Date post: | 16-Apr-2017 |
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Technology |
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Data as a catalyst for a new approach to innovation
Giovanna Miritello @gmiritello
26 countries
50 partner networks
430+ M connections
107k employees
Data overview
Enterprise & External data
External data is usually wide and shallow. Enterprise data is narrow and deep.
data-driven home searchtransportation
socio economics -unemployment-
so data
so data
but data is not numbers, it’s people.
How to build a product suitable for every different customer?
Let’s the data speak.
How to build a product suitable for every different customer?
Data-driven customer centric products
Data-driven customer centric products
Data-driven customer centric products
Personalised customer experience
Personalised customer experience
Why personalisation is important?
VS
Personalisation at Vodafone
slower 4G faster 4G
Why do we need more data & advanced models? The world is often simple to predict.
mobility needs apps/type of content
device health network performance in the area
Or not?
Network experienceNetwork experience might be related to: • home/work location • mobility patterns • needs and interests • device type/quality
Price-plan
2. We are social animals
1. Black or whiteand
Gb
£
data plan (Gb)
# contacts
% c
usto
mer
s
Understanding reasons to leave and motivations to stay
customer experience
OOB spend
spend on roaming
4G at home
Homophily and influence effects can be measured and predicted!
Don’t forget the social factor!
Jun Ding et al. Alone in the Game: Dynamic Spread of Churn Behavior in a Large Social Network a Longitudinal Study in MMORPG
Data is not numbers, it’s people.
What you can’t predict, you must at least see!
This customer feedback can go unnoticed if only structured feedback and scores get looked at.
This does not happen in one day.
Within the data science community
No organisation is perfect, but some good practices help [1/2]
Invest in standardisationStandardisation enables sharing and collaboration: lowering barriers, increasing expectations)
data format
platformtools
frameworkmethodology
Sharing knowledge
Data stories and visualisations as a daily practice
Avoid “data vomit”
D.J. Patil, Data Jujitsu: The Art of Turning Data into Product
VS
Solid software development practices: know your code!
http://thecuriouscan.com/learn-from-the-costliest-mistakes-in-history/
June 4, 1996 Ariane 5 rocket launched by the European Space Agency exploded just 37 seconds after its lift-off
7 billion dollars development of the rocket
The cost
500 million dollars estimated value of the destroyed rocket and its cargo
Solid software development practices: know your code!
http://thecuriouscan.com/learn-from-the-costliest-mistakes-in-history/
A software programming error!
A 64 bit floating point number relating to the horizontal velocity of the rocket with respect to the platform was converted to a 16 bit signed integer.
The number was larger than 32.767, the largest integer storable in a 16 bit signed integer, and thus the conversion failed.
The reason for the blast?
Model accuracy is important, but it’s not the only thing
Prefer interpretability at the beginning, then upgrade models.
Start simple, then iterate
• think it (reduces the risk) • build it (as fast as possible) • ship it (gradually roll out to all users) • tweak it (continuously improve)
Prefer high precision of one product instead than many sophisticated products.
The real risk is building solutions that no one needs:
D.J. Patil, Data Jujitsu: The Art of Turning Data into Product
No organisation is perfect, but some good practices help [2/2]
With the rest of the organisation
• Engage with stakeholders from day 1
It is a bidirectional direction thing: - a data science team must know the business priorities - the whole organisation needs to understand and engage with data driven results, stories and their value
• Engage with stakeholders from day 1
It is a bidirectional direction thing: - a data science team must know the business priorities - the whole organisation needs to understand and engage with data driven results, stories and their value
• Remove barriers & enable data connectivity
• Engage with stakeholders from day 1
It is a bidirectional direction thing: - a data science team must know the business priorities - the whole organisation needs to understand and engage with data driven results, stories and their value
• Remove barriers & enable data connectivity
• Agree on implementation and performance metrics
Thank you!
Giovanna Miritello @gmiritello