Why Data Science Projects Fail
- URL: http://arxiv.org/abs/2308.04896v1
- Date: Tue, 8 Aug 2023 06:45:15 GMT
- Title: Why Data Science Projects Fail
- Authors: Balaram Panda (The University of Auckland)
- Abstract summary: Data Science is the core of many businesses and helps businesses build smart strategies around to deal with businesses challenges more efficiently.
Data Science practice also helps in automating business processes using the algorithm, and it has several other benefits, which also deliver in a non-profitable framework.
In regards to data science, three key components primarily influence the effective outcome of a data science project.
- Score: 0.0
- License: http://creativecommons.org/licenses/by/4.0/
- Abstract: Data Science is a modern Data Intelligence practice, which is the core of
many businesses and helps businesses build smart strategies around to deal with
businesses challenges more efficiently. Data Science practice also helps in
automating business processes using the algorithm, and it has several other
benefits, which also deliver in a non-profitable framework. In regards to data
science, three key components primarily influence the effective outcome of a
data science project. Those are 1.Availability of Data 2.Algorithm 3.Processing
power or infrastructure
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