Forbes: Colleagues Over Competitors: Data Scientists Need To Retain Their Academic Instinct In The Corporate World
This contributed story by Dr. Michael Feindt, strategic advisor with Blue Yonder, originally appeared in Forbes on April 30, 2021. Excerpts from the story below. To see the full story Forbes.com.
The old proverb that « too many cooks spoil the broth » is sometimes true. When it comes to data scientists and the role of third-party providers in implementing a successful artificial intelligence (AI) or machine learning (ML) project, however, relying on just one chef can result in a less-than-desirable taste.
The conflict between competition or colleagueship among scientists is as old as time. The very essence of being a scientist is to arrive at outcomes following lengthy processes. As part of that ambition and toil, a certain personal pride and even stubbornness inevitably arrives. Because, with science, to be the « first » is the one of the ultimate goals.
Compounding this, the worlds of science and business are now blurring. Amid company strategies built upon digital transformations, big data, AI or cloud transitions, the notion of having in-house data scientists is nascent but very common. Meanwhile, the C-suite’s understanding of these employees’ backgrounds and capabilities hasn’t evolved yet.
The inclination to not only allow them — but expect them — to enact hugely complex projects single-handedly is a dangerous precedence to set. A perceived responsibility to achieve the goals of a department or project alone, when data scientists are already inclined to achieve personal breakthroughs alone, could be a recipe for disaster.
In The News
- Logistics Viewpoints: Five Advanced Technologies That Are Revolutionizing Logistics
- Logistics Viewpoints: Mastering Profitable Omni-Channel Logistics, Despite Disruptions
- TechTarget: Data preparation in machine learning: 6 key steps
- Yahoo! News: Fight Inflation: Buy These 10 Items Now Before Prices Go Up
- Retail Today: 5 Trends Reshaping the Retail Landscape
- Forbes: The Scientific Principle: How Sure Can You Be About The Future?
- Retail TouchPoints: Blue Yonder Helps Retailers Manage Omnichannel Fulfillment Options
- Total Retail Tech Insights (Podcast): Make Supply Chain a Competitive Differentiator With Blue Yonder
- Forbes: Target Leakage And The Value Of Historicized Data
- Logistics Hall of Fame: Prof. Dr. Michael Feindt to Be Honoured as TRATON Logistics Leader Of The Year 2021
Media Relations Inquiries
Marina Renneke, APR
Corporate Communications Director
mediarelationsteam@blueyonder.com
480-308-3037
Analyst Relations Inquiries
Celeste White
Senior Director, Global Analyst Relations
analyst.relations@blueyonder.com