With significant advancements in Data Science technologies such as Artificial Intelligence, Machine Learning & Deep Learning, opportunities are aplenty to apply them in creating real business edge. However, a recent study* by MIT Sloan has shown that only 23% of the businesses, which participated in the study, have adopted any level of machine learning automation and among them, only 5% are using it as required.
Among the multiple reasons behind this, a major one is the inability to quickly translate ideas into results - needed for executive buy-in, right funding and do large scale implementations. Kavi Global, the new age Data Analytics outfit specializing in Data Engineering & Data Science has identified ways to quicken this journey from ideas to results. They have packaged this solution-set into what they call as the "Data Science Jump-start Program". Kavi Global is located just outside of Chicago. They are a 10-year old boutique with global aspirations.
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"Our jump-start program is collaboration and a partnership. Clients bring to the table a specific idea or use case, data and the subject matter expertise. We bring to the table our data science acumen, process capabilities, infrastructure, software and project management skills. The program's process has been inspired by our wealth of experience in this area, and has been optimized for flexibility, research and experimentation, while delivering quick results. Typical deliverables include the algorithms, results, and the road map for production implementation. A typical engagement is about 3 months long and costs about $150K. We have got this down to a Data Science Factory," observes Vijitha Kaduwela, Founder & CEO of Kavi Global, when quizzed about the Program.
So, has the Jump-start Program helped clients in real-time?
"Yes, it has. In fact, it is the success of this approach that has motivated us to streamline it further and present it as the 'Jump-start Program,'" observes Rajesh Inbasekaran, VP of R&D, Kavi Global. "We have seen it helping across projects - in reducing number of sensors in industrial pipelines; in analyzing medical videos and improving process efficiency; in detecting pharmacy prescription fraud and so on - in record time frames. This proof of the pudding is already there, and it is here to stay and help clients accelerate adoption."
Kavi Global is currently offering, the assessment stage of the jump-start program at no cost, for qualifying clients. For more information: https://www.kaviglobal.com/services/implementation/data-science-services/jumpstart-program/
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*2017 Artificial Intelligence Global Executive Study and Research Project by MIT Sloan & BCG
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