "Data Science in Business" Question and Answer 3 Financial (Fintech)

Adtech: Other businessesCross-domain recommendation (cross-sale)Market: $500M/year

151. Estimation from RA Technology's research, 2016

Page 16: RA Technology Data Science in Businessfit.uet.vnu.edu.vn/dmss2016/files/lecture/HaThanhTung-Lecture.pdf · Context of "Data Science in Business" Question and Answer 3 Financial (Fintech)

Hanoi

Da Nang

Ho Chi Minhcity

Hai PhongConclusion

Advantage

Disadvantage

We are in very early stage ofdata science in business

Huge potential marketFirst mover advantageFew competitors

Data is almost unreachableMarket lacks of awarenessPrivacy concerns

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Page 18: RA Technology Data Science in Businessfit.uet.vnu.edu.vn/dmss2016/files/lecture/HaThanhTung-Lecture.pdf · Context of "Data Science in Business" Question and Answer 3 Financial (Fintech)

Thank You For Your Attention

RA Technologyrichanchor.com

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