Book Image

The Art of Data-Driven Business

By : Alan Bernardo Palacio
Book Image

The Art of Data-Driven Business

By: Alan Bernardo Palacio

Overview of this book

One of the most valuable contributions of data science is toward helping businesses make the right decisions. Understanding this complicated confluence of two disparate worlds, as well as a fiercely competitive market, calls for all the guidance you can get. The Art of Data-Driven Business is your invaluable guide to gaining a business-driven perspective, as well as leveraging the power of machine learning (ML) to guide decision-making in your business. This book provides a common ground of discussion for several profiles within a company. You’ll begin by looking at how to use Python and its many libraries for machine learning. Experienced data scientists may want to skip this short introduction, but you’ll soon get to the meat of the book and explore the many and varied ways ML with Python can be applied to the domain of business decisions through real-world business problems that you can tackle by yourself. As you advance, you’ll gain practical insights into the value that ML can provide to your business, as well as the technical ability to apply a wide variety of tried-and-tested ML methods. By the end of this Python book, you’ll have learned the value of basing your business decisions on data-driven methodologies and have developed the Python skills needed to apply what you’ve learned in the real world.
Table of Contents (17 chapters)
1
Part 1: Data Analytics and Forecasting with Python
4
Part 2: Market and Customer Insights
9
Part 3: Operation and Pricing Optimization

Creating a Data-Driven Culture in Business

Transforming organizations into data-driven ones requires more than just recipes that can be implemented to solve certain problems. There is a lot that we can learn from those who have already walked the path of changing organizations to become more efficient and successful when using data. In this chapter, we will dive into the experience of data leaders and learn about the following:

  • How they started their careers in data
  • What skills they had to master to become successful data leaders
  • What technology and data mean and how they are used in the context of business
  • How data-driven cultures can be implemented in organizations

Hopefully, their experience can guide both your transformation to become a data leader, as well as the organizational transformation required to become data-driven.

The invited leaders that will be sharing their perspectives are:

  • Patrick Klink: Managing director and founder of ONBRDNG...