Data science is being used today to solve problems ranging from poverty alleviation to scientific research. It has emerged as the leading discipline that aims to disrupt the industry's status quo and provide a new alternative to pressing business issues.
However, while the promise of data science and machine learning is immense, it is important to bear in mind that it takes time and effort to realize the benefits. The return-on-investment on a machine learning project typically takes a fairly long time. It is thus essential to not overestimate the value it can bring in the short run.
A typical data science project in a corporate setting would require the collaborative efforts of various groups, both on the ...
