Business execs who are leading their companies down the data science track may be dismayed by the difficulty and expense of hiring a data scientist, the so-called “unicorns” who command quarter-million-dollar salaries. But fear not: While companies can benefit from having a full-fledged data scientist on staff, it is by no means a requirement to actually doing data science.
The team-approach to data science started soon after Harvard Business Review named data scientist the “sexiest job of the 21st century” back in 2012, spurring a run on data scientists, applied mathematicians, and other quantitative types that still hasn’t let up yet. Thanks to the continued rapid evolution of technology – not to mention workplace workarounds put into place due to the aforementioned unicorn shortage – the team approach has grown in popularity.
Author: Alex Woodie