Sometimes data scientists are more concerned with pursuing their crafts than they are at solving business problems.
Recently, Ron Kenett, the distinguished Israel-based data scientist, and I compared notes on our own successes and failures — and those of our colleagues — in helping companies with data science.
While data science does require initial investment, you should expect real results — in terms of cost savings, new revenue, improved customer satisfaction, or risk reduction — within a couple of years. Obvious as this sounds, the implications are profound.
Post-analysis work is similarly critical, as insights and algorithms must stand up to the rigors of the real world. Of greatest concern are seemingly minor political issues, again testing the patience of inexperienced junior data scientists. More senior data scientists know politics can also work in their favor, and they make time to engage all impacted by their work.
Trust is a common thread throughout these recommendations, and managers must insist that data scientists work to earn that trust. And they must give them a fair chance to do so.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
USD/CAD plummets to sub-1.3000 levels, fresh monthly low ahead of Canadian jobs dataUSD/CAD plummets to sub-1.3000 levels, fresh monthly low ahead of Canadian jobs data – by hareshmenghani USDCAD RiskAppetite Fed Employment Currencies
Les mer »
Dollar dips as traders eye further ECB hikes, U.S. inflation dataThe dollar recoiled from recent peaks in Asia on Friday as a hawkish rate hike from the European Central Bank lifted the euro and investors looked to U.S. inflation data early next week.
Les mer »
Nancy Pelosi Is Blocking Landmark Data Privacy Legislation—for a Good ReasonIn the interest of passing this bill, Congress should look to environmental regulation.
Les mer »
Prism Drive's secure cloud solution is a great product for anyone handling large amounts of dataBackups and increased bandwidth are major advantages of having a cloud storage subscription
Les mer »