IDS Unit - 5
IDS Unit - 5
Ask > Acquire > Assimilate > Analyze > Answer > Advise > Act
3. Processes : There are two main types of processes within data science
projects: organizational vs. technical processes.
4. Platforms : Besides the above mentioned factors, fundamental and
strategical questions that are concerned with what platforms you will use
for your analytics and products are also critical for successfully managing a
data science project.
4. Data Collection : Data collected can be obtained in any random format. So,
according to the approach chosen and the output to be obtained, the data
collected should be validated.
10. Feedback : Feedback is the necessary purpose which helps in refining the
model and accessing its performance and impact.
Q. 5 Case Study of Industry Use of Data Science.
You all might have heard the name “Spotify” at least once and most
probably, you might have even used it. So you must have observed that as
soon as we start using it on a regular basis, it starts giving us personalized
music recommendations and options to create customized playlists. This is
what people like about it.
But how does Spotify do all this? The answer is “data”.
At the core of these personalized services lies a large amount of user data
that Spotify, actually not only Spotify but most of the music playing
applications are using.
Spotify is using this data for optimizing their algorithms, improving user
music experience, providing targeted ads, and making some good business
strategies.
The main goal of Spotify is to provide such a great experience to every user
that will make them continue listening for hours. To achieve this they are
using many advanced Data Science and Machine Learning techniques to
extract insights from the user data for matching with the music taste of
their individual customer.
LinkedIn stores a large amount of user data including several details like
their contact information, previous history, interests, activities on different
social networking sites, etc. in its data warehouse for being aware of the
trends and patterns.
Using the insights gained from the user data, LinkedIn connects individual
users with their friends and people related to their areas of interest. It also
helps them to make some decisions regarding the business.
Also while using the customers’ data, LinkedIn makes sure that the data is
secure and no scrapping of data takes place from their site.
Method 1 : Scrum
This approach is the most widely used process framework for agile
development processes. Scrum emphasizes daily communication and
flexible reassessment of plans that are executed in a short period of time.
Method 2 : Kanban
This approach features managing/improving products with a focus on
continuous delivery without overloading the development team.
Method 3 : BEAM
BEAM aims at Agile Dimensional Modeling, with the goal of aligning
requirements analysis with business processes rather than reports.