Gartner Research

Five Ways Data Science and Machine Learning Deliver Business Impacts

Published: 19 October 2017

ID: G00343858

Analyst(s): Erick Brethenoux , Alexander Linden


Data science and machine learning can have profound impact on a business, and are becoming critical for differentiation and sometimes survival. Being able to quickly identify that impact into one of five categories this research presents will help data and analytics leaders further drive results.

Table Of Contents
  • Impacts


Impacts and Recommendations

  • Data and analytics leaders should understand the powerful and tangible business benefits that data science projects can deliver prior to rounding up and engaging with their analytical teams, to have a greater chance of success
    • 1. Innovation — Foster New Thinking Based on Data Science
    • 2. Exploration — Explore Unknown Patterns in Data
    • 3. Prototyping — Challenge the Status Quo With Radical New Solutions
    • 4. Refinement — Continuously Improve Existing In-Production Solutions
    • 5. Firefighting — Identify the Drivers of Certain Upcoming Situations

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