Increased Awareness of the Value of Data Science
- by 7wData
Learn how you can maximize big data in the cloud with Apache Hadoop. Download this eBook now. Brought to you in partnership with Hortonworks.
I had a great discussion with Michele Chambers, E.V.P. Anaconda Business Unit and CMO for Continuum analytics about the research they commissioned. They found that 96 percent of data science and analytics decision-makers agree that data science is critical to the success of their Business, yet 22 percent are failing to make full use of the data available. These findings are included in Continuum Analytics’ new eBook, Winning at Data Science: How Teamwork Leads to Victory, based on the company’s inaugural study that explores the state of Open Data Science in the enterprise.
The research, conducted by independent research firm Vanson Bourne, surveyed 200 data science and analytics decision makers at U.S. organizations of all sizes and industries to examine the state of open data science in the enterprise. Continuum Analytics also surveyed more than 500 data scientists to uncover similarities and disparities between the two groups. Topics ranged from the value of data science, challenges around adoption and how data science is being utilized in the enterprise.
Key takeaways and findings from the research are consistent with my recent qualitative research on big data with 22 executives from 20 companies:
While obstacles persist, an increasingly data-driven world calls for data science teams in the enterprise — it’s not a one-person job. Though 89 percent of organizations have at least one data scientist, less than half have data science teams. Findings revealed that 69 percent of respondents associate Open Data Science with collaboration, proving that teamwork is essential to exploit the power of the data, requiring a combination of skills best tackled by a strong team.
According to Michele, a lot of data science is still ad hoc with people working in silos.
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