5 Issues Facing Data Scientists and How to Resolve Them
Today, almost every company is looking for ways to analyze torrential amounts of data they generate from digital forums. It comprises rich business insights, customer search patterns, and market dynamics. But since analyzing raw data isn’t everyone’s cup of tea, hiring professional data science experts has become critical. They combine statistical modeling and analytical tools to make sense of data so organizations can make objective decisions.
Therefore, the demand for data scientists is at an all-time high. After all, there is hardly any business function that cannot benefit from these data experts. However, every career has its fair share of challenges. Many organizations are unable to provide scientists with the necessary tools and materials to drive results. Not having enough information makes it arduous for scientists to prepare and process data.
Likewise, some enterprises have undefined KPIs and metrics, making it impossible for scientists to provide insights. Thus, organizations should invest in a data-oriented infrastructure to ensure data experts don’t face any difficulties. Here we are highlighting five issues faced by data scientists and how to resolve them.
Data Preparation & Processing
Data scientists have to spend 80% of their time preparing and processing data to improve its quality. In addition to being exhaustive, it doesn’t leave them with enough time to perform analysis. Therefore, organizations should adopt emerging data science technologies such as augmented analytics to automate this process.
However, working on such software requires a lot of expertise. You might have taken a few short courses on data science, but that won’t be enough to work with complex models. Hence, look for higher educational opportunities since learning has become easier because of eLearning models. You can opt for a masters in data science online and complete it from the comfort of your home or office. It will equip you with proficient coding skills, data mining, machine learning, and different programming languages.
Undefined KPIs & Metrics
The lack of understanding of data science often leads to unrealistic expectations of data scientists. They believe the scientists can swing a magic wand and solve all business problems, but this isn’t possible. Not having well-defined KPIs and metrics will fail to provide a direction to data scientists. It means they can’t determine business performance and future outlook, which becomes counterproductive.
Therefore, every enterprise should create well-defined metrics that sync with the company’s objectives. It would give data scientists a clear idea of what they are working towards and the business performance. In turn, they can build models with accuracy and ensure the collected data is contributing towards business goals. Above all, having proper business KPIs can help owners with the decision-making process.
Integration with Open-Source Tools
Most data scientists use open-source programming languages such as Python. But unfortunately, organizations don’t have an IT infrastructure to support complex programs. They use conventional software and applications that make it challenging for data scientists to work smoothly. Additionally, organizations also face problems integrating open-source data science tools because of their limited budget and lack of expertise.
In such situations, the enterprises have two ways to go about the problem. They can either take a proactive approach to integrate open-source software solutions into the development pipeline. It will ensure that data scientists can use their preferred tools without any hassle. Otherwise, the businesses can outsource the IT department. As a result, they can get all the essential details and software from IT providers within minutes, speeding up the analysis.
As organizations switch to cloud servers, cyberattacks are becoming increasingly common. As a result, companies are installing regulatory measures with extended data consent, making things challenging for scientists. For example, they have to consistently send requests to the management for getting access to data. In addition to delaying work, such protocols can be frustrating for data experts.
Undoubtedly, compromising security isn’t an option, but organizations can optimize the security protocols. They can use advanced machine learning security platforms that can safeguard data without creating problems for data scientists. Instead of management approvals, they will leverage biometric scans and facial recognition. Hence, data scientists can access data freely without worrying about potential cyber threats.
Misconceptions About the Roles
In most organizations, entrepreneurs think of data scientists as the jack of all trades. They expect scientists to collect data, build models, and make business decisions. Because of this, data scientists have to work under pressure and look after multiple things. They have to create data visuals, invest time in predictive modeling, and perform critical analysis. It doesn’t matter if a data scientist possesses various skills; that’s not how things should happen in organizations.
Business owners have to split the roles among different individuals such as data engineers, data developers, etc. At the same time, they have to be clear about their task requirements to avoid putting unrealistic expectations on the scientist. Having specialized personnel for every task will ensure your business utilizes data in the best possible way.
With the data landscape changing at a rapid pace, the demand for data scientists is also increasing. They analyze data and deliver rich business insights. The management can act upon these insights and make more apt business decisions. However, the improper IT infrastructure and lack of knowledge of data science make it arduous for scientists to work smoothly. Thus, organizations should integrate AI-powered systems to support the data-driven infrastructure.