Enterprises back data science but don't have the skills and tools to make it work

Enterprises are overwhelmingly counting on data science as a key to their long-term success, but flawed investments in people, processes and tools are leading companies to fail in their best efforts to develop, deploy, monitor, and manage models. New research from Domino Data Lab shows that while 71 percent of data executives say their company leadership expects revenue growth from their investment in data science, 48 percent say their company has not invested enough to meet those expectations. And yet 82 percent of those polled say their employers have no trouble pouring money into investments that yield only short-term results.… [Continue Reading]