Ma Foi Analytics announces that the company has managed to sneak into the list of Gartner’s Specialist midsize consultancies offering business analytics and data science services in their June 2016 report titled “Doing Machine Learning Without Hiring Data Scientists”.
Gartner in its report recommends addressing the following challenges
- Train existing staff into (citizen) data scientists — Many organizations have mathematically skilled employees without knowing it. These employees might have been math geeks since high school or are using their quantitative skills in other roles.
- Partner with academia — Many universities and colleges offer data-science-related degrees now. Students are always in need of hands-on, practical projects for their graduation. If all cutting-edge companies do it, why shouldn’t this also be of interest to mainstream companies?
- Hire third-party professionals — There are hundreds of consultancies that can provide a spectrum of assistance, from creating project ideas, early piloting, coaching and teaching of junior staff, to the fully fledged creation of managed services.
- Utilize packaged applications — These often provide superb cost-time-risk trade-offs, significantly lower the skills barrier and can provide a solution much faster than creating one from scratch.”
“We had anticipated this would be the direction of the industry a while back and hence ensured we were focused on development at the intersection of Machine Learning and Data Science as opposed to the traditional services only delivery model” said Satyakam Mohanty, CEO of Ma Foi Analytics, We agree with Gartner that organizations are still in the early phases of their data science journey and we want to work with them to ensure that at least Data Science initiatives don’t hold them back on their journey.
Ma Foi Analytics is known to be among the few Indian companies who operate in multiple markets, but focus specifically on a range of analytics and machine-learning solutions and services.