The Past Week Reminds Me Why I Love Analytics in the Philippines

When I left the U.S. five years ago, it was to chase a dream.

The dream although simple to me was one that many people thought impossible at the time… to see analytics becoming a topic of everyday conversations.

In business, in education, in the government and in the media over the past week, I have been part of conversations about how to empower 100,000s of Filipinos to get more analytics in what they do.

There is still so much to be done to turn this dream into a reality, but as I have talked with journalists, professors, political figures and business leaders, I keep getting the same result… the dream is now one that many share.

Some examples of the new reality…

The Analytics Association of the Philippines (AAP.PH) will be the umbrella on which so many analytics initiatives incubate, grow and prosper.

Schools like De La Salle – College of St. Benilde, the University of Asia & Pacific, and UP will continue to offer new and innovative courses built around regional standards for the enablement of data science and analytics.

New batches of students like CSB’s SMIT students taking Business Analytics subjects will enter the workforce armed with more skills then any batch before them.  They kids are learning Tableau while still in school. How cool is that?

Advocacies like Augment BPO will rise up to address clear and present threats like the one that AI presents to the BPO industry.

And that’s just the tip of the proverbial ice berg.

It’s been a really good week.  No, check that… its been a great week.

And it all reminds me of why I love this adopted country of mine so much.

jobspicture2

The Augment BPO Data Science and Analytics Advocacy Project (Augment BPO) is empowering BPO Companies, Executives, and Workers in the Philippines to prepare for and address the clear and present danger posed by Artificial Intelligence Chatbots (AI Chatbots) to BPO revenue growth and jobs through Data Science and Analytics strategy planning, awareness building and upskill training.

DMAIPH is a founding member of the Analytics Association of the Philippines and specializes in arming the Data-Driven Leader with the tools and techniques they need to build and empower an analytics centric organization. Analytics leadership requires a mastery of not just analytics skill, but also of nurturing an analytics culture. We have guided thousands of Filipino professionals to become better analytics leaders. Contact DMAIPH now at analytics@dmaiph.com or connect with me directly to discuss a uniquely tailored strategy to ensure you are the top of your game when it comes to Analytics Leadership.

Data Science and Big Data Analytics For Finance

Was recently asked to do a one hour talk on data science and big data analytics for Finance… so I created A Step By Step Process To Get More Value Out Of Your Finance and Accounting Data.

To get started, we will discuss at a high level what is analytics, big data and data science and how it can be used in Finance and Accounting to get more value out of all the numbers you have in your business.

Per Deloitte, “In today’s highly competitive business environment, companies need more from Finance than accurate financial statements and reports. They need forward-looking, predictive insights that can help shape tomorrow’s business strategy and improve day-to-day decision-making in real time. “

New IT applications and infrastructure such as big data technologies, predictive analytics, as well as modern mathematical methods are opening up new possibilities for gathering and processing large amounts of data and opportunities for generating value.

They keys to a sound data science and analytics approach to Finance include the following:

  • A Process for Using Big Data to Answer Business Questions
  • A Well Mapped Data Lake of all the Data Finance Needs
  • The Right Mix of Analytics Talent, Technique and Technology
  • A Top Down Embrace of an Analytics Centric Culture

By translating data into insights around financial statements and operations, the finance team can unlock and create new value. Being able to identify unrealized and often unexpected potential as well as quickly and decisively mitigating risk, data science and analytics can take your team to a new level of insight and performance.

This in turn supports the finance function to make better decisions by being able to understand what has happened and why, and then predict what may happen next. The end result is a strategy built on data and one with a much higher rate of success then ones based on intuition or gut feel.

jobspicture2

The Fundamental of Business Analytics – Business Analytics is the application of talent, technology and technique on business data for the purpose of extracting insights and discovering opportunities. DMAIPH specializes in empowering organizations, schools, and businesses with a mastery of the fundamentals of business analytics. Contact DMAIPH now at analytics@dmaiph.com or connect with me directly to find out how you can strengthen your business analytics fundamentals.

APEC Data Science & Analytics Key Competency #4: Domain Knowledge and Application

According to the APEC (Asia Pacific Economic Cooperation) Advisory Group, Domain Knowledge and Application is one of the key competencies of a Data Science & Analytics professional working in the region.

By definition, a DSA professional can apply domain-related knowledge and insights to effectively contextualize data, achieved by practical experience (e.g. apprenticeships) and exposure to emerging innovations.

In my own experience, I knew Wells Fargo data like the back of my hand, but my domain knowledge would have easily allowed me to the same great things with other big banks. When I toyed with the idea of moving into the health services industry, it was obvious my skills would be useful but I had a lot ot learn about the domain knowledge of healthcare data.

Since, domain knowledge represents knowledge and insight that is unique to the organization or industry and that analysts need to consider when conducting any data project. Without this knowledge, analytics solutions may not entirely address the real business problem.

In my experience, domain knowledge about the data being analyzed can sometimes be acquired through exploration of the raw data.  Often, good analysts become subject experts just by playing with the data and asking questions to domain experts about the data.

Given the dearth of analytics talent in many areas, reality will dictate that a lot of data projects will have to be done without sufficient domain knowledge. However, most experts would agree the best results come when the ones using the data, know the data.

So, it behooves companies to invest more in educating and enabling internal resources then looking outside for DSA talent. My solution to this is to introduce apprenticeship programs where subject matter experts train current staff with high DSA affinity who are currently working in other roles.

As an example, there are likely thousands of current call center agents who have the aptitude to be analysts an data scientists, but never had the opportunity to of into DSA. Given they are already employees with proven track records of success, they would be much more likely to have the domain knowledge needed.

IMG_9107

Analytics Training – DMAIPH offers a wide range of analytics centric training solutions for professionals and students via public, in-house, on-site, and academic settings. We tailor each training event to meet the unique needs of the audience.

If you need empowerment and skills enhancement to optimize the use of analytics in your organization, we are here to help. Contact DMAIPH now at analytics@dmaiph.com or connect with me directly to set up a free consultation to learn which of our DMAIPH analytics training solutions is best for you.

APEC Data Science & Analytics Key Competency #3: Data Management and Governance

According to the APEC (Asia Pacific Economic Cooperation) Advisory Group, Data Management and Governance is one of the key competencies of a Data Science & Analytics professional working in the region.

By definition, a DSA professional can develop and implement data management strategies and governance, while incorporating privacy, data security, polices and regulations, and ethical considerations.

The concepts of data management and data governance are kind of the like the chicken… you really can’t have one without the other. Although to the layman, data management includes data governance.

The simplest way to put it, is that data management is the physical aspects of data collecting, capturing, storing, segmenting, etc. Data governance is then the rules or guiding principles that direct how data management works.

There are a lot of data management resources out there. There are not a lot of data governance resources out there. This is why in a majority of companies, we have raw data that needs a lot of cleaning and refining before it can be used in a business.

Organizations that are good in data governance, generally have solid data management. Mature analytics companies have data that is easy to access, is accurate and is used in decision-making.

Data Governance is composed on three parts: People, Process and Technology.

DMAI_DataGovernanceThe people have titles like database admins, data stewards and data warehouse experts. They enforce the laws and rules around data within an organization.

The technology used is generally programming languages, coding and joining data structures to layout the blueprint of how data flows throughout the organization’s hardware.

The process is the rules, generally set down by senior management, and often in line with government or industry regulations that govern how data should be used.

If your organization has a lot of data, has people that are well versed in data management, and uses data to feed decision-making, then you need to make sure you have solid data governance.

If you don’t, DMAIPH can help. Likely you are missing key people, clear processes, and/or the right technology to ensure your data is being governed correctly.

jobspicture2

Analytics Training – DMAIPH offers a wide range of analytics centric training solutions for professionals and students via public, in-house, on-site, and academic settings. We tailor each training event to meet the unique needs of the audience.

If you need empowerment and skills enhancement to optimize the use of analytics in your organization, we are here to help. Contact DMAIPH now at analytics@dmaiph.com or connect with me directly to set up a free consultation to learn which of our DMAIPH analytics training solutions is best for you.

Worried Your Call Center Job Might Be Taken by a Robot? You should be.

http://news.abs-cbn.com/business/05/12/17/bpos-gearing-up-for-impact-of-artificial-intelligence-on-industry

I shared this article on an FB group and got a lot of inquires from people who are indeed seeing an opportunity to move from a call center job to a Data Science and Analytics (DSA) job.

Most of the questions revolved around how to transition.

Want to get Data Science and Analytics Training. Not sure how, here are some tips!

  1. Self-Teach a Skill. (YouTube has thousands of free resources)
  2. Volunteer at Work. (Find out what skills are in demand in your company and ask if you can help)
  3. Take a Training Class (there are a lot of public training classes out there, including some that DMAIPH does).
  4. Read a Book (Experts share a lot… like my book Putting Your Data to Work: An Analytics Guidebook for Filipino Professionals)
  5. Find a Mentor (Jedi Knights start as an apprentice, so do many analysts and data scientists)
  6. Join a Group (there are a lot of meet up groups like Data Science Philippines you can use to network)
  7. Go Back to School (a few dozen schools here in the Philippines are either already offering data science an analytics programs are kicking them off soon)
  8. Follow a Blog. (Besides reading books, there are a lot of good ideas shared on blogs like mine, dmaiph.com)
  9. Become a Member (join associations like aap.ph aka Analytics Association of the Philippines)

Another question that came up often was, “What should you learn first?”

Find a tool, technique or technology that is high demand and fits your interests and aptitude. The best way to find out what to focus on is do a job search for the kind of job you want and look at the requirements. For newbies some of the in demand skills are

  • SQL (the most widely used language used for data analytics)
  • Microsoft Excel (if you know pivot tables, simple formulas and can make decent visuals you will be in high demand)
  • Tableau (a free version called Tableau Public can be downloaded and is easy to learn)
  • R (the most widely used tool for predictive analytics and data science and its free)

And then a lot more people added me on FB, hoping to network and find new opportunities. Thats a good tip too. Networking is key.

DMAIPH offers a wide range of analytics centric training solutions for professionals and students via public, in-house, on-site, and academic settings. We tailor each training event to meet the unique needs of the audience.

jobspicture2If you need empowerment and skills enhancement to optimize the use of analytics in your organization, we are here to help. Contact DMAIPH now at analytics@dmaiph.com or connect with me directly to set up a free consultation to learn which of our DMAIPH analytics training solutions is best for you.

IMG_9107

Also if you own or manage a call center, we can help. In fact, DMAIPH has successfully set up Filipino analytics teams for over a dozen U.S. based businesses. Offering both virtual and office based teams that specialize in problem solving using data, new technology and analytics techniques is our strength.

Finding and empowering analytics talent is increasingly challenging, but we have mastered Surfing Into The Storm and can show you how to succesfully set up a team. Contact DMAIPH now at analytics@dmaiph.com or connect with me directly to learn more about how to set up an analytics-centric team in the Philippines.

The Rock Stars of Data: Big Data Analytics & Data Management

How to master big data analytics and data management?

The Rock Stars of Data: Big Data Analytics & Data Management

2-day Class: Big Data Analytics and Data Management

June 27-28, 2017

Discovery Suites, ADB Ave., Ortigas Center, Pasig City

9AM-5PM

Rock Stars of Data Series: Big Data Analytics & Data Management

Data Rock Stars Dan Meyer (DMAIPH) and Dominic Ligot (Cirrolytix) have joined forces to offer a unique training focusing on both the Analysis and the Management of Big Data.

To find out more about our next scheduled public learning session on May 18-19, 2017 in Ortigas or to set-up an in-house training, send an e-mail to analytics@dmaiph.com

Learning Session Description

Building The Data Value Chain. Data is pervasive – everything we do in the modern world uses and generates data in some shape or form: from web sites we surf, the social media we consume, to the mobile devices we use to connect and communicate. Modern businesses also use and generate data, from financial data, to customer data, to transaction data and sensor data.

But data is only a raw material. Regardless of amount, the real importance of data is only determined by the value people and businesses derive from it. Getting data is the first step. Then the challenge becomes transforming the raw material into a processed good: information. Information enables decisions, and decisions create value.

This session is about the basics of transforming data into information: the data value chain. Attendees will learn how to identify the right data, about how data can be efficiently stored, then transformed into a friendly form for analysis, and finally how data analysis can yield insights.

RS_Data Management_062717

This seminar will lightly touch on each aspect of data identification, collection, storage, transformation, and analysis and involve hands-on use of common data management and analysis tools such as Excel, Tableau and SQL, but is designed for those with little to no prior experience with these tools.

Learning Session Objectives

  1. Apply cutting edge technologies to organize, interpret, and summarize Big Data in your business.
  2. Create a process to analyze data and identify patterns not apparent at first glance
  3. Understand the components of The Data Value Chain: Ingestion, Storage, Transformation, Analysis – and how they are all important to deriving value from data.
  4. Learn database manipulation and processing basics using the Structured Query Language (SQL)
  5. Connect a data analysis tool such as MS Excel or Tableau to a database to be able to perform analysis on processed and stored data

In this session, your organization will be able to use:

  • Specific skills to effectively frame the problem you’re addressing to uncover key opportunities and drive growth
  • Critical marketing steps of orientation necessary before engaging tools and technology
  • How to simply and quickly amplify decision making by separating the signal from the noise
  • A framework for asking the right questions, allowing the ability to link analytics to business strategy

In this session, your participants will be able to:

  • Learn the best practices for organizing, summarizing, and interpreting quantitative data
  • Create a repeatable process for analyzing your data
  • Shorten the time between analysis and action to avoid “analysis paralysis”
  • Know how to get from hard data to well-reasoned conclusions

Who Should Attend

  • Business Analysts, Data Analysts and other Analytics Professionals
  • Business professionals who are involved in day-to-day analysis of data.
  • Data analysts who are already performing analysis using spreadsheets but struggle with manual data processing.
  • Managers of analysts or staff who spend a significant amount of their time collecting, analyzing and reporting data.
  • IT and Development Staff that work closely with business leaders and decision-makers.

Section One – Big Data—It’s Not Just Size That Matters

  • Understand the 3 T’s of Analytics: Talent, Technique and Technology.
  • Describe the importance of effectively, analyzing big data in Business today.
  • Develop a Data Map to analyze the Big Data in your Business.
  • Recognize when to employ Descriptive, Predictive or Prescriptive Analytics.
  • Establish clear objectives when analyzing Big Data.

Section Two – Assess Your Current Analytics Culture

  • Define What Is an Analytics Centric Culture.
  • Describe the issues and trends in today’s analytics field.
  • Discover how to find the most important KPIs.
  • Learn how to build better management reports.
  • Optimize your use of MS Excel for Big Data Analytics

Section Three – Using Business Intelligence Tools

  • An overview of BI Tools.
  • Tableau Public Demonstration,
  • Discuss the Concept of Data Visualization.
  • Build A Business Dashboard Prototype.
  • Apply a Process to Present Big Data Clearly.

Section Four – Interpreting Your Data and Analysis

  • Articulate the importance of accurately interpreting Data.
  • Determine how to validate your data analysis.
  • Mitigate and analyze Risk, Uncertainty, And Probability.
  • Spot patterns and trends through Statistical Analysis.
  • Use findings from Big Data to Drive Decisions within your Organization.

Section Five: Presenting the Data Value Chain and Databases

  • Discuss the components of The Data Value Chain and the various users and roles involved in transforming data to value: Database and ETL engineers, Data analysts, Business users.
  • Learn about basic data architecture and the role of databases in processing data.
  • Understand the basics of databases, tables and views.
  • Learn about the Structured Query Language (SQL) and SELECT statements.

Section Six: Data Processing with SQL

  • Discuss the additional value that can be derived from using SQL for Data Processing.
  • Go into detail on various ways of processing and preparing data using SQL.
  • Learn about aggregates, conditions, how to join tables, and run queries within queries.

Section Seven: Accessing SQL Tables with Excel

  • Learn about Open Database Connectivity (ODBC) and how Excel uses ODBC to connect to external data sources.
  • Discover how SQL tables and views can be read by Excel into instant Pivot Tables and Pivot Graphs.
  • Understand how changes in database table or view via SQL Inserts, Deletes, and Updates are reflected on Excel.

Section Eight: Performing analysis of SQL-based data using Excel

  • Learn about how SQL data can be dissected using the Data Analysis functions in Excel.
  • Talk about form tools and macros that can automate manual reporting.
  • Discuss tips for reporting and sharing the results of your analysis.

Minimum Hardware and Software Requirements.

  1. Laptop with Intel Core i3 and 4GB RAM.
  2. Windows OS with Excel 2007 or greater.
  3. ODBC and database connections will be provided during class.

Case Studies and Exercises

Dan and Doc will use case studies and group exercises throughout the two-day class. In these activities, the group is divided into teams. Each team will analyze datasets using the principals learned in the various learning sessions. These exercises will also use elements from the case studies as we progress from finding data, to conducting analysis on the data and finally presenting the data.

16649482_10155094449802425_5080201225679087647_n

Learning Investment for 2-day Seminar:

Exclusive Offer!!

Early Bird Rate

P 12,000.00 + VAT

(Pay the full amount on or before April 20, 2017)

Group Rate (Minimum of 5)

P13,000.00 + VAT

Regular Rate:

P 14,600.00 + Vat

(starting April 21, 2017)

All investments includes: 2-day Analytics Seminar with two of the most in-demand Analytics and Data Management Guru in the Philippines, complete with Training Materials, AM/PM Snacks, Lunch and Certificates.

ABOUT THE SPEAKERS

Dominic Ligot, Data Scientist

Doc’s areas of expertise focus on Fintech, Big Data Analytics, and Digital Transformation.

Click here to see Doc’s full speaker/trainer profile >>>

Daniel Meyer, Analytics Champion

Dan specializes in a variety of analytics themed training and speaking option including HR& Recruitment Analytics, Data Analytics, Data-Driven Decision-Making and Analytics for CEO’s.

Click here to see Dan’s full speaker/trainer profile >>>

Reserve your seat here >>>

 

This I Why I Do What I Do…

This is why I do what I do…

Ron: Hi Mr. Dan Meyer, I have attended Data Science Philippines Meetup last February 22. And listened to your talk. I am a graduating student, and a former Data Scientist Intern. I want to be a Data Scientist, but Companies need an experienced person to be their data scientist. I just want to ask, what job should I take first to become a Data Scientist soon? Thank you for reading my message, hope you’ll answer me.

Dan: Data Analyst. IT Staff. Development Staff. Anything where you get to use data everyday. This will give you some hands on experience that you can use to more towards data science. Basically you need to get practical experience coding and managing data. Hope that helps. SQL is probably the most versatile language to learn, but any of the ones you see listed in a data science job posting will help.

Ron: Thank you for the response Mr. Dan Meyer, I’ll keep it in my mind, that really helps. I am hoping to be just like you soon.

Analytics Training – DMAIPH offers a wide range of analytics centric training solutions for professionals and students via public, in-house, on-site, and academic settings. We tailor each training event to meet the unique needs of the audience. If you need empowerment and skills enhancement to optimize the use of analytics in your organization, we are here to help. Contact DMAIPH now at analytics@dmaiph.com or connect with me directly to set up a free consultation to learn which of our DMAIPH analytics training solutions is best for you.

So Just How Many Filipino Data Scientists Are There Anyway?

One Question I have been asking myself for awhile is just how many Filipino Data Scientists are there anyway?

I ask this  question because based on my observations of job postings and job titles and industry buzz, there are way more data scientist jobs open here in the Philippines then there are actual data scientists to fill them.

And I’m not even trying to separate the “true” data scientists with the “quasi” data scientists that are doing data science but without all the pre-requisites required.

Lumping everyone together into one number, I wonder what it is. An educated guess would be a few hundred at best. Yet, there are literally 1000 job postings out there right now for data scientist.

This speaks to a fundamental lack of awareness across the country as to what truly a data scientist is and what they do. But that’s for another blogpost.

Right now Im simply going to do some research, survey my network and try and come up with a best guess on exactly how many data scientists there currently are here in the Philippines.

Please feel free to contribute to the conversation… its not going to be easy to get a universally acceptable answer without a lot of discourse first.

Let the hunt for a unicorn head count begin!

Screen Shot 2016-06-28 at 9.02.36 AM

Analytics in the Philippines – The Philippines is at the center of the action when it comes to solutions to the global need for analytics. Blessed with a solid foundation of young, educated and English speaking workforce, companies around the world are look for Filipino analytics talent to fill analytics positions. DMAIPH was set up to facilitate these solutions and bring the talent and the business together. Contact DMAIPH now at analytics@dmaiph.com or connect with me directly so we can help you take advantage of this unique global opportunity.

What % of Companies Can Both Afford Data Science Teams and Understand How to Use them?

Woke up this morning thinking about the future of analytics and data science in the Philippines.

I created this image to help visualize one of the biggest challenges. From my perspective the majority of companies out there don’t really understand data science and probably cant afford a traditional data science team.

who-can-afford-it

Best guess is ever 50% of companies operating in the Philippines aren’t yet at a place where data science is practical.

The smallest group are ones who both understand data science and know how to use it. These are the ones who are players in the data science consulting, training and outsourcing business.

Best guess its about 10% of the companies operating here and just about all of them are big corporations with lots of resources.

The next segment is the ones who do understand the value of data science, but don’t have the resources to compete for a the talent it takes to build a top data science team.

I’ll peg this at about 15%. But its  growing quickly. Awareness and adoption are actually ahead of the talent, as you see so many “data scientists” in name only out there filling open jobs right now.

That leaves the 25% of companies operating in the Philippines who have money and resources but just don’t know how to get started using data science and building a team. This is the target market of companies like mine.

DMAIPH has the capability to educate your managers and decision-makers on how to use data science to add value to the business. We can also train your team in the basics of data science to allow you to cultivate a data driven culture and promote from within to build a data science team. And we can also take some of the load off your shoulders in the terms doing some of the data science for you.

Analytics Consulting – DMAIPH specializes in a variety of analytics consulting solutions designed to empower analysts, managers and leaders with the tools needed for more data-driven decision-making. We have helped dozens of companies get more analytics in their business. Contact DMAIPH now at analytics@dmaiph.com or connect with me directly so we can tailor an analytics solution made just for your unique requirements.

Data Science with Talas at the Mind Museum

Really looking forward to meeting some of the top minds in Data Science in the Philippines this Saturday, November 26th at the Mind Museum in Taguig.

talas

The speaker line up looks awesome and the networking opportunities will be plenty.

I understand the event is sold out, but I believe there is a waiting list. Contact my good friends at Talas to find out more.

This has been the best month yet for analytics and data science in the the Philippines. The sky truly is the limit!

Hope to see many of you there!  #DSCONPH and #DSCON2016

talas2

News & Events- DMAIPH is a highly engaged leader, sponsor and participant in analytics events across the U.S. and the Philippines. As an Analytics Champion I write, blog, speak and lecture about analytics in a wide variety of forums. I authored several publications on analytics including my latest book, Putting Your Data to Work. Contact DMAIPH now at analytics@dmaiph.com or connect with me directly to learn more about where I will be talking about analytics next.