What Does Data Science Need to Be Successful?
There are certain advances that have revolutionized the tech world – personal computing, cell technology, and cloud computing are just some of them. Now that we have the ability to store massive amounts of data in the cloud and then use it with advanced analytics, we can finally start working towards a machine learning future. It’s time for data science to shine. Here are some stats: 61% of organizations identify machine learning as the most significant data initiative for the next year There is $3.5 to 5.8 trillion in potential annual AI-derived business value across 19 industries Businesses are seeing the potential too. Data science can have great impact in: Building and enhancing products and services Enabling new and more efficient operations and processes Creating new channels and business models But unfortunately, for many businesses much of that is still in the future. Despite making big investments in data science teams, many are still not seeing the value ...
