/Data-Science-On-Action

Applications of Data Science Across Different Domains

Data Science On Action

Applications of Data Science Across Different Domains**

Healthcare

Pharmaceuticals

  • Predict outcomes from fever or diverse(eg: animal testing) experiments to reduce experimental R&D costs and time to market.
  • Predict risk of individual patient churn and optimal corrective strategy to maintain adherence.
  • Identify target patient subgroups that are underserved (eg: not diagnosed) and recommend mitigation strategy.

Manufacturing

  • Predict failures and proactive maintenance of production and moving equipment
  • Demand prediction of raw materials for future

Retail

  • Optimize in-store product assortment to maximize sales
  • Personalize product recommendations and advertising to target individual consumers.

Finance

  • Personalize product offerings to target individual consumers based on multi-modal data (mobile, social media, locations, etc)
  • Identify fraudulent activity using customer transactions and other relevant data.

Agriculture

  • Customize growing techniques specific to individual plot characteristics and relevant real-time data.
  • Optimize price in real-time based on the future market, weather and other forecasts.

Media

  • Personalize advertising and recommendations to target individual consumer based on multi modal (mobile, social media, location..etc)
  • Discover new trends in consumption patterns (eg: viral content)

Telecom

  • Predict lifetime value and risk of churn for individual customers.
  • Personalize strategy to target individual citizens based on multi-modal data (social, mobile, location..etc)

Transportation / Logistic

  • Optimize pricing and scheduling based on real-time demand updates (eg: airlines, less than truckload shipping, mobility service)
  • Optimize routing in realtime (eg: airline, logistics, last mile routing for complex events)

Energy

  • Replicate human-made decisions in control room environments to reduce cost and human error.
  • Optimize energy scheduling/dispatching of power plants based on energy pricing, weathers, and other real-time data

Public/ Social

  • Optimize public resource allocation for urban development to improve quality of life (eg: reduce traffic, minimize pollution)
  • Personalize public services to target individual citizens based on multi-modal data (social, mobile, location..etc)

Authors

  • Bastin Robins .J
  • Dr. Vandana Bhagat