The value of data

Introduzione ai dati

Maarten Van den Broeck

Senior Content Developer at DataCamp

Individuals and organizations use data

Personal finance

Individuals and organizations use data

Calendar

Individuals and organizations use data

Entertainment

Individuals and organizations use data

Clothing

Individuals and organizations use data

Health tracker

Individuals and organizations use data

Deliveries

Individuals and organizations use data

Airlines

Individuals and organizations use data

Government

Individuals and organizations use data

Charity

Individuals and organizations use data

Healthcare

Data in organizations

Goal: support business objectives

Profitability
Social good
Research
Customer satisfaction & employee happiness

How: by improving decision making

Measure return on investment (ROI)
Optimize processes and find new opportunities

Data in organizations

Data in healthcare

Example: wearable devices

Monitor personal data

Goal:

Detect and prevent health problems
Turning patient care into precision medicine
Advancing healthcare research worldwide

Healthcare

Data in supply chain

Example: monitoring various metrics

Average inventory
Inventory turnover ratio

Goal:

Make sense of the massive amount of generated data
Demand forecasting

Supply chain

The sequence of processes involved in the production and distribution of a product$^1$.

¹ Oxford Languages

Data in education

Example: DataCamp courses

User feedback
Incorrectly submitted answers
Learner drop-off

Goal:

Improve course design
Identify struggle areas
Personalize learning experience

Education

Data is a competitive advantage

Why is that?

Unique to an organization
Unavailable for competitors
Generate insights and actions based on that data

Competition

Let's practice!

Introduzione ai dati