2X Founder & CEO @ Tensor Planet | Transforming Waste Management | MIT SMR Columnist | TEDx Speaker
What’s the biggest challenge organizations face in measuring ROI from #DataScience? It’s not the choice of right metrics, or the trouble in quantifying them. It’s not even the ambiguity in finding what really drives the numbers up. Yes, none of these are easy. But, the biggest challenge of them all is in first *making the decision* to measure ROI. It’s about taking the plunge and staying focused on ROI, through your #data journey. ?How do you track and measure ROI of your projects? #business #analytics
I am the WHY-HOW Person | Leveraging Generative AI and LLMs
4 年Minimized probability of risk for which AI or any other predictive analytics solution is built for, is in my opinion Ganes (ex. Reducing the probability of a specific customer churn through predictive analytics is something an ROI). My definition of risk is a function of probability and impact