Alchemy: data into business value

alchemy

We know that data is the new oil and machine learning will remake every business. Converting data into sustainable business value is the modern alchemy.

However, as Peter Xenopoulos pointed out:

Machine learning … Everybody talks about it. Only some really know how to do it. Everyone thinks everyone else is doing it. So, everyone claims they’re doing it.

As many have painfully discovered simply hiring a data scientist and trusting something good will happen is an expensive form of window dressing that doesn’t deliver real business value.

Here are ten steps to help you down the path from “claims your doing it” to “really knows how to do it”.

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