Our Summer Tech Meetup
Just a few weeks ago (08.06.2017) we organized a Tech Meetup in Hungary. The reason why we organized this event was so simple: there had never been such an event in the city and the topic was so innovative. The main purpose was to ensure a place where people who are interested in Data Science and Innovation can meet and discuss their problems and share their experience. So we had decided to hold a Meetup and with this contribute to the scientific life of the region.
In two words: Innovation and DATA SCIENCE. But what does data science mean? According to Wikipedia: „Data science, also known as data-driven science, is an interdisciplinary field about scientific methods, processes, and systems to extract knowledge or insights from data in various forms, either structured or unstructured, similar to data mining.” As we can see it is a very complex and modern field of science where you need knowledge in programming, data visualization and statistics. Many scientists said it has a bright future and can be one of the most popular profession. As the Harvard Business Review called it
„The Sexiest Job of the 21st Century”
One of our colleagues held a presentation about Data Science, focusing on the difference between correlation and causation. The first part of the presentation speech was about the data science in general in order to everybody can understand how it works and for what we can use it.
In the second part we dissected the problem of correlation and causation. We put emphasis on the clarification of their definitions. Because most of the time correlation and causation are mistaken. In a few words, correlation shows the mutual relationship between two or more factors. Contrarily the causation reveals the relationship between cause and effect. Just a short example: in a fire case the more firefighters are sent out the higher is the value of items damaged is a correlation because not the number of the firefighters cause the higher damage. But the bigger is a fire the higher is the value of items damaged is a causation already because the size of the fire influences the value of items damaged.
At the end our CEO was involved in a round table discussion where he answered the questions of the audience, provided technical advices to the beginner Startups and acquainted them with AnswerMiner.
We can say it was a successful initiation to wake up minds on the field of data science and demonstrate we can still trust in numbers. More than 40 people, young and senior, participated in the first event. We believe that these kinds of meetups or workshops must take place frequently to warrant the opportunity to get the new and innovative learnings.