Taking the time to develop a data science strategy is crucial. It forces you to learn more about what data science is before you start investing and making important choices. Having a strategy in place lowers the risk of missing vital steps and considerations along the way.
Though data science is a blend of different disciplines — like mathematics, statistics, and computer science — do not be mistaken: It is a discipline of its own. Understanding the key concepts and considerations driving the area of data science is vital but often not even done. learn data science online course
My view is that when you truly understand what data science is all about, you'll look at your company in another light, from another perspective. It will be obvious to you what needs to be done differently, and you'll be able to explain why this is the case. Then you can motivate those around you to make the necessary changes because, in data science, it all starts and ends with data. Perhaps many companies that have been around for a while don't think of themselves as structured around data that way, but they need to be if they are to succeed in the new data and artificial intelligence age.
Google uses data as the starting point for everything. By using artificial intelligence and machine learning techniques to detect patterns and deviations in the data, Google can decide in a truly data-driven manner which business to go for and which areas to prioritize and take action on. At Google, data drives organizational change, innovation, and business priorities. And its overall leading slogan is, as you can imagine, AI-first.data science course
Aligning the Company ViewIf you drive your data science strategy the right way, you'll have an opportunity to bring people together around the business opportunities sure to result from your data science investment. It’s important to formulate that vision and mission and capture it in a data science strategy that is agreed on by all stakeholders. By doing so, you ensure that everyone is committed to the stated objectives and that they’re anchored in the organizational structure early on. That gives you a strong and solid foundation for the vast and challenging work ahead.
However, it’s easier said than done to align an organization around data science. Why is that? Well, for starters, people's views about the insights into what data science is and how it will be transformative for different businesses are quite varied. That means you won't be starting at the same level of understanding of what it means to introduce data science into the company. If some enter into the undertaking assuming that data science can be added into a corner of the company as some kind of add-on and be expected to generate value, you’ll have issued further down the line and for more data science training
Creating a Solid Base for ExecutionBy actually writing down your data science approach and priorities, you’re establishing the foundation for the plans needed to execute the strategy. It helps steer the business in the right direction and provides a baseline to rely on when challenges appear and new opportunities arise.
A vital component of such a solid base is an architectural drawing, in which your infrastructure can be realized and implemented. This requires quite a lot of detailed thinking in cross-domain team setup, not only to detail the setup and execution approach in different domains but also to think through how this will be executed in a data- and machine-driven set up across the whole company in a fluid manner.
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