Gartner Research

Data Science and Machine Learning Offer Five Business Benefits to Midsize Enterprises

Published: 09 February 2018

ID: G00346290

Analyst(s): Erick Brethenoux , Alan D. Duncan , Alexander Linden

Summary

Data science and machine learning can deliver profound benefits to midsize enterprises, and are becoming critical for differentiation and even long-term survival. The ability to quickly categorize the business impact of nascent data projects will help CIOs prioritize them and get better results.

Table Of Contents
  • Impact

Analysis

Impacts and Recommendations

  • Data Science Can Deliver MSEs Five Types of Business Benefit
    • 1. Innovation: Foster New Thinking Based on Data Science
    • 2. Exploration: Explore Unknown Patterns in Data
    • 3. Prototyping: Challenge the Status Quo With Radical Solutions
    • 4. Refinement: Continuously Improve Existing In-Production Solutions
    • 5. Firefighting: Identify the Causes of Upcoming Problems
  • Bottom Line

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