APAC CIOOutlook

Advertise

with us

  • Technologies
      • Artificial Intelligence
      • Big Data
      • Blockchain
      • Cloud
      • Digital Transformation
      • Internet of Things
      • Low Code No Code
      • MarTech
      • Mobile Application
      • Security
      • Software Testing
      • Wireless
  • Industries
      • E-Commerce
      • Education
      • Logistics
      • Retail
      • Supply Chain
      • Travel and Hospitality
  • Platforms
      • Microsoft
      • Salesforce
      • SAP
  • Solutions
      • Business Intelligence
      • Cognitive
      • Contact Center
      • CRM
      • Cyber Security
      • Data Center
      • Gamification
      • Procurement
      • Smart City
      • Workflow
  • Home
  • CXO Insights
  • CIO Views
  • Vendors
  • News
  • Conferences
  • Whitepapers
  • Newsletter
  • Awards
Apac
  • Artificial Intelligence

    Big Data

    Blockchain

    Cloud

    Digital Transformation

    Internet of Things

    Low Code No Code

    MarTech

    Mobile Application

    Security

    Software Testing

    Wireless

  • E-Commerce

    Education

    Logistics

    Retail

    Supply Chain

    Travel and Hospitality

  • Microsoft

    Salesforce

    SAP

  • Business Intelligence

    Cognitive

    Contact Center

    CRM

    Cyber Security

    Data Center

    Gamification

    Procurement

    Smart City

    Workflow

Menu
    • Cognitive
    • Cyber Security
    • Hotel Management
    • Workflow
    • E-Commerce
    • Business Intelligence
    • MORE
    #

    Apac CIOOutlook Weekly Brief

    ×

    Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Apac CIOOutlook

    Subscribe

    loading

    THANK YOU FOR SUBSCRIBING

    • Home
    • Cognitive
    Editor's Pick (1 - 4 of 8)
    left
    Agile Transformation Journey

    Sachin Nair, VP CIO, Khan Bank

    Responsible AI: The Human-Machine Symbiosis

    Sal Cucchiara, CIO & Head Of Wealth Management Technology, Morgan Stanley

    Seamless Integration into Networking Industry

    Robert Lewis, CIO, Assurant

    Enhancing Customers' Experience through Technology

    Marc A. Hamer, VP & CIO, Babcock & Wilcox Enterprises, Inc.

    Digital Transformation in Fashion Retail - From Efficiency to Experience

    Le Van, CTO, YODY Fashion

    Making Sense of Artificial Intelligence

    Joe Zirilli, Vice President, Artificial Intelligence, Parsons

    Revolutionizing Architecture and Construction: The Synergy of Artificial Intelligence and the Internet of Things (AIoT) in Building Smart Structures

    Raymond Kent, ASTC, Assoc AIA, LEED AP BD+C, Senior Technology Design Leader, Principal, DLR Group

    A Record of RPA

    Osmond Li, Senior Manager, Head of Technology Innovation, Dah Chong Hong Holdings Limited

    right

    How Do You Create A Unicorn If You Cant Buy One

    Iacopo Ghisio, Head Of Artificial Intelligence And Machine Learning Dept., Gruppo Mutuionline

    Tweet
    content-image

    Iacopo Ghisio, Head Of Artificial Intelligence And Machine Learning Dept., Gruppo Mutuionline

    As most of you probably know, Data Science is not a new discovery in the world of Innovation. Artificial Intelligence, Machine Learning, Advanced Analytics are just rebranding of science born more or less 100 years ago but tied up due to lack of computational resources. Thanks to a recent, last decade, boost in hardware resources, Data Science now has its deserved success.

    What companies are seeing since then,it’s a ramp-up in reputation and salary of all those people smart, lucky, passionate, and competent enough to manage and build their career in such a complex ecosystem of tools and technologies that enable Data Science at the corporate level.

    I am probably going to say something that happened to most of you that had the duty of hiring team members if I say that it’s common to find or being offered for a “highly skilled technical profile active in DS world willing to change for an opportunity.” That’s it! Those profiles are quite a few compared to the need, hence either you’re going to have the right budget, or you won’t be able to hire them; only, later on, you will realize that it’s not a good fit in your organization or the results are not in line with expectations. Not because of the person’s real skills (that by the way you have to be able to assess during the interview), not because the technology is not fitting your IT department, not because the head of the department is not able to make this person effective in his job but just because your company is unique.

    You have your processes, teams, and operational procedures already working like a swiss clock, but you probably do not have either data in the right format or data at all. Data Scientists mostly need data to work well, and you need to provide them. Ok, back to the beginning, a Data Scientist sometimes is considered a unicorn because of the skill set required for hitting the ground running and save the day and the budget.

    A data scientist needs to:

    Understand the process in which she will act and that most likely she will change Understand the business that will be the primary client demanding results Use a technology that will fit into the company’s IT department without too much disruption

    Data Scientist Sometimes Is Considered A Unicorn Because Of The Skill Set Required For Hitting The Ground Running And Save The Day And The Budget

    Be able to provide self-standing, low maintenance, high performing software solution

    Oh yes, crunch the data and create performing ML models in few times in order to be a market first mover In short, a data scientist should have a background in Math/Physics to build the model, an IT architect to turn it into a performant solution, a lean expert to review correctly the overlapping process, and a business consultant to turn a mathematical result into a business suggestion. I’m sorry if this isn’t the unicorn Wikipedia definition, but anyway looks like it’s difficult to find it; we’re back again to the beginning since you need to pay a lot for rare goods!

    The above was my fresh start in the current company! To build a data science department with very few operative knowledge about it but with big expectations in terms of results: yes, I faced all the issues I described. Since I’m still here, I probably found one of the ways to succeed. I hope you can benefit from them:

    You will most likely not find a person expert in your own business, so don’t make this blocking. You just need to have an organization flexible enough to welcome a new member, teach the basics to survive, and remove fences from other teams’ backyard.

    Your processes will need to change so accept it and do not be afraid of change; data must be collected correctly, and probably you are not doing this right unless you already have a data expert inside; results must fit into processes,and probably yours are not ready for a machine to provide them. Unless you’re a startup, your technology is probably outdated, so be ready to adopt a new one. In data science, you have two choices: Python or R. Some years ago, just one had the correct set of tools to be production-ready, and since “it works on my machine” it’s not an option; I had really just one choice and was Python. Nowadays, it’s possible that also Java, .NET, or other languages will have a surrounding framework rich enough to not start models from scratch but pay real attention to the community: you can’t afford writing all from scratch.

    Writing models (and understanding them) is surely necessary, but a background in coding with production quality is important; a suitable tradeoff is to accept lees knowledge in core data science for a good understanding of software engineering.Finally, yet importantly, the ability to explain and talk to a different audience is key in succeeding: at least one person in your geeks’ team need to have communication skills.

    Seniority is needed but not mandatory for all team members; you can grow your team in the same timeframe that a senior person will be productive in the company. Later on, you will have more effective bandwidth.

    .
    tag

    review

    Machine Learning

    Weekly Brief

    loading
    Top 5 Cognitive Solutions Companies in Hong Kong - 2023
    ON THE DECK

    I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

    Read Also

    Loading...
    Copyright © 2025 APAC CIOOutlook. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy and Anti Spam Policy 

    Home |  CXO Insights |   Whitepapers |   Subscribe |   Conferences |   Sitemaps |   About us |   Advertise with us |   Editorial Policy |   Feedback Policy |  

    follow on linkedinfollow on twitter follow on rss
    This content is copyright protected

    However, if you would like to share the information in this article, you may use the link below:

    https://cognitive.apacciooutlook.com/views/how-do-you-create-a-unicorn-if-you-cant-buy-one-nwid-8214.html