about rhba
TRANSCRIPT
![Page 1: About RHBA](https://reader030.vdocuments.us/reader030/viewer/2022021321/58ef78781a28ab88228b45c9/html5/thumbnails/1.jpg)
![Page 2: About RHBA](https://reader030.vdocuments.us/reader030/viewer/2022021321/58ef78781a28ab88228b45c9/html5/thumbnails/2.jpg)
Our Story• Looking for team members to start a
Data oriented student group
• Introduced through mutual friend over
Facebook chat
• Met up at the SLC to discuss idea in
March
• Saw poster of Big Data book Dr. Murtaza
Haider, a Ted Rogers Professor is
creating in a TRSM hallway contacted
through e-mail, right away, he is on-
board to be industry advisor
• Presented to RCS in beginning of April
• Idea of Business Analytics Zone in May
![Page 3: About RHBA](https://reader030.vdocuments.us/reader030/viewer/2022021321/58ef78781a28ab88228b45c9/html5/thumbnails/3.jpg)
What is Business Analytics?
• Business Analytics: skills and technology
that focuses on past business
performance for future insight
• Applications of Business Analytics:
– Energy
– Sports
– Finance
– Marketing
– Real Estate
– Pharmaceuticals
![Page 4: About RHBA](https://reader030.vdocuments.us/reader030/viewer/2022021321/58ef78781a28ab88228b45c9/html5/thumbnails/4.jpg)
Why Business Analytics?• Inexpensive computing power + vast amounts
of digital storage = large volumes of data ready
to accurately re-tell the past, predict the future
• McKinsey report: USA alone, has a shortage of
1.5 M professionals w/ Business Analytical skills
• 40% of companies unprepared for Big Data
![Page 5: About RHBA](https://reader030.vdocuments.us/reader030/viewer/2022021321/58ef78781a28ab88228b45c9/html5/thumbnails/5.jpg)
http://blog.linkedin.com/2014/12/17/the-25-
hottest-skills-that-got-people-hired-in-2014/
![Page 6: About RHBA](https://reader030.vdocuments.us/reader030/viewer/2022021321/58ef78781a28ab88228b45c9/html5/thumbnails/6.jpg)
Ryerson’s Current Initiatives
• Ryerson’s study on Canada’s Big Data
Talent Gap• http://www.ryerson.ca/provost/partnerships/talentgap.html
• Privacy & Big Data Institute• http://www.ryerson.ca/pbdi/
![Page 7: About RHBA](https://reader030.vdocuments.us/reader030/viewer/2022021321/58ef78781a28ab88228b45c9/html5/thumbnails/7.jpg)
Ryerson’s Current Initiatives
• The Big Data Consortium, in partnership
w/ Deloitte, TMX, Dalhousie U, etc • http://www.ryerson.ca/provost/partnerships/talentgap.html
![Page 8: About RHBA](https://reader030.vdocuments.us/reader030/viewer/2022021321/58ef78781a28ab88228b45c9/html5/thumbnails/8.jpg)
Ryerson’s Current Initiatives
• Chang School’s Big Data & Advanced
Analytics Certificate• http://ce-online.ryerson.ca/ce/default.aspx?id=3635
• IBM’s Watson 2nd CDN School• http://ryerson.ca/ryersontoday/data/news/2014/12/20141215-ryerson-
students-to-put-ibm-watson-to-work-in-big-data.html
![Page 9: About RHBA](https://reader030.vdocuments.us/reader030/viewer/2022021321/58ef78781a28ab88228b45c9/html5/thumbnails/9.jpg)
Ryerson’s Current Initiatives
• Business Analytics focused at the
undergraduate level
– No current initiatives
![Page 10: About RHBA](https://reader030.vdocuments.us/reader030/viewer/2022021321/58ef78781a28ab88228b45c9/html5/thumbnails/10.jpg)
Educational Enhancement• Collaboration:
– Engineering Software, computer, mechanics
– Computer science Programming, algorithms
– Mathematics Data scientists, “quants”
– Business Analysis, decision making efficiency
• Events:
– Hackathons
– Startup competitions
– Case competitions
– Industry speakers/workshops + networking
– Conference (first ever in Canada?)
![Page 11: About RHBA](https://reader030.vdocuments.us/reader030/viewer/2022021321/58ef78781a28ab88228b45c9/html5/thumbnails/11.jpg)
Sample Student Group Collabs.• ITMSA Databases & business intelligence
• RUFS Analytics to predict portfolio value
• HRSA Analytics & turnover correlation
• RENRA Analytics for energy efficiency
• RSBA Analytics & sports performance
• RMA Social media data mining
• EMSCU Analytics & regional econ. growth
• And more…
![Page 12: About RHBA](https://reader030.vdocuments.us/reader030/viewer/2022021321/58ef78781a28ab88228b45c9/html5/thumbnails/12.jpg)
Future Goals
Data Incubator partnered with
Ryerson University
Data Incubation Bootcamp
based in the United StatesDMZ startups using data analytics
• Provide statistical analysis to companies for a discounted fee
– Students working with a professor as a mentor for these projects
• Creation of an incubator focused on Business Analytics
– The zone can house data driven startups
![Page 13: About RHBA](https://reader030.vdocuments.us/reader030/viewer/2022021321/58ef78781a28ab88228b45c9/html5/thumbnails/13.jpg)
Return on Investment
• 40% of businesses not ready for Business
Analytics. Ryerson develops the skills
students hired reputation/alumni of Ryerson
is enhanced
• Target corporate partners:
![Page 14: About RHBA](https://reader030.vdocuments.us/reader030/viewer/2022021321/58ef78781a28ab88228b45c9/html5/thumbnails/14.jpg)
Sponsorship Opportunity?
• Joe Fresh gave a $1 M sponsorship to the
Fashion Zone to re-brand it to the ‘Joe
Fresh Centre for Fashion Innovation’
• Huge opportunities in Business
Analytics
![Page 15: About RHBA](https://reader030.vdocuments.us/reader030/viewer/2022021321/58ef78781a28ab88228b45c9/html5/thumbnails/15.jpg)
Ryerson = Innovation
• Watson 2nd CDN university to receive
• Chang School Big Data Certification = one of
few in Canada
• = #1 in CAN, #5 in World
• = One of the 1st in Canada
• Business Analytics Zone = 1st in Canada?
![Page 16: About RHBA](https://reader030.vdocuments.us/reader030/viewer/2022021321/58ef78781a28ab88228b45c9/html5/thumbnails/16.jpg)
Current Progress
• Support from RCS and RESS
• Prof. Murtaza Haider as Industry Advisor
• Partnership with OneEleven, Data startup incubator
• IBM’s new Big Data University
• Approval from TRSM Dr. Steven Murphy, will aid in
funding if approved
![Page 17: About RHBA](https://reader030.vdocuments.us/reader030/viewer/2022021321/58ef78781a28ab88228b45c9/html5/thumbnails/17.jpg)
Student Response
• 555/600 (92.5%) Students support the creation of a
new zone focused on Business Analytics
• 581/600 (96.8%) Students would like to see
additional resources for training in Business Data
and Analytics
• 443/600 (73.8%) Students believe that Ryerson’s
curriculum doesn’t prepare them with the skills to
be proficient in a data centric world
92%
8%
Student Support
Yes
No
26%
74%
Curriculum Preparation
Yes
No
97%
3%
Students Wanting More Business Data and Analytics
Resources
Yes
No
![Page 18: About RHBA](https://reader030.vdocuments.us/reader030/viewer/2022021321/58ef78781a28ab88228b45c9/html5/thumbnails/18.jpg)
Student Testimonies
• Business intelligence and data analytics tools paired with the recent growing phenomenon of
big data technologies have arisen opportunities that can contribute to better decision making
for management in organizations
• With experience from the ITM618 Business Intelligence & Analytics course I set out on
designing a interactive Dashboard using a service called MicroStrategy. With use of concepts
learned from the course and some tinkering I was able to create a precise and usable tool that
helped management in resource allocation
- Uzair Chawala
• Any student can benefit from the zone, whether they're in business, architecture, social
studies, history, etc.
• Getting students involved and realizing the potential of how much big data can influence our
daily decisions can lead to so many opportunities that we haven't realized before
• As a student, we all thrive to learn something new, or find trends in data that was not known to
anyone before, and it's kind of exciting to find answers to questions we hadn't asked before.
- Shawdi Fereidooni
• Business Analytics is informative, a lot of people don't understand what big data is right now
but its literally talked about everywhere. Students don't understand how they can leverage that
kind of information
• People always talk about how much info Google records about us. They get freaked out
because of privacy. Students have no idea why Google wants that kind of data
- Monia Naguib
![Page 20: About RHBA](https://reader030.vdocuments.us/reader030/viewer/2022021321/58ef78781a28ab88228b45c9/html5/thumbnails/20.jpg)
Appendix A:• Slide 5: http://blog.linkedin.com/2014/12/17/the-25-hottest-skills-that-
got-people-hired-in-2014/
• Slide 6: http://www.ryerson.ca/provost/partnerships/talentgap.html
http://www.ryerson.ca/pbdi/
• Slide 7: http://www.ryerson.ca/provost/partnerships/talentgap.html
• Slide 8: http://ryerson.ca/ryersontoday/data/news/2014/12/20141215-
ryerson-students-to-put-ibm-watson-to-work-in-big-data.html
http://ce-online.ryerson.ca/ce/default.aspx?id=3635
• Slide 11: https://dmz.ryerson.ca/team/gridcure/
https://dmz.ryerson.ca/team/sampler/
http://dmz.ryerson.ca/team/physicalytics/
http://www.thestar.com/news/city_hall/2015/04/07/john-tory-wants-to-use-
data-to-ease-congestion.html
https://www.thedataincubator.com/
http://www.oneeleven.co/