In episode 31 of the podcast “My Career in Data,” host Ryan O’Connell had an insightful discussion with Dr. Prashanth Southekal, the founder and managing principal of DBP-Institute. The episode covered a range of topics related to data and its impact on businesses today.
Dr. Southekal began by discussing his background and how he became interested in data. He explained that he started his career as a software engineer, but quickly realized that he was more interested in the data side of things. He went on to earn a PhD in data science and has since worked with a variety of companies to help them make better use of their data.
One of the key themes of the episode was the importance of data governance. Dr. Southekal explained that many companies struggle with this aspect of data management, which can lead to problems down the line. He emphasized the need for clear policies and procedures around data collection, storage, and usage, as well as the importance of having a dedicated team to oversee these efforts.
Another topic that came up was the role of artificial intelligence (AI) in data analysis. Dr. Southekal noted that while AI can be a powerful tool for businesses, it’s important to approach it with caution. He explained that AI is only as good as the data it’s trained on, and that biases in that data can lead to biased results. He also emphasized the need for transparency around how AI algorithms are making decisions, so that people can understand and trust the results.
Throughout the episode, Dr. Southekal shared a number of insights and best practices for working with data. He stressed the importance of starting with clear business objectives and then working backwards to determine what data is needed to achieve those goals. He also emphasized the need for collaboration between different teams within a company, such as IT, marketing, and finance, in order to get the most out of data.
Overall, episode 31 of “My Career in Data” was a fascinating discussion with a leading expert in the field. Dr. Southekal’s insights and advice are sure to be valuable for anyone working with data in a business context.
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