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TheInevitabilityofDataScience
ModernizationDuringtheMachineLearningandAIRevolution
TheInevitabilityofDataScienceModernization
TheInevitabilityofDataScienceModernizationDuringtheMachineLearningandAIRevolution
TableofContents
TheInevitabilityofDataScienceModernizationDuring
theMachineLearningandAIRevolution 3
TheBasicsofDataScienceModernization 3
LimitationstoTraditional,On-PremisesSolutions 4
DataScienceModernizationintheRealWorld:
ARoadmap 6
ChallengestoImplementationofaDataScience
ModernizationEffort 7
DataScienceModernization:
APrerequisiteforFutureGrowth 9
TheInevitabilityofDataScienceModernization
TheInevitabilityofDataScienceModernizationDuringtheMachineLearningandAIRevolution
PAGE
PAGE6
Itseemslikethebusinessworldhasgonecrazyformachinelearning(ML)andartificialintelligence(AI),viewingthetechnologiesastheessentialkeystotheveryfutureoftheenterprise.Infact,arecentsurveyfromESIThoughtLabfoundthattwo-thirdsofbusinessleadersseeAIascriticallyimportantfortheirfuture.Andyet,therespondentsreportthatonly25%ofAIprojectsareinwidespreaddeploymentand40%ofallprojectsaregeneratingnegativeornoreturns.Further,theaverageROIforAIprogramsisareported1.3%.1Howcantechnologybesocriticaltosuccessand,atthesametime,producesuchunderwhelmingresults?
Somethingisclearlywrongwiththispicture.
Themissinganswertotheriddleofhighexpectationscoupledwithlowreturnscanbefoundinagapbetweentheaspirational,futurestate,andthehardrealitiesthatexistinthehereandnow.AIandMLhavebeenapartoftheconversationforsometimebuttherealityisthatthedevelopmentofthesecapabilitiesisstillverymuchatthebeginningstages.InordertoachievethepotentialofMLandAI,fundamentalfactorsneedtobeaddressedandthisincludestheneedforacomprehe
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