Building a data science team is as tough as assembling any collection of people who are meant to reach a common business goal. However, it has some unique challenges, too, especially with data science a newly established function inside many businesses.
In NewVantage Partners’ latest survey on artificial intelligence and big data, only 38% of respondents from the Fortune 1000 said they have managed to create a data-driven organization. Even fewer — 27% — reported success at building a data culture within their firms. Becoming data-driven requires effort, and one key piece is how the data science organization is structured — hived off from the rest of the company, a central node that touches many points of a network, or something in-between.
Author: Vince Ryan