Dr. Arpan Kar | IIT Delhi | arpan.kumar.kar@gmail.

com
 Emergence of Digital Transformation

Smart People

Smart Governance Smart Economy

Digital
Transformation
Smart Living Smart Mobility

Smart Environment

Huge scope for Domain /

Interdisciplinary
Data Science functional scope

19-10-2024 Lecture Presentation | © Dr. A. K. Kar 2

 Implications of Digital Transformation for
Data Science & Big Data Analytics Professionals

Data generation
Web 4.0 Industry 4.0 IoT Devices Digital Services Transactions Biometrics Communication

19-10-2024 Lecture Presentation | © Dr. A. K. Kar 3

 4V Characteristics of Big Data (+Value)

Cost efficiently Responding to the Collectively Analyzing

processing the increasing Velocity the broadening
growing Volume Variety
30 Billion
50x 35 ZB RFID sensors
and counting 80% of the
worlds data is
unstructured
2010 2020

Establishing the 1 in 3 business leaders don’t trust the

Veracity of big information they use to make decisions
data sources

19-10-2024 Lecture Presentation | © Dr. A. K. Kar 4

 The transformation of value

Grover, P., & Kar, A. K. (2017). Big data analytics: a review on theoretical contributions and tools used in literature. Global Journal of
Flexible Systems Management, 18(3), 203-229.
 The Data Science Evolution

19-10-2024 Lecture Presentation | © Dr. A. K. Kar Source - Gartner 6

 So what has changed?

19-10-2024 Lecture Presentation | © Dr. A. K. Kar 7

 Operations
Management

Financial
Business Rules
Management

AI / ML Statistical
Algorithms Analysis

Operational
Research
Strategic Marketing
Management Management

Human
Resources
Management

19-10-2024 Lecture Presentation | © Dr. A. K. Kar 8

 Data Science is becoming popular!

Industrial Engineering Computer Science Social Science

Operational Research Machine learning Regression, SEM

Nature inspired
Large scale optimization Factor analysis
computing

Linear / Non linear Social media

Econometrics
Programming analytics

Allocation problems Graph theory Anova, Manova

DECISION SCIENCE Etc etc

19-10-2024 Lecture Presentation | © Dr. A. K. Kar 9

 Machine Learning for Data Science

Kar, A.K. (2016). Bio Inspired Computing - A Review of Algorithms and Scope of Applications. Expert Systems
With Applications, Vol. 59, pp 20 - 32.

19-10-2024 Lecture Presentation | © Dr. A. K. Kar 10

 But everything went for a radical change

Cloud computing – Algos as

Growing computing power
packages and utilities

Hijacked by Select
Algos

Big data analytics Governance of AI

The rich get richer and the poor get poorer – Shelley
Data, Compute, Access, Efficiency
19-10-2024 Lecture Presentation | © Dr. A. K. Kar 11
 Meet the Hijackers

Decision trees Logistic

Neural Networks
& random regression
(DNN, CNN, RNN)
forests (funny story!)

Kmeans and Support

Naïve Bayes
KNN (distance vector
classifiers
based algos) machines

19-10-2024 Lecture Presentation | © Dr. A. K. Kar 12

 So what’s new?

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 Changing times…

Images Text

Video in
Networks
the future
19-10-2024 Lecture Presentation | © Dr. A. K. Kar 16
 Challenges in Practice

Identifying Identifying
Identifying Identifying Identifying
methods of the
the right what to methods of
data implications
questions capture analysis
extraction of analysis

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 Thank you

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