Data Science, ML & AI: Unleashing the Power of Data with AI

Leverage Data Science, Machine Learning (ML), and Artificial Intelligence (AI) to gain valuable insights from your data, optimize business processes, and create new business models. When applied methodically, these technologies optimize business processes, automate decisions, and enable the implementation of new, data-driven business models.

The Challenge

Identifying profitable use cases amidst the hype

The Paradox of Endless Possibilities

The hype surrounding AI, intensified by mainstream Generative AI, has created a paradox of endless possibilities. However, this has not translated directly into business value. Many companies do not know how to use these technologies profitably because they are unable to identify relevant use cases and provide the necessary data to use them effectively.

Our research confirms this fundamental challenge: a BARC study of 370 data experts found that 45% cite poor data quality as a primary obstacle to success in AI initiatives. The potential for increasing efficiency is huge, and the range of possibilities seems endless. This creates equally endless questions for organizations about where GenAI can truly make a difference, and how to move beyond experimentation to systematically generate business value from its data science initiatives.

The ideal

Using data science to realize the full potential of your data

A methodical approach is a prerequisite for success

It is essential to approach AI initiatives methodically rather than haphazardly. While the technology is in flux, the prerequisites for success are clear. A sound knowledge of ML fundamentals is a critical starting point, but the challenges extend beyond technology.

In addition to building a suitable Data & Analytics architecture, organizations must ensure that the interaction between data science, business, and IT can release synergies. In addition to building a suitable Data & Analytics architecture for providing quality-assured data, organizations must ensure that the interaction between data science, business, and IT can release synergies. Appropriate communication and sensitivity in change management are of paramount importance in this process.

How BARC Helps You Succeed

As independent analysts, we provide expert guidance through the complexities of the current AI landscape. With our support, you will understand the necessary requirements, identify relevant use cases, and conduct successful Proofs of Concept (PoCs) with a clear path to operationalization. We work with you to integrate your data science, ML, and AI initiatives into your corporate strategy, placing them on a solid foundation for success.

BARC’s consulting services for Data Science, ML & AI are built upon the daily experience of our analysts in enterprise projects.

In confidential expert workshops, coaching sessions, or in-house consultations, we translate your company’s unique requirements into future-proof decisions. We’ll accompany you in successfully leveraging data & analytics, starting with strategy and down to streamlined data-driven business processes.

Explore our related services, or  contact us directly for a consultation.

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