Data Science – Profit Centre vs Cost Centre

Have you ever wondered how can we justify the business values created by data science? Is there any difference between a profit centre setup (i.e. client/stakeholder funded) for data science versus a cost centre setup (i.e. centrally funded)? For any business function in a company, it is important for the business function to be able… Continue reading Data Science – Profit Centre vs Cost Centre

Data science solutions – Build vs buy

Many data scientists are working in companies with less advanced technology infrastructure. But these companies still wish to solve their business problems with the help of data science / analytics. At this point usually a question arises, “Should we build or buy a solution to solve this problem with data science?”. As nicely pointed out… Continue reading Data science solutions – Build vs buy