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01) Introduction to Data Science

The presentation by Dr. Arpan Kar discusses the emergence of digital transformation and its implications for data science and big data analytics professionals. It highlights the characteristics of big data, the evolution of data science, and the challenges faced in practice. The presentation emphasizes the importance of machine learning and the growing role of cloud computing in data analytics.

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aaryan singh
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4 views18 pages

01) Introduction to Data Science

The presentation by Dr. Arpan Kar discusses the emergence of digital transformation and its implications for data science and big data analytics professionals. It highlights the characteristics of big data, the evolution of data science, and the challenges faced in practice. The presentation emphasizes the importance of machine learning and the growing role of cloud computing in data analytics.

Uploaded by

aaryan singh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Dr. Arpan Kar | IIT Delhi | arpan.kumar.kar@gmail.

com
Emergence of Digital Transformation

Smart People

Smart Governance Smart Economy


Digital
Transformation
Smart Living Smart Mobility

Smart Environment

Huge scope for Domain /


Interdisciplinary
Data Science functional scope

19-10-2024 Lecture Presentation | © Dr. A. K. Kar 2


Implications of Digital Transformation for
Data Science & Big Data Analytics Professionals

Data generation
Web 4.0 Industry 4.0 IoT Devices Digital Services Transactions Biometrics Communication

19-10-2024 Lecture Presentation | © Dr. A. K. Kar 3


4V Characteristics of Big Data (+Value)

Cost efficiently Responding to the Collectively Analyzing


processing the increasing Velocity the broadening
growing Volume Variety
30 Billion
50x 35 ZB RFID sensors
and counting 80% of the
worlds data is
unstructured
2010 2020

Establishing the 1 in 3 business leaders don’t trust the


Veracity of big information they use to make decisions
data sources

19-10-2024 Lecture Presentation | © Dr. A. K. Kar 4


The transformation of value

Grover, P., & Kar, A. K. (2017). Big data analytics: a review on theoretical contributions and tools used in literature. Global Journal of
Flexible Systems Management, 18(3), 203-229.
The Data Science Evolution

19-10-2024 Lecture Presentation | © Dr. A. K. Kar Source - Gartner 6


So what has changed?

19-10-2024 Lecture Presentation | © Dr. A. K. Kar 7


Operations
Management

Financial
Business Rules
Management

AI / ML Statistical
Algorithms Analysis

Operational
Research
Strategic Marketing
Management Management

Human
Resources
Management

19-10-2024 Lecture Presentation | © Dr. A. K. Kar 8


Data Science is becoming popular!

Industrial Engineering Computer Science Social Science

Operational Research Machine learning Regression, SEM

Nature inspired
Large scale optimization Factor analysis
computing

Linear / Non linear Social media


Econometrics
Programming analytics

Allocation problems Graph theory Anova, Manova

DECISION SCIENCE Etc etc

19-10-2024 Lecture Presentation | © Dr. A. K. Kar 9


Machine Learning for Data Science

Kar, A.K. (2016). Bio Inspired Computing - A Review of Algorithms and Scope of Applications. Expert Systems
With Applications, Vol. 59, pp 20 - 32.

19-10-2024 Lecture Presentation | © Dr. A. K. Kar 10


But everything went for a radical change

Cloud computing – Algos as


Growing computing power
packages and utilities

Hijacked by Select
Algos

Big data analytics Governance of AI

The rich get richer and the poor get poorer – Shelley
Data, Compute, Access, Efficiency
19-10-2024 Lecture Presentation | © Dr. A. K. Kar 11
Meet the Hijackers

Decision trees Logistic


Neural Networks
& random regression
(DNN, CNN, RNN)
forests (funny story!)

Kmeans and Support


Naïve Bayes
KNN (distance vector
classifiers
based algos) machines

19-10-2024 Lecture Presentation | © Dr. A. K. Kar 12


So what’s new?

19-10-2024 Lecture Presentation | © Dr. A. K. Kar 13


19-10-2024 Lecture Presentation | © Dr. A. K. Kar 14
19-10-2024 Lecture Presentation | © Dr. A. K. Kar 15
Changing times…

Images Text

Video in
Networks
the future
19-10-2024 Lecture Presentation | © Dr. A. K. Kar 16
Challenges in Practice

Identifying Identifying
Identifying Identifying Identifying
methods of the
the right what to methods of
data implications
questions capture analysis
extraction of analysis

19-10-2024 Lecture Presentation | © Dr. A. K. Kar 17


Thank you

19-10-2024 Lecture Presentation | © Dr. A. K. Kar 18

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