Tuesday, September 4, 2012

Big Data and Statistical Consulting -- Looking Foward to PhD Alum's Presentation!

************ Updated information -- Dr. Khachatryan will be speaking on Friday, September 21, 2012, at 2PM at the Isenberg School of Management in Room 106. A reception will precede his talk,
beginning at 1:30PM. The poster below reflects this new information. ********************

This is the time of the year that we not only gear up for the new academic year but we also start to organize talks by outside speakers

Although I am on sabbatical this year (and was also on sabbatical the 2005-2006 year at Harvard), this does not stop me from helping the students in the UMass Amherst INFORMS Student Chapter to host speakers.

So, do mark your calendars!

On Friday, September 21, 2012, just a few days before I fly back to Sweden, we will be hosting one of our Isenberg School PhD alums who will be speaking on a very "hot" topic and will also be sharing his experiences in the consulting industry.

I am delighted that Dr. Davit Khachatryan of PriceWaterhouseCoopers will be our first speaker. Dr. Khachatryan received his PhD in 2010 from the University of Massachusetts Amherst and his concentration was Management Science.

The students have prepared the poster above
Title of Presentation: Show Me the Data: My Experience as a Statistical Consultant 
Today data are collected in wide variety of shapes and forms, including image data from surveillance cameras, click-stream and sentiment data from social media websites, financial transaction data from ATMs, in addition to the traditional ‘designed’ data from sources such as surveys and censuses. In vast majority of cases data collection is round the clock and fully automated. In addition, the frequency of data collection can reach milliseconds and capacities of data warehouses are beginning to be measured in petabytes. The challenge emerging from the repository clouds calls for dexterity in extracting the most penetrating and pertinent information from this tsunami of data. In particular, business enterprises are in need of robust, reusable and fully automated analytic solutions able to efficiently sift through avalanche of data and produce answers that will leave their mark on the bottom line. In this talk I will present my experiences in statistical consulting arena, stressing on what I have witnessed and learned when practicing the profession during the last two years. In addition, I will discuss certain challenges and paradigm shifts that I envision to be facing statistical consultants in the future.

For those of you who would like to get more information on Tips on Organizing a Successful Speaker Series, you can read my post here.