All about data!

I started my career with CRM industry in 2007. 10 years have passed since then. And look how everything has changed! It’s not only Siebel CRM to SFDC or only a change in a CRM platform. It’s not only move from waterfall to agile. There is more to it. Siebel CRM was a revolutionary product in itself. And so as others at that time. Oracle, SAP, these companies started to come up with Products, rather than only services. Now there was no need to start coding from scratch to build your CRM or ERP platform. Only customisations to these ready made products were needed. These products were spread across various horizontals and verticals, making them almost ready to use for any industry. No need to write thousands of lines of code! These technologies proved cutting edge technologies in those times. And then Cloud walked in. Companies spent a lot of money, time in managing the infrastructure. With cloud, this burden was taken off IT. Now you have freedom to utilise these efforts in mo...

It was a wonderful movie. I had tears in my eyes when he finally gets the Job! Beautiful really. 'Happiness' is philosophical, isn’t it? We all think, living a good life within the norms of the society, will give us happiness. What is normal? Get a degree, get a job, earn money, fall in love, get married, have children, have a perfect family..this is the normal cycle in the society. Any one missing link from these …and we look different from others. And it is completely okay to be different. We don’t need the society to accept us. Only We need to accept ourselves. That is all is needed. Happiness is relative. Problem starts when we lose ourselves in our unconscious (or conscious! ) efforts in trying to fit in the society. It could be anything… like, getting an education in a field you never wanted to be in. Or your job is not giving you anything other than the monthly paycheque. Ya.. we all work for money. There is no doubt on importance of earning and being able to...

Data is a strategic asset for businesses today and it is growing exponentially. Regulations like GDPR, BCBS 239, Basel 3 are making it extremely important for organisations to have full control over their data. Data governance is about availability, usability, integrity and security of data. Is this something new we are learning here? Actually, No! Data governance has been in place since years. Every system has some or other form of data governance in place. Documents and excel sheets are traditional form of data governance. Could be access control mechanism implemented at system level. Operational fields in a databases like created by/ updated by, are also part of this governance. Audit logs provides useful information for governance purposes.   But is this sufficient? We are implementing new systems, new functionalities every day. Is the organisation working in silos where individual departments might have different standards? Is managing metadata centrally in excel she...

How do we create a machine learning model? Here I am going to talk about the step by step approach while designing a machine learning model. You can use any programming language, R or Python. The steps to create the model will remain the same.   First of all, we need to understand the business problem. That’s the basic, right?! Even if you are not an expert in that business domain, still it is extremely important to understand the data and what problem we are trying to solve by this statistical analysis.   Now, let’s perform basic EDA. What is EDA? It’s Exploratory Data Analysis. Here we will do some basic analysis on data. There are various commands available in R, Python which help us do this analysis. We can also use Tableau like tool for data mining. Remember, Tableau is not only for glossy business reports. It’s a very effective tool for statistical data analysis as well. You can also perform AB tests/ Chi Squared tests to verify the findings from data minin...

The only reason to have this as my first post is, the Name of this blog, Life of data! Life of Pi, I watched it long time back. Probably when I was in Mumbai. With my colleagues at the Oberoi mall. Yes! It was a tough one to remember where I watched it. It's a good movie...one time watch. It was interesting to see how the tiger and the boy could get along! Story of survival, of Life! Will be back with Life of Data soon!