Enterprises these days no longer follow outdated business processes. The focus is more on adopting the latest technology and relying on new software and tools to increase productivity and ROI. But working with advanced systems means hiring experts who have experience in the said field.
Data is a major part of every business. Be it artificial intelligence, machine learning, natural language processing, or business intelligence, these technologies work with vast amounts of data. Organizations need employees who can work with data and the latest software to derive insights and generate reports.
Many of you would have already heard of data scientists. A data scientist is supposed to know everything and manage it all. But that is hardly possible. Even though the person should have a varied skill set, a data scientist alone will not be enough. What enterprises need is a fully equipped data science team to work on big data.
Before we talk in detail about why and how you should build a data science team, let us first see what it actually is. The simplest definition is-
Data science is a field of study in which the knowledge of mathematics, statistics, programming skills, and domain expertise are combined to process large amounts of data and extract meaningful information.
A data science company offers multiple services related to data analytics, big data, deep learning, machine learning, artificial intelligence, and much more. The technologies and services are interlinked with the teams working on different aspects of data science and analytics.
Not every business has the suitable infrastructure to build a data science team. While some find it easy, others have to make a lot of effort. In such instances, hiring the services of a data science company is a better option.
What if you want to build a data science team? At what stage should you introduce data science into your enterprise? How important is it to build the right team?
Introducing data science into your business processes requires a lot of planning. You will need to be sure that you have enough budget to invest in systems, people, and processes. You also need to be assured that your existing employees will welcome the changes and embrace them. If your employees do not value the insights offered by data scientists, the purpose will be lost.
A data science team has multiple experts, each dealing with different aspects of the field. The roles and responsibilities of the team members depend on their experience in domain expertise, technical knowledge, and quantitative skills.
The actual team positions might differ, depending on the type of data science team an enterprise wants to build and how much it can invest into it.
The data science team structure can further be classified. You will first need to decide the type of team you want to build in your organization and then hire the right kind of experts.
So does this make you wonder who should the data science team report to? Well, the answer lies in the structure of the team chosen by the enterprise. In large enterprises, the team reports to the COO, CTO, CPO, or CFO. In the centralized model, the team reports to the head of data analytics.
We know that building a data science team is not a casual task. You will need to consider a lot of factors in choosing every member of the team and assigning them their respective team roles.
How to build a data science team from scratch?
Take a look at the factors mentioned below.
One of the main reasons for having a data science team in your organization is to load balance the machine learning model across the business. The responsibility of managing the team and ensuring that they are delivering the required insights lies with the team leader or the Chief Analytics Officer/ Chief Data Officer.
Though most data scientists and analysts are exceptionally talented at their work, we need to emphasize their leadership skills, too, when choosing the team head. Someone who has strong domain expertise, problem-solving abilities, reasoning, and decision-making skills and someone who can communicate with employees across the levels will be suitable for the role.
The data scientists, machine learning engineers, and other analysts should have worked on at least a handful of data science and big data projects. They should have successfully built models to gather data, process it, and derive accurate insights.
Experts who have worked with predictive analytical models that lean towards deep learning, NLP, and sentiment analysis will bring good experience to the team. Data scientists and analysts with diverse portfolios should be a preferred choice of addition to the data science team.
For a team to be well-rounded, you will need to hire people with varied academic qualifications related to the field. For example, a machine learning engineer comes from an engineering background. A business analyst would come from a statistics and mathematics background.
You will need programming with expertise in coding languages. A data journalist is someone who works with programming languages, data visualization tools, and database management software solutions. The more diverse the team’s overall academic qualification, the more the efficiency of the team and the better the results.
When building data science capability for your enterprise, start by looking within the enterprise. Before you hire external talent, make sure you have searched for options from within the business. Some of your employees might have been doing certification courses or working on ML models as a personal project.
You can also list out the potential employees who can be trained to work with external experts and become a part of the data science team. This will make it easy to adopt the new processes in the enterprise. And most importantly, it will give you an exact idea of the talent gap you are facing.
Though the task of the data science team is to gather insights from a large amount of data, it doesn’t mean they do not have to be aware of the business. Some data science teams indeed work on data without knowing what they are arriving at or how it will help the business (if it will even help).
But the right data science team is the one where the team members know the purpose of their job. Knowing what the management is looking for will help the team in analyzing the data with increased effectiveness. The models built by them will also be accurate and reliable.
Domain knowledge is a must for any job. The person you hire should have expertise in the field they work. They should have command over the topics, tools, techniques, processes, and systems that belong to their domain.
Domain expertise is a must, at least for the team leader, though we recommend hiring a team of domain experts. This will ensure that the success rate of the projects increases and the data analytics models built by the team will have little or no flaws. The team will also have the capabilities to scale and upgrade the models over time.
Database management, programming, computing, continuous integration of tools and systems, working on the cloud platforms, etc., are possible only when your data science team has the required technical abilities as well.
This one is usually listed under personal skills, along with domain knowledge, communication, data intuition, passing for learning, and intellectual curiosity. Working on big data, machine learning, NLP, etc., requires extra alertness from the team members to ensure that there are no minor errors that could cause havoc in the entire model. It is almost always those tiny details we miss that end up causing maximum trouble.
A lot of teams do not achieve their targets because of miscommunication and lack of proper collaboration between the team members. This led to a few multinational companies coming up with team-building exercises as a part of data science team best practices.
From organizing outings to facilitating multi-level communication within the organization, businesses are focusing on building teams where the team members can express their views, be heard, and learn from each other.
How can you build the right data science if the professionals don’t have the passion to build new models, discover insights, and provide valuable reports for the enterprise? You also need to make sure that the team is always motivated to deliver its best.
Building the right kind of data science team for your business is a time-consuming and cost-intensive process. You will need to factor in multiple elements before you hire each team member. An easier alternative would be to contact a data science company in India and hire their expertise.
Data science and data analytics firms think of the future when they build teams of experts to assist various SMEs and organizations from around the world. That’s how they provide the best data analytics services in the market. Hiring the services of data analytics firms can give your business the required power to forge ahead of your competitors.