0% found this document useful (0 votes)
314 views19 pages

Chapter 4 - Future Trends and Principles of Success

The document discusses future trends in data science including medical data science and smart cities. It introduces medical data science applications like using sensors and patient data to make treatment suggestions. Smart cities are defined as using new technologies to gather and use citizen-generated data to manage utilities and services. The document also discusses principles of successful data science projects including having a clear focus, obtaining quality data, integrating teams of data scientists and business people, testing models, integrating results into business processes, and gaining senior management buy-in and support.

Uploaded by

4 C
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
314 views19 pages

Chapter 4 - Future Trends and Principles of Success

The document discusses future trends in data science including medical data science and smart cities. It introduces medical data science applications like using sensors and patient data to make treatment suggestions. Smart cities are defined as using new technologies to gather and use citizen-generated data to manage utilities and services. The document also discusses principles of successful data science projects including having a clear focus, obtaining quality data, integrating teams of data scientists and business people, testing models, integrating results into business processes, and gaining senior management buy-in and support.

Uploaded by

4 C
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
You are on page 1/ 19

Chapter 4

Future Trends and Principles of Success

Lecturer: MSc. Kiet Van Nguyen


Department of Data Science
Faculty of Information Science and Engineering

UIT, VNU-HCM INTRODUCTION TO DATA SCIENCE 1


We

Data Science
UIT, VNU-HCM INTRODUCTION TO DATA SCIENCE 2
Objectives of this lesson
 Introducing and understanding
 Medical Data Science
 Smart Cities
 Data Science Project Principles: Why
Projects Succeed or Fail?
 Final Thoughts

UIT, VNU-HCM INTRODUCTION TO DATA SCIENCE 3


Medical Data Science
 Why?
 Medical decisions based on: data (the best available
data) + an individual patient’s predicament and
preferences.
 Reducing costs (time + efforts)
=> Automating health care processes.

UIT, VNU-HCM INTRODUCTION TO DATA SCIENCE 4


Medical Data Science (Cont.)
Other
data
 How?
Patients’
Medical monitoring data MDS
sensors server system

Suggestion decisions

Patients Treatments Doctors

Patients’ data

 Other applications: medicines and their interactions

UIT, VNU-HCM INTRODUCTION TO DATA SCIENCE 5


Smart Cities
 Goal: new technology to be able to gather and use
the data generated by their citizens in order to
better manage the cities’ organizations, utilities,
and services.
 Three core enablers of this trend: data science, big
data, and IoT (Internet of Things)

UIT, VNU-HCM INTRODUCTION TO DATA SCIENCE 6


Smart Cities (Cont.)
 Smart-city projects: different data sources (real-time)
 a single data hub: analyzing and informing
management and planning decisions.
 Smart cities: Masdar (United Arab Emirates) and
Songdo (South Korea).
 Two core components in a smart city: sensor networks
and data-processing centers.
 Smart-city projects: energy efficiency, planning and
routing traffic, and planning utility services.

UIT, VNU-HCM INTRODUCTION TO DATA SCIENCE 7


Other Applications
 Natural Language Processing in Data Science
 Image Processing in Data Science
 Social Media Mining in Data Science
 Recommendation Systems in Data Science
 …

UIT, VNU-HCM INTRODUCTION TO DATA SCIENCE 8


Data Science Project Principles: Why
Projects Succeed or Fail?
 The success of a DS project based on 07 factors:

1. Focus
7. Iteration

6. Buy-in 2. Data

5. Integration 3. People
with the Business
4. Model
UIT, VNU-HCM INTRODUCTION TO DATA SCIENCE 9
Focus
 Clear objectives  Clear definition (What) 
informs:
 Data to use.
 ML algorithms to use,
 how to evaluate the results,
 how the analysis and models will be used and
deployed
 …

UIT, VNU-HCM INTRODUCTION TO DATA SCIENCE 10


Data
 Define what data are needed for the project.
 Available
 Not  building good-quality datasets (large if
using deep learning models).
 Without good-quality data, it is very difficult for a
data science project to succeed.
 Expensive cost (time and efforts) to create datasets.

UIT, VNU-HCM INTRODUCTION TO DATA SCIENCE 11


People
 Successful DS projects involve a team of people with
a blend of data science competencies and skills.
 Data science projects need:
 Successful data scientists are willing and able to:
 Work with data, to apply ML, and to frame real
world problems using data-driven solutions.
 Communicate with the management team, end users,

UIT, VNU-HCM INTRODUCTION TO DATA SCIENCE 12


Models
 Experiment with a variety of ML algorithms to
discover which works best with the data sets.
 Challenging for selecting ML algorithms:
 Domain, datasets.
 Features
 Infrastructures
 …

UIT, VNU-HCM INTRODUCTION TO DATA SCIENCE 13


Integration with the Business
 Define how the outputs and results of the project
will be deployed within the organization’s IT
architecture and business processes.
 Example: Customer-risk model  loan process in a bank.
 If the outputs and models created by a project are
not integrated into the business processes, then
these outputs will not be used, and, ultimately, the
project will fail.
 Academic vs Industry?

UIT, VNU-HCM INTRODUCTION TO DATA SCIENCE 14


Buy-in

 Successful data science projects supported by senior


managements:
 Technology + processes involved in the data science
project.
 how the outputs of the DS project can be used to the
organization’s advantage.
 Key to informing the rest of the organization about
the project and selling it to them.
 Have DS views as a strategy.

UIT, VNU-HCM INTRODUCTION TO DATA SCIENCE 15


Final Thoughts

 Data science projects help to answer real-life questions:


- What treatment should we use for this patient?
- Where should we allocate our policing resources?
- How many high schools do we need to build in the next four
years?
- …
 Data science  actionable insight  better decisions
 better outcomes.

UIT, VNU-HCM INTRODUCTION TO DATA SCIENCE 17


References

 Chapter 7, Data Science, John D. Kelleher, Brendan


Tierney, MIT Press. 2018.

UIT, VNU-HCM INTRODUCTION TO DATA SCIENCE 18


Q&A

UIT, VNU-HCM INTRODUCTION TO DATA SCIENCE 19


Thank you!

UIT, VNU-HCM INTRODUCTION TO DATA SCIENCE 20

You might also like