Maven Insights & Solutions and Open Insights are pleased to announce they have entered into a strategic partnership, combining Maven Insights consulting experience with Open Insights world class expertise in Data strategy, BigData and AI development.

As BigData and Data analytics become cornerstones of the world’s digital transformation, there is a growing realization among companies that continued evolution requires control of their Data so that it can be utilized to raise strategic and operational efficiency.

To address the need for Data management, particularly in the post-Covid world, Maven Insights & Solutions and Open Insights will support companies through their Data journeys. The partnership will provide comprehensive solutions and services that include, but are not limited to, Data strategy development, DAAS Architecture development, Data governance, implementation of AI Intelligence, predictive analytics, Data commercialization and monetization solutions.

Considering each company’s expertise, the companies will strengthen each other to proactively serve businesses in the EMEA region and to de-risk the required Data transformation.

“We are very excited to partner with Open Insights; they are well known for their pragmatic and lean approach in creating successful AI-driven commercial initiatives. Open Insights will bring a diverse set of use cases from international markets to the Middle East to our clients’ immediate use. With localized content and affordable delivery models, we will work with Open Insights in creating value from our clients’ Data assets, be it in the form of new revenue streams or saving costs”, said M. Alper Kulak, founder and managing director of Maven Insights & Solutions.

“Partnering with Maven Insights & Solutions enables us to better serve our clients and achieve groundbreaking work. Maven Insights’ focus on growth strategy complements our mission of empowering enterprises to deploy Data-driven solutions to grow revenue from Data assets through BigData strategy. Our partnership reaffirms our work to bring AI through cutting edge and affordable Data solutions to the Middle East region,” said Dr. Usama Fayyad, chairman and founder of Open Insights.

Through this partnership, Open Insights and Maven Insights & Solutions will leverage their strong track records and combined capabilities to help serve clients with an extra edge of efficiency and innovation.

About Maven Insights & Solutions

Maven Insights & Solutions is a regional boutique management consulting firm headquartered in Dubai, the United Arab Emirates. Its management team has decades of combined expertise in developing capabilities for growing and retaining a loyal customer base. Since its inception, the firm has established a network of reputable clients and partners in the EMEA region. It has extensive experience working with and delivering value to large organizations operating in telecom, technology, government, banking, insurance, real estate development, retail, services, chemicals, e-commerce and transportation sectors.

For more information about Maven Insights & Solutions, please contact M. Alper Kulak, Founder & Managing Director

An audience member then highlighted that managers and recruitment officers are often interested in testing the analytical mindset of the candidates and inquired how they do so. Ying Li volunteered to answer and said that one way of doing this is by giving them a business problem to solve and see how they think through it. It also works if you give the candidates a chance to teach you something by explaining their thought process when they tried solving the problem. Furthermore, communication skills are of utmost importance in the Data Science field. Employers may utilize the storytelling approach, asking the candidates to narrate a problem and the outcomes. It’s a simple way to see if they like to make things simple or to complicate them.

An important concern in the field of Data Science is that it allows you to grow for a couple of years, and after that you’re just stuck in one place. It is the reason for a noticeably high attrition rate.

Another important concern in the field of Data Science was then discussed; how it allows you to grow for a couple of years or so, and after that, you’re just stuck in one place. Matt believed that it was the reason for a noticeably high attrition rate. He suggested that the best way to deal with this is by making sure there’s a clear, exciting growth path for Data scientists in a company. The employees should be able to talk to their managers about their growth rate and opportunities. In essence, Data Science is a field that offers a lot of variety in what you do. There’s so much to learn and experiment with – the process shouldn’t be repetitive. Transitioning from a small team to a larger one that handles different tasks shouldn’t be difficult if the team is agile and well-integrated.

“The industry is evolving, and with automation, Data scientists can expect to see some tasks being pushed down to less technical people. However, the challenging nature of the job won’t change. No matter how much the technological world advances, machines can never learn the art of critical thinking.”

Towards the end, Amy talked about how a regulatory environment may stop Data scientists from using some modern tools that they think they should use. Even in such a case, she believes that the Data Science job doesn’t have to be boring. You can, and you must follow the rules while working on modeling parts, but it doesn’t mean you can’t get creative with Data interpretation. Matt commented that the industry is evolving, and with automation, Data scientists can expect to see some tasks being pushed down to less technical people. However, the challenging nature of the job won’t change. No matter how much the technological world advances, machines can never learn the art of critical thinking.