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What is Data Strategy

Encyclopedia of Data Science and Machine Learning
The design of processes for data collection and manipulation with the objective to add value to a business objective.
Published in Chapter:
Machine Learning in the Real World
Stylianos Kampakis (Centre for Blockchain Technologies, University College London, UK)
Copyright: © 2023 |Pages: 16
DOI: 10.4018/978-1-7998-9220-5.ch104
Abstract
Most data scientists and machine learning practitioners focus on algorithm development and implementation. However, the proper and successful application of data science in an organisation cannot be separated from business objectives and organisational dynamics. This way of thinking, however, can feel foreign to many data scientists who focus mostly on technical details. The goal of this article is to outline some of the considerations that a data scientist needs to take into account when implementing data science within an organisation. More specifically, this article discusses the topics of data strategy, data science processes, and some recent developments like MLOps.
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