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Datascope Analytics, or Datascope, is a data-driven consulting and design firm based in Chicago, IL. The firm was founded in 2009 by co-founders Mike Stringer and Dean Malmgren after the two realized the lodes that could be extracted from
data science Data science is an interdisciplinary field that uses scientific methods, processes, algorithms and systems to extract or extrapolate knowledge and insights from noisy, structured and unstructured data, and apply knowledge from data across a br ...
. In addition to analyzing massive amounts of data, the firm builds useful tools for people, organizations and companies to learn from data, and be more quantitative in how they approach different problems. Their data science services include strategy consulting, software development and training. __FORCETOC__


History

Datascope was founded in 2009 by Mike Stringer and Dean Malmgren. Stringer received a BS in Engineering Physics from the
University of Colorado The University of Colorado (CU) is a system of public universities in Colorado. It consists of four institutions: University of Colorado Boulder, University of Colorado Colorado Springs, University of Colorado Denver, and the University of Co ...
and a PhD in Physics from
Northwestern University Northwestern University is a private research university in Evanston, Illinois. Founded in 1851, Northwestern is the oldest chartered university in Illinois and is ranked among the most prestigious academic institutions in the world. Charte ...
. Malmgren received a BS from the
University of Michigan , mottoeng = "Arts, Knowledge, Truth" , former_names = Catholepistemiad, or University of Michigania (1817–1821) , budget = $10.3 billion (2021) , endowment = $17 billion (2021)As o ...
and a PhD in Chemical and Biological Engineering from Northwestern University, where he was a research fellow alongside Stringer. It was during their time at Northwestern that they began to realize the lodes that could be extracted from data science, more specifically, the useful tools they can provide people, organization and companies. The company has worked with industry leaders like
Thomson Reuters Thomson Reuters Corporation ( ) is a Canadian multinational media conglomerate. The company was founded in Toronto, Ontario, Canada, where it is headquartered at the Bay Adelaide Centre. Thomson Reuters was created by the Thomson Corpora ...
,
Procter & Gamble The Procter & Gamble Company (P&G) is an American multinational consumer goods corporation headquartered in Cincinnati, Ohio, founded in 1837 by William Procter and James Gamble. It specializes in a wide range of personal health/consumer hea ...
,
Motorola Motorola, Inc. () was an American Multinational corporation, multinational telecommunications company based in Schaumburg, Illinois, United States. After having lost $4.3 billion from 2007 to 2009, the company split into two independent p ...
, Kaplan,
Daegis Daegis Inc. (formerly Unify Corporation) was one of the early developers of database management systems and tools for database development. It was founded in 1980 and headquartered in Irving, Texas. Unify initially focused on providing databases ...
, and the
Detroit Pistons The Detroit Pistons are an American professional basketball team based in Detroit. The Pistons compete in the National Basketball Association (NBA) as a member of the league's Eastern Conference Central Division and play their home games at Li ...
, to emerging tech companies and nonprofits. In 2011, Datascope began the Data Science Chicago Meetup, which now has over 3,635 members, as well as Data Science Madison, founded in 2014, which currently has 363 active members. The group discussions range from tutorials on new technologies and their applications to success stories from practitioners, as well as cutting-edge academic data science and social activities. In 2016, they founded a Chicago Women in Machine Learning and Data Science team. The Meetup discusses machine learning and data science in an informal setting with the purpose of learning about top-notch research and technology, while building a community around women in these fields. In 2014, Datascope launched a data science boot camp for New York-based Metis, part of the Kaplan education network, helping others accelerate their data science careers. Datascope helped create the curriculum. Recently, Kaplan expanded their data science boot camp into the San Francisco and Chicago market, still utilizing Datascope's curriculum as a basis.


Culture

Bootstrapped since their inception, Datascope worked out of Northwestern University's Farley Center for Entrepreneurship and Innovation their first year in business. Unlike most companies that have predetermined hierarchy, Datascope quickly adopted a completely flat company structure, which gives each employee the same monthly salary, and allows each employee the opportunity to take on a leadership role. These roles are chosen based on whichever employee finds a particular project to be the most mentally and creatively stimulating. To ensure this, Datascope custom-built an operating agreement to retain a flat organizational structure that reflects the company's culture.


References

{{Reflist Analytics companies Companies based in Chicago