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Importance of Business Analysis in Data Science Projects – Part I

Introduction

One of the most publicized and arguably important use cases of Big Data technologies is their facilitation of Data Science techniques in solving complex business problems. Companies that embrace their data as a corporate asset can improve business processes and inform corporate strategies with insights gained through predictive and optimization analytic models.  Although the business value of these projects is tremendous, their success is completely dependent on the ability to overcome an age-old enterprise challenge: bridging the communication and prioritization gaps between a company’s business units and IT department.  While the IT department houses those most knowledgeable about the data and project-enabling technologies, project results are only relevant if they align with the needs of the business stakeholders. Continue reading Importance of Business Analysis in Data Science Projects – Part I