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Why Most Data Projects Fail and How to Avoid It

Talkat GOTO Amsterdam 2023 · 2023-06-13..06-15· [data-visualization]
slides:none on file

Eighty-five percent of data projects fail and only 15% make production, backed by Gartner and a survey of 81 respondents, so the concrete fixes matter: use the right team ratios (5 data engineers per data scientist), pick tools for the use case not the vendor (Snowflake Databricks Spark data lake examples), aim for a demonstrable timeline and a 10x ROI target, and deliver runnable production pipelines with ops in place rather than prototypes.

AI-written summary · about

  1. 0:00Introduction
  2. 1:50Technology is only part
  3. 2:54Critical roles of data teams
  4. 6:49Defining business value
  5. 8:44Realistic timelines for value
  6. 11:32Choosing execution environment
  7. 13:18Focusing on singular goals
  8. 14:23True value of data
  9. 17:10Five key questions
  10. 19:18Inverting problems for solutions
  11. 22:50Avoiding copied architectures
  12. 24:40High versus low value teams
  13. 29:40Unified role of data science
  14. 31:05Q&A
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