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bittenlabs © 2016
What every product managerneeds to know
about data science
Trevor BassBitten Labs
[email protected]://bittenlabs.com
bittenlabs © 2016
Bitten Labs• Data science management consultancy,
education provider, innovation lab• Specialize in early and growth stage data
science competencies
Trevor Bass• Data scientist with a decade of
experience building successful products and teams in a variety of industries
bittenlabs © 2016 Source: xkcd.com
bittenlabs © 2016 Source: marriedtothesea.com
bittenlabs © 2016
bittenlabs © 2016
“We are drowning in information but starved for knowledge.”- John Naisbitt
bittenlabs © 2016
bittenlabs © 2016
“...since chocolate consumption has been documented to improve cognitive function, it seems most likely that in a dose-dependent way, chocolate intake provides the abundant fertile ground needed for the sprouting of Nobel laureates.”
bittenlabs © 2016
From absurdist scientific humor publication top medical journal:
Messerli, Frank. “Chocolate Consumption, Cognitive Function, and Nobel Laureates.” The New England Journal of Medicine 367 (2012): 1562-1564.
bittenlabs © 2016
Quantitative arguments making people’s brains turn off
bittenlabs © 2016
#1Data science is about insight
(e.g. not information, not technology)
bittenlabs © 2016
+data+science
Source: Drew Conway
bittenlabs © 2016
bittenlabs © 2016
#2The best insights are actionable
bittenlabs © 2016 Source: xkcd.com
bittenlabs © 2016
Goal: data value
bittenlabs © 2016
#3Data products are awesome
(and your product can probably be one)
bittenlabs © 2016
What is a data product?• Data products: products that derive
substantial value from analytics• Data products ≠ information products
Example• Information product: Google Analytics• Data product: Google Search
bittenlabs © 2016
“The future belongs to the companies and people that turn data into products.”- Mike Loukides, O’Reilly
bittenlabs © 2016
bittenlabs © 2016
bittenlabs © 2016
bittenlabs © 2016
#4Pipes are key
bittenlabs © 2016
bittenlabs © 2016
Better pipes > better insights
bittenlabs © 2016
#5Start with your core competency
bittenlabs © 2016
bittenlabs © 2016
#6Data products are hard
(you need data science help with everything, throughout the lifecycle and
the organization)
bittenlabs © 2016
bittenlabs © 2016
#7There is a communication gap
(and you may not know it, and it matters a lot)
bittenlabs © 2016
“Data science is a team sport.”- DJ Patil, U.S. Chief Data Scientist
bittenlabs © 2016
#8Data science literacy is important
and attainable(ditto for data scientists w.r.t. product
literacy)
bittenlabs © 2016
Data science literacy• Solving problems with data• Data• Statistics• Visualization• Data analysis methods• Toolsets
Making data science work• Applying data science• Organizing data science• Maturing analytically
bittenlabs © 2016
#9Good PMs copy; great PMs steal
bittenlabs © 2016
#10Data science initiatives are like
startups
bittenlabs © 2016
bittenlabs © 2016
bittenlabs © 2016
#11Product managers are critical
(for both the product and the organization)
bittenlabs © 2016
Data science is about insightThe best insights are actionableData products are awesomePipes are keyStart with your core competency Data products are hardThere is a communication gapData literacy is important and attainable Good PMs copy; great PMs stealData science initiatives are like startupsProduct managers are critical
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bittenlabs © 2016
What every product managerneeds to know
about data science
Trevor BassBitten Labs
[email protected]://bittenlabs.com