ryerson big data zone
TRANSCRIPT
https://hbr.org/2012/10/data-scientist-the-sexiest-job-of-the-21st-century/
Big Data Startup Billionaireshttp://www.forbes.com/sites/bernardmarr/2015/03/10/meet-7-brand-new-big-data-billionaires/
Ryerson’s Current Initiatives• Ryerson’s study on Canada’s Big Data
Talent Gap– http://www.ryerson.ca/provost/partnerships/talentgap.html
• Privacy & Big Data Institute– http://www.ryerson.ca/pbdi/
Ryerson’s Current Initiatives• The Big Data Consortium, in partnership
w/ Deloitte, TMX, Dalhousie U, etc – http://
www.ryerson.ca/news/media/General_Public/20150420_mr_talentgap.html
Ryerson’s Current Initiatives• Chang School’s Big Data & Advanced
Analytics Certificate– http://ce-online.ryerson.ca/ce/default.aspx?id=3635
• IBM’s Watson 2nd school in Canada– http://ryerson.ca/ryersontoday/data/news/2014/12/20141215-ryerso
n-students-to-put-ibm-watson-to-work-in-big-data.html
What is Big Data?• Big Data: a term for large and complex
data sets that traditional data processing applications are inadequate
• Characteristics of Big Data:
- Volume- Variety- Velocity
- Variability- Veracity- Complexity
Why Big Data?• Inexpensive computing power + vast amounts
of digital storage = large volumes of data ready to accurately re-tell the past, predict the future
• McKinsey report: USA alone, has a shortage of 1.5 M professionals w/ Big Data skills
• 40% of companies unprepared for Big Data
Applications of Big Data• Computer Engineering
– http://www.engr.wisc.edu/news/archive/2015/March6.html
• Marketing– http://
www.inc.com/mick-hollison/5-ways-big-data-will-change-sales-and-marketing-in-2015.html
• Finance– http://www.investopedia.com/articles/active-trading/040915/how-big-da
ta-has-changed-finance.asp
• Pharmaceuticals– http://www.mckinsey.com/insights/health_systems_and_services/how_
big_data_can_revolutionize_pharmaceutical_r_and_d
• Software Engineering– http://blog.sei.cmu.edu/post.cfm/challenges-big-data-294
Applications of Big Data• Human Resources
– http://www.citeworld.com/article/2137364/big-data-analytics/how-hr-analytics-can-transform-the-workplace.html
• Genetics – http://www.datanami.com/2015/05/07/what-police-can-learn-from-deep-lear
ning/?utm_source=rss&utm_medium=rss&utm_campaign=what-police-can-learn-from-deep-
• Real Estate– http://www.forbes.com/sites/modeledbehavior/2014/05/19/how-smart-house
s-and-big-data-will-change-real-estate-economics/
• Energy– http://www.wsj.com/articles/big-data-cuts-buildings-energy-use-1411937794
• Sports– http://www.thestar.com/sports/hockey/2015/04/03/focus-on-numbers-is-an-
attempt-to-end-leafs-ice-follies-cox.html?referrer=
Big Data Startups and Incubators
Data Incubator partnered with Ryerson University
http://www.oneeleven.co/
Data Incubation Bootcamp based in the United Stateshttps://www.thedataincubator.com/
DMZ Startup applying Big Data to utilitieshttps://dmz.ryerson.ca/team/gridcure/
DMZ Startup using data analytics in distributing sampleshttps://dmz.ryerson.ca/team/sampler/
DMZ Startup specializing in collection and analysis of data from physical spaces, like traffic optimizationhttp://www.thestar.com/news/city_hall/2015/04/07/john-tory-wants-to-use-data-to-ease-congestion.html
Educational Enhancement• Collaboration:
– Engineering Software, computer, mechanical – Computer science Programming, algorithms– Mathematics Data scientists, “quants”– Business Analysis, decision making efficiency
• Events:– Hackathons– Startup competitions– Case competitions– Industry speakers/workshops + networking– Conference (first ever in Canada?)
Return on Investment• 40% of businesses not ready for Big Data.
Ryerson develops the skills students hired reputation/alumni of Ryerson is enhanced
• Collaboration b/t math engineering & business leading to startups?
• Corporate relationships to facilitate hiring:
Ryerson = Innovation• Chang School’s Big Data program = 1st in
Canada• Watson 2nd CDN university to receive
• = #1 in CAN, #5 in World
• = One of the 1st in Canada
• = 1st in Canada?
