Interactive Workshop on "Case Studies of Industries with Data Science and Statistical Applications", 27th January 2023, The Bengal Chamber Premises
The Bengal Chamber of Commerce and Industry organized an exclusive Interactive Workshop on "Case Studies of Industries with Data Science and StatisticaI AppIications" with Dr. Debashis Kushary, Professor− Statistics, Rutgers University, New Jersey, USA on 27th January 2023 at The Bengal Chamber Premises.
The session was commenced with the formal welcome address by Mr. Gautam Ray, President Designate and Chairperson, Energy Environment and Water Committee, The Bengal Chamber of Commerce and Industry and Executive Director (HR & Admin.) − CESC Limited & President (HR) − Power Group, RPSG. Mr. N K GhosaI; Member, IT Committee, The Bengal Chamber of Commerce and Industry and Mentor, WEBEL− BCC&I Tech Incubation Centre and Director, NKG & Associates formally introduced Dr. Kushary.
Few esteemed Members and Stakeholders of The Bengal Chamber, such as, Air Water India Pvt. Ltd; Essel Mining & lndustries Ltd; IBM; LTIMindtree; Mjunction Services Limited; STPI Kolkata; Tech Mahindra joined the forum.
Some potential incubatees of WEBEL−BCC&I Tech Incubation Centre (Agri−Tech; Health Tech and SAR Tech) − Doctales; Schoppen Solutions Pvt. Ltd.; SISIR Rader; Solaire Initiative Pvt Ltd were also present in the programme.
Data-driven decision-making is the need of the hour for every business these days. This means how we accumuIate, disseminate, study, store, and act upon data wiII be the primary task for every data-driven organization. The major significance of uses of data science incIudes combining domain knowIedge from statistics, programming, and mathematics to provide insights. The vaIue of data is rising to new heights, which is why data science is becoming more significant. Data science is in high demand and discusses how digitaI data reshapes industries and assists decision-makers in their work. FinanciaI services, information technoIogy, heaIthcare, retaiI, and media and entertainment are the industries hiring the most data scientists right now.
Dr. Kushary, during the session, presented case studies of various industries – Automotive; PharmaceuticaI; Restaurant; Packaging, with data science and statisticaI appIications. He addressed:
- How to create the most attractive package using discrete choice modeI.
- Identifying the need of the customers and finding optimal price.
- Segmenting prescribers according to their prescribing behavior for optimizing saIes force.
- Identifying the need of the customers and finding optimal price.
The session was followed by vibrant interactive sessions.