1. India Analytics and
Big Data Summit 2015
Location : Mumbai
Date : 3 Feb 2015
Name of the Speaker : Kanwal Prakash Singh, Data
Scientist
Company Name : Housing
www.unicomlearning.com
www.bigdatainnovation.org
3. www.bigdatainnovation.org
www.unicomlearning.com
● Why do we need data ?
● Some scenarios where scarcity of data led to dangerous
consequences
○ Earth is Flat
○ Columbus and America vs India
○ Prosperity will last forever then stock markets crashed
5. www.bigdatainnovation.org
www.unicomlearning.com
● It’s not the Data it’s the questions you seek form data
● Are you expecting the right questions from data ?
○ do you have adequate amount to test your
hypothesis,
○ if so are you sure you are not making strong beliefs
by overlooking on some bias in data !
○ Correlation != causation
6. www.bigdatainnovation.org
www.unicomlearning.com
● Analytics @ housing
● What we capture, what we do with that -
● Optimise Operations / data collection in-house /
recommendations and understanding users / user
bucketing
● Forecasting, Price Estimates
● Heatmaps - Demand Supply , Price , CFI
8. www.bigdatainnovation.org
www.unicomlearning.com
● How can Data science be used for optimising
operations ?
○ Flat Duplication
○ Listing Decay
○ Forecasting - Supply / Demand / Load
○ Route Optimisation
● Problem formulation followed by solution through
Statistical methods
● Follow the curiosity and desire for perfection `
11. www.bigdatainnovation.org
www.unicomlearning.com
● Hence came the idea of Branching
● The aim was two-fold:
○ reduce the travel time per flat
○ develop capability to serve a request within 45
minutes
● Done ? Awesome, problem identification done :)