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Edward Chenard

I make you money and create value with data and AI, built multiple billion dollar plus data and AI driven products

Edward Chenard is a business strategist with a focus on utilizing data and AI to drive business growth. With experience in Europe and the Americas, he has successfully grown businesses from inception to over a billion in revenue by expanding market reach, products, and customer bases. Edward's unique strategy integrates CX, UX, decision science, design, marketing, legal, and product development with analytics and data science to achieve holistic business outcomes. He holds an MBA in Global Marketing and Branding from Thunderbird School of Global Management and a BA in International Business and Language Area Studies from St. Norbert College. Edward has held leadership positions in various organizations, including Chief Data and Analytics Officer roles at Open to a New Role and Cyberian Data, and Head of Data Science and Business Intelligence at Looker and Snowflake at Olo.

Highlights

Jul 9 · linkedin

A genuine shutout and congratulations to my sister-in-law, Oxana. Who was recently honored for her efforts in saving lives.   I know the covid era is mainly forgotten by most. My sister-in-law was a doctor during that period at a large hospital in a major metro area. Like many, they were caught off guard and didn’t have enough PPE. Oxana worked on the frontlines as an emergency room doctor as well as a covid ward doctor.   The doctors were asked to put in more time as the hospital was getting overwhelmed and they were designated as a primary care covid hospital. A lot of doctors quit due to the pressure! But Oxana kept working.    My Father-in-law was also a doctor and was set to retire soon when covid hit. He inspired Oxana to become a doctor. He was an award-winning doctor who pioneers many procedures and was well respected. Unfortunately, covid got him and he passed away in 2021.  He was working in another hospital with covid patients.  Oxana kept on working, knowing the risks and having to work through losing her Father.    Last week, she was recognized by the mayor of the city she lives in (a major city) for her hard work and dedication to helping as many people as possible.    It’s also a big deal as she is in a very male dominated field and a minority. Where she lives, very few minorities get that kind of recognition.    I am very proud of all she did. It was a tough fight and she fought hard to save as many people as possible with constant stress and never taking a break.  Her first vacation since lockdowns was earlier this year. It took a toll on her mentally and physically but I am glad her work is being recognized.    I am very proud to be related to people like Oxana. I am glad others saw the hard work she put in without complaining, she just got to it. As proud as I am, I hope she never had to face that kind of experience again.

Jun 8 · linkedin

This is a picture I took of the Minnesota River this week; it is flooding. The river flooding is not unusual, but the time of the year is.    Normally the river will flood from March to May as the snow melt floods into to the river. We had a dry and warm winter, what snow we had, didn’t stick around. I road on this trail starting in March and the river was very low. In fact, I thought we might be headed for another drought year.    However, here we are in June and the river is flooded. The trail, boat launches and baseball fields are all flooded. Why does this matter? Predictive analytics is why this matters.   Last year I was in logistics and many customers wanted to predict the price of shipments. Most companies can do this quite well a few weeks out or a couple of months. Some customers wanted us to predict the price a year out. My typical response was, we can do that but I won’t stand behind the number.   The reason for that are the variables in play. Logistics pricing is impacted a lot by weather and fuel prices. Will current conflicts impact the price of oil? Will new conflict arise? Are the previous years weather patterns going to remain or will we have different patterns that impact demand? These are not impossible but they are hard to predict.    I’m sure there are people who study weather who may have predicted this flooding. But the average person around here is shocked that we have flooding now. The average data scientist working on those pricing models, don’t have the weather domain knowledge or geo-political knowledge to change the variables.   These are the kind of events that make long term predictions very difficult. Data that is sensitive and volatile is often hard to predict. Sometimes the person who has been in the role for 20 years and developed an instinct for understanding the trends, is far better than the data scientist with all their models.    It’s also important to understand what is really needed. Sometimes when people asked for predictive, they really wanted prescriptive analytics. That is, not so much what will happen, but what to do when something happens. It’s important to understand that difference, it’ can sometimes change half the conversations. However, there are times when it is purely predictive. In those cases, it is important to always level set expectations and never over promise but know your limitation.  #data #analytics #MN

This is a picture I took of the Minnesota River this week; it is flooding. The river flooding is not
Edward Chenard
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Location

Greater Minneapolis-St. Paul Area