In their (understandable) haste to take advantage of the opportunities that Advanced Analytics brings, many companies have brought in consultancies to do the work for them – from building dashboards to predictive analytics to Robotic Process Automation.
Apart from the fact that outsourcing a key source of competitive advantage is not generally wise, this approach leaves a huge gap – if you are not involved in building the models yourselves, you will not understand them, your people will not develop their capability, and you will be indefinitely dependent on your consultants for the inevitable model updates and refinements.
While it is true that cutting-edge applications require degree-level expertise, most opportunities to use machine learning are far more straightforward and the techniques can be learned by numerate employees who are expert in your business, not data science. When you put these tools into the hands of your own people, you have the vital combination of business understanding and data science capability that is the key to success.
We offer two paths to engaging your employees in Data Science: