{"id":27148,"date":"2019-06-05T07:51:58","date_gmt":"2019-06-05T11:51:58","guid":{"rendered":"https:\/\/centricconsulting.com\/?p=27148"},"modified":"2023-08-31T11:52:52","modified_gmt":"2023-08-31T15:52:52","slug":"dont-get-left-behind-invest-in-machine-learning-consultants","status":"publish","type":"post","link":"https:\/\/centricconsulting.com\/blog\/dont-get-left-behind-invest-in-machine-learning-consultants\/","title":{"rendered":"Don\u2019t Get Left Behind: Invest in Machine Learning Consultants"},"content":{"rendered":"

Misconceptions about Machine Learning consultants affects your business. Staying informed allows you to move forward with confidence and intentionality.<\/h2>\n
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When we hear about the growth in the gig economy, it\u2019s often in the context of individual consumers, but the gig economy is growing for companies too. Companies are feeling more pressure than ever to reduce full-time employee commitments for work that\u2019s not in the core mission in favor of contractors, gig workers, and consultants.<\/p>\n

The pressure is even stronger when the work has an irregular demand or requires in-depth expertise.<\/strong><\/p>\n

Machine Learning and Data Science<\/a> (MLDS) are firmly in that zone for most companies. While the insights, predictions, and automation they bring can be powerful differentiators, they are still complex networks of specialized tasks done by experts who need to update their skills and tools regularly. With that said, business leaders who aren\u2019t quite sure how to work with MLDS consultants can still be reluctant to partner with them.<\/p>\n

If this describes you, read on. This article will address a few common concerns that might be keeping you from using a valuable resource.<\/p>\n

How is Machine Learning Different?<\/h2>\n

Consultants aren\u2019t typically hired for MLDS projects because the assumption is machine learning is more intimate than the typical software and data project commonly delegated to consultants.<\/p>\n

Most software and data projects use a discrete business process composed of a series of mechanical steps. In short: <\/span>data in, data processed, data out. <\/em><\/p>\n

In comparison, Machine Learning<\/a> interprets data to a degree and at a speed that the human mind cannot fathom. Machine learning is doing just that\u2014learning.<\/p>\n

It continuously evaluates ever-changing data and the many, many variables that can be taken into account by the process. It studies the interplay between variables, the previous results, and how those affect predictions. The same machine learning problem can produce markedly different results after each iteration.<\/p>\n

Common Concerns on Partnering with Machine Learning and Data Science Consultants<\/h2>\n

Hiring a consultant makes logical sense to many companies, but their leaders don\u2019t pursue consulting partnerships due to a few important concerns.<\/p>\n

We address a few of those concerns here in hopes of making partnering easier.<\/p>\n

Expense<\/strong><\/p>\n

Your expenses only increase if you also consider re-training, specialized software, and the hardware needed to keep MLDS competitive. Ultimately you will need to make a decision, but this partnership is no different than any other. Let someone else manage the complexity while you pay for what you use in smaller increments, often with greater efficiency than an employee and without the long-term costs or commitment.<\/p>\n

Intellectual Property<\/strong><\/p>\n