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Learn Data Science in Business

    What kind of job can you get if you master machine learning?

    Written by Matt Dancho on January 21, 2021
    ...

    One reason interest in machine learning jobs will continue to grow is how lucrative the pay is. Another is how interesting the work is. If you're looking to plant your foot in a growing industry, then machine learning could be for you. The average machine learning salary, according to Indeed's research, can be anywhere between $96,00 - $146,085.

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    Part 6 - R Shiny vs Tableau (3 Business Application Examples)

    Written by Matt Dancho on March 9, 2020
    ...

    Shiny is much more than just a dashboarding tool. Here we illustrate 3 powerful use cases for R Shiny Apps in business.

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    tidyquant v1.0.0: Pivot Tables, VLOOKUPs in R

    Written by Matt Dancho on March 4, 2020
    ...

    The NEW tidyquant package (v1.0.0) makes popular Excel functions like Pivot Tables, VLOOKUP(), SUMIFS(), and much more possible in R.

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    R for Excel Users: Pivot Tables, VLOOKUPs in R

    Written by Matt Dancho on February 26, 2020
    ...

    Learn how to use popular Excel functions in R like Pivot Tables, VLOOKUP(), SUMIFS(), and much more.

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    Part 5 - Five Reasons to Learn H2O for High-Performance Machine Learning

    Written by Matt Dancho on January 13, 2020
    ...

    H2O is the scalable, open-source ML library that features AutoML. Here's why it's an essential library for me (and you).

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    Part 4 - Git for Data Science Applications (A Top Skill for 2020)

    Written by Matt Dancho on December 9, 2019
    ...

    Moving into 2020, three things are clear - Organizations want Data Science, Cloud, and Apps. A key skill that companies need is Git for application development (I call this Full Stack Data Science). Here's what is driving Git's growth, and why you should learn Git for data science application development.

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    Part 1 - Five Full Stack Data Science Technologies for 2020 (and Beyond)

    Written by Matt Dancho on December 9, 2019
    ...

    Moving into 2020, three things are clear - Organizations want Data Science, Cloud, and Apps. Here are the essential skills for Data Scientists that need to build and deploy applications in 2020 and beyond.

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    Part 3 - Docker for Data Scientists (A Top Skill for 2020)

    Written by Matt Dancho on November 22, 2019
    ...

    Moving into 2020, three things are clear - Organizations want Data Science, Cloud, and Apps. Here's how Docker plays a part in the essential skills of 2020.

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    Part 2 - Data Science with AWS (A Top Skill for 2020)

    Written by Matt Dancho on November 13, 2019
    ...

    Organizations depend on the Data Science team to build distributed applications that solve business needs. AWS provides an infrastructure to host data science products for stakeholder to access.

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    Unlocking Blue Oceans with Data Science

    Written by Matt Dancho on August 5, 2019
    ...

    In this article, we'll examine how Blue Oceans are created and how your organization can create Blue Oceans with Data Science too. We'll finish with a roadmap for your organization to build Blue Oceans with Data Science.

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    How I Started My Data Science Business

    Written by Matt Dancho on July 22, 2019
    ...

    This is a true story based on how I created my data science company from scratch. It's a detailed documentation of my personal journey along with the company I founded, Business Science.

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    Excel to R, Part 2 - Speed Up Exploratory Data Analysis 100X (R Code!)

    Written by Matt Dancho on July 8, 2019
    ...

    Learn how going from Excel to R can speed up Exploratory Data Analysis, getting business insights 100X FASTER.

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    2 Critical Factors to Learn Data Science

    Written by Matt Dancho on July 5, 2019
    ...

    When you want to learn data science, you are faced with endless options and limited time. Here's the best approach to learn data science!

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    Data Science Workflow - The Process for Solving Data Problems

    Written by Matt Dancho on June 27, 2019
    ...

    Understand the data science workflow by defining the sequence of steps to go from a business problem to generating business value using a data science workflow.

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    3 Simple Rules For Getting Results With Data Science (A Story About Learning From Failure)

    Written by Matt Dancho on May 5, 2019
    ...

    These are 3 Rules I learned through my consulting experience that have helped me be able to deliver results with data science.

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    A/B Testing with Machine Learning - A Step-by-Step Tutorial

    Written by Matt Dancho on March 11, 2019
    ...

    Experience how to implement Machine Learning for A/B Testing step-by-step

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    New Cheat Sheet - Customer Segmentation and Clustering Workflow

    Written by Matt Dancho on February 24, 2019
    ...

    Student feedback led to a BRAND NEW CHEAT SHEET on customer segmentation and a major overhaul to our Week 6 Modeling Chapter in our Business Analysis with R Course.

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    Excel to R, Part 1 - The 10X Productivity Boost

    Written by Matt Dancho on February 20, 2019
    ...

    The first article in a 3-part series on Excel to R, this article walks the reader through a Marketing Case Study exposing the 10X productivity boost from switching from Excel to R.

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    Case Study: How To Build A High Performance Data Science Team

    Written by Matt Dancho and Rafael Nicolas Fermin Cota on September 18, 2018
    ...

    Artificial intelligence (AI) has the potential to change industries across the board, yet few organizations are able to capture its value and realize a real return-on-investment. The reality is that the transition to AI and data driven analysis is difficult and not well understood. The issue is twofold, first, the necessary technology to complete such a task has only recently become mainstream, and second, most data scientists are inexperienced in their respective industries. However, with all the uncertainty surrounding this topic, one hedge fund has managed to navigate through these challenges and accomplish what many companies are failing to do: building a high-performing data science team that achieves real return-on-investment (ROI).

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    Agile Framework For Creating An ROI-Driven Data Science Practice

    Written by Favio Vazquez on August 21, 2018
    ...

    Data Science is an amazing field of research that is under active development both from the academia and the industry. One of the saddest facts in the real-world is that most data science projects in organizations fail. Here I’ll present a new iteration of an agile framework called Business Science Problem Framework (Download PDF here) to implement data science in a way that enables decision making to follow a systematic process that connects the models you create to Return On Investment (ROI) and show the value that your improvements bring to the business. The end result is that the BSPF is an agile framework, and we are working to develop a new visualization (BSPF 2.0) that conveys this agility.

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    Data Science for Business: 3 Reasons Why You Need the Expected Value Framework

    Written by Matt Dancho on July 11, 2018
    ...

    The Expected Value Framework connects the machine learning model to ROI. In data science for business, it is critical to quantify the ROI of data science.

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    How To Solve 90% of Business Problems with Data Science (The Business Science Problem Framework)

    Written by Matt Dancho on June 19, 2018
    ...

    Data Scientists want to solve business problems. However, the sad fact is that most data science projects in organizations fail. It’s not because of lack of skill or knowledge. Data science projects need a clear and effective plan of attack to be successful. As data scientists, we study a wide array of tools: advanced algorithms, knowledge of statistics, and even programming skills.

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    HR Analytics: Using Machine Learning to Predict Employee Turnover

    Written by Matt Dancho on September 18, 2017
    ...

    Predict employee turnover using the H2O machine learning and Lime.

    Read More...

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