The Most Valuable Data Science Project
Has your team done it?
Data Science teams have proven to have a high ROI for companies. They can provide insights and discover patterns that companies couldn’t figure out before Data Science.
So, what’s the most valuable project a Data Science group can do? It doesn’t have to do with Machine Learning or anything fancy like that. The project with the biggest ROI is actually quite simple and is proven to make your Data Science team stand out every time.
The project is showing off your team’s impact on the organization. Whether that’s time saved, cost reduction, or increased revenue. It needs to be collected and needs to be in a dashboard or report.
Why?
Many people in your organization probably don’t understand Data Science. For those who don’t understand Data Science, they probably don’t know how much your team has positively impacted the organization.
Speaking from experience, once I displayed our team’s metrics on cost reduction for the company, it started to open eyes. We started to get a ton of visibility and even more work. We started to work on bigger, more meaningful projects. This is all because everyone, including executives, started to understand what we did and the impact we have on the organization.
