How to Solve Business Problems with Data Science (5-Day Course)
🚀 Bonus #4
Matt's 4 Best Production Apps that Businesses Need
Production is where data scientists help businesses the most
Today's bonus is an inspirational one! You're learning what production apps are and how businesses can benefit from them.
Remember: A great production app doesn't just describe data in a "dashboard". A great production app adds value by predicting what is going to happen, helping users automate the business process (reducing errors and speeding it up), and provides actionable business insights (improved decision making).
This is why Production Data Science Apps are better than PowerBI and Tableau Dashboards. PowerBI and Tableau merely describe data. That's not what businesses need.
Businesses need actionable insights. Automated business processes. And improved decision making. And that's what these apps provide.
Here are my 4 best production apps that businesses need
Use these for portfolio inspiration and to help with on-the-job data science app projects
#1. Automatic Demand Forecasting Application
Helps businesses improve forecast accuracy.
Great for Supply Chain Management (SCM), Finance and Accounting Forecasts.
#2. Stock Analyzer with Favorites, Technical Analysis, and Analyst Commentary
Helps financial analysts evaluate stocks using technical indicators.
Great for Finance, Banks, and Insurance Companies.
#3. Employee Churn Prediction
Helps automate employee attrition prediction and prevention strategies to reduce employee churn.
Great for Human Resources departments.
4. Customer Segmentation and Email Lead Scoring
Automates customer segmentation and lead scoring in 3 easy steps.
Great for Marketing Departments and Customer Analytics.
Quick Recap: Production is Important
Today you learned why production is essential for data scientists. Production is how data scientists add value to the business.
But the next problem is how do you solve end-to-end business problems. You'll need to put together everything you've learned in this 5-day course.
And I'll teach you how to fix that one next!
Mistake #5 is coming so go check your inbox now!
--Matt