news corp - data driven nyc // june 2014 (28)
DESCRIPTION
News Corp Chief Data Scientist Rachel Schutt presented at June's edition of Data Driven NYC. News Corp is a global vertically integrated media company with properties in film, television, cable, magazines, newspapers, and publishing.TRANSCRIPT
![Page 1: News Corp - Data Driven NYC // June 2014 (28)](https://reader034.vdocuments.us/reader034/viewer/2022051210/54c64f084a79591a6d8b45e8/html5/thumbnails/1.jpg)
DATA SCIENCE AT NEWS CORPRachel Schutt, Chief Data Scientist!
24 June, 2014
![Page 2: News Corp - Data Driven NYC // June 2014 (28)](https://reader034.vdocuments.us/reader034/viewer/2022051210/54c64f084a79591a6d8b45e8/html5/thumbnails/2.jpg)
DATA DRIVEN NYC / 24 JUNE, 2014
RACHEL SCHUTT
2
Became Chief Data Scientist at News Corp in October 2013. Previously a Data Scientist at Google in New York, and is a published author and professor at Columbia.
![Page 3: News Corp - Data Driven NYC // June 2014 (28)](https://reader034.vdocuments.us/reader034/viewer/2022051210/54c64f084a79591a6d8b45e8/html5/thumbnails/3.jpg)
DATA DRIVEN NYC / 24 JUNE, 2014
OUR BUSINESSES
3
![Page 4: News Corp - Data Driven NYC // June 2014 (28)](https://reader034.vdocuments.us/reader034/viewer/2022051210/54c64f084a79591a6d8b45e8/html5/thumbnails/4.jpg)
NEWS CORP AND DATANAME OF THE PRESENTATION / XX MONTH, XXXX
DATA STRATEGY
4
• Chief Data Scientist— new role !
• Responsible for global data strategy, as component of global technology strategy, led by CTO, Paul Cheesbrough
!
• Many interesting ways data & journalism intersect
!
• Building a data culture !
• Initial strategy —> Shift in strategy !
• In close collaboration with SVP—Platforms, Simon Smith
!
!
![Page 5: News Corp - Data Driven NYC // June 2014 (28)](https://reader034.vdocuments.us/reader034/viewer/2022051210/54c64f084a79591a6d8b45e8/html5/thumbnails/5.jpg)
DATA DRIVEN NYC / 24 JUNE, 2014
OUR APPROACH
5
Make data part of our DNA
People Internal experts supported by world-class partners A cross functional team of doers and implementers Prefer investment in talented people over tools
!
Technology Best in class data tech stack Everyone in the team should be able to code Create data products in preference to static reports
!
Values Agile - fast moving, focused on business results Collaborative engagement model with stakeholders Strong design ethos - using visuals to tell stories with data
Data
Technology
Journalism
![Page 6: News Corp - Data Driven NYC // June 2014 (28)](https://reader034.vdocuments.us/reader034/viewer/2022051210/54c64f084a79591a6d8b45e8/html5/thumbnails/6.jpg)
DATA DRIVEN NYC / 24 JUNE, 2014
WHAT KIND OF DATA DO WE HAVE?
6
![Page 7: News Corp - Data Driven NYC // June 2014 (28)](https://reader034.vdocuments.us/reader034/viewer/2022051210/54c64f084a79591a6d8b45e8/html5/thumbnails/7.jpg)
NEWS CORP AND DATANAME OF THE PRESENTATION / XX MONTH, XXXXNEWS CORP AND DATA
MOST SYSTEMS PRODUCE LOGS
Commerce Call Centre Billing Sales & Circ Web Logs Device Logs Ad Logs Social
![Page 8: News Corp - Data Driven NYC // June 2014 (28)](https://reader034.vdocuments.us/reader034/viewer/2022051210/54c64f084a79591a6d8b45e8/html5/thumbnails/8.jpg)
NEWS CORP AND DATANAME OF THE PRESENTATION / XX MONTH, XXXXNEWS CORP AND DATA
WHY ARE LOGS IMPORTANT
time
User ID Sub Date Cancel Date Status
1 2014-04-01 - Trialist
2 2014-03-15 - Subscriber
3 2014-02-15 2014-04-15 Canceled
User1: Signup
User2: Signup
User3: Signup
User1: Start Trial
User2: Start Trial User2: Finish Trial
User3: Start Trial User3: Finish Trial User3: Cancel
ULTIMATE TRUTH SNAPSHOT IN TIME
![Page 9: News Corp - Data Driven NYC // June 2014 (28)](https://reader034.vdocuments.us/reader034/viewer/2022051210/54c64f084a79591a6d8b45e8/html5/thumbnails/9.jpg)
DATA DRIVEN NYC / 24 JUNE, 2014
OUR APPROACH
9
Traditional enterprise data warehouse approach…
![Page 10: News Corp - Data Driven NYC // June 2014 (28)](https://reader034.vdocuments.us/reader034/viewer/2022051210/54c64f084a79591a6d8b45e8/html5/thumbnails/10.jpg)
DATA DRIVEN NYC / 24 JUNE, 2014
OUR APPROACH
10
Our approach…
![Page 11: News Corp - Data Driven NYC // June 2014 (28)](https://reader034.vdocuments.us/reader034/viewer/2022051210/54c64f084a79591a6d8b45e8/html5/thumbnails/11.jpg)
DATA DRIVEN NYC / 24 JUNE, 2014
THE DATA SCIENCE PROCESS
11
![Page 12: News Corp - Data Driven NYC // June 2014 (28)](https://reader034.vdocuments.us/reader034/viewer/2022051210/54c64f084a79591a6d8b45e8/html5/thumbnails/12.jpg)
DATA DRIVEN NYC / 24 JUNE, 2014
SOME EXAMPLES DATA SCIENCE IN ACTION
Churn Models
Propensity Analysis User Behavior Modeling
![Page 13: News Corp - Data Driven NYC // June 2014 (28)](https://reader034.vdocuments.us/reader034/viewer/2022051210/54c64f084a79591a6d8b45e8/html5/thumbnails/13.jpg)
DATA DRIVEN NYC / 24 JUNE, 2014
DATA + JOURNALISM
13
• Business side vs news room • Data Scientists should learn from journalists • Data Visualization and Infographics in reporting
• NLP in news room • Data-driven decision making in news room • Driving high quality traffic that converts to subscriptions
• Paywall model • Acquisition and retention-- predictive modeling
• How can data help shape the future of news?