Did you know that 90% of the world’s data was created during the last two years? As information becomes the new gold, we cannot underestimate its role. That’s where data science consultants come into play, offering the latest specialized expertise to transform business strategies.

Common Data Engineering and Data Science Problems

Data engineering faces several challenges hindering progress and efficiency. Some key points include: 

1. Data Quality Issues

Poor information quality can lead to inaccurate insights and flawed decision-making. Inconsistent, incomplete, or outdated info can cause significant problems, making it crucial to have a robust data management strategy.

2. Scalability Challenges

As info volumes grow, managing them becomes more difficult. Scalability issues are pretty common these days. Thus, you should have the advanced infrastructure and expertise to handle large datasets effectively.

3. Talent Shortage

Finding reputable personnel is becoming tough these days since the demand for these professionals far exceeds supply. So, businesses often choose analytics staff augmentation instead of building their in-house expert team.

4. Integration Complexities

Integrating various data sources and ensuring they work seamlessly together is complex. It can involve significant time and effort, especially when dealing with legacy systems and diverse information formats.

5. Keeping Up with Technology

Data science keeps evolving, and new tools emerge frequently. Business owners should adapt to the latest innovations. This task can be challenging if you build your in-house team since it requires continuous training.

6. Security and Compliance

You must ensure security and compliance with regulations. Data breaches and non-compliance can have severe consequences, including financial penalties and reputational damage.

Key Benefits of Software Development Team Augmentation

Considering the growing challenges, businesses often turn to staff augmentation instead of building their teams. Indeed, this approach has many benefits.

1. Access to the Top 1% Expertise

Data science staff augmentation provides access to skilled data engineers with specialized skills. With outsourcing, you can hire narrow specialists like SCRUM masters, UX designers, or AI developers without the lengthy employment process. Augmentation companies offer some of the best world experts, ready to bring their knowledge and valuable insights to your project.

2. Flexibility and Scalability

Staff augmentation allows for flexible team scaling. You can easily add or reduce team members. When you build your existing team, you enter year-long contracts and commit to constant staff training. However, these are not outsourcing issues. With it, you can quickly onboard and offboard the personnel with exact expertise as your specific project demands change.

3. Cost Efficiency

Hiring full-time employees involves huge costs, including salaries, benefits, and training. Analytics staff augmentation helps manage these expenses by allowing you to pay for talent only when needed. Plus, staff augmentation companies often use the “time-sharing” model, enabling you to make fractional payments for costly services. It significantly reduces the cost burden.

4. Faster Project Completion

With access to skilled professionals, projects can be completed more quickly. It reduces the time to market for your data-driven solutions, providing a competitive edge. Outsourcing is good because it’s flexible and allows you to fill the skill gaps immediately.

5. Focus on Core Business

Outsourcing data science tasks lets your in-house team focus on core business activities. It improves overall productivity and ensures that your primary business functions receive their attention. Simultaneously, you can be sure that the outsourced data scientists will blend seamlessly into your process and guarantee that all the current tasks will be completed smoothly.

6. Reduced Risk

With external experts handling information-related tasks, the risk associated with data management and analysis is minimized. It ensures more reliable and accurate results.

Staff Augmentation vs. Traditional Hiring

As you can see, data science staff augmentation has varied benefits that traditional teams cannot match. But it’s not all-mighty. Let’s clarify a bit.

1. Flexibility

It’s where staff augmentation excels. It allows you to scale your team up or down based on project requirements without long-term commitments. Alternatively, traditional hiring methods require many obligations — both during the employment procedure and when an employee works for you.

2. Cost Management

The traditional hiring process involves overhead costs due to salaries, benefits, and training. Thus, when you commit to this type, you should know that the expenses are justified. Alternatively, staff augmentation allows for more efficient budget management by paying for talent only when needed. Say, you need a narrow Agile developer — you can easily hire them just for the term your business requires.

3. Speed of Onboarding

Onboarding new employees can be time-consuming, but not with staff augmentation. Outsource specialists are trained and always ready to grasp your business rules and cultural peculiarities. They will merge with your team and feel part of it for the project term.

4. Access to Talent

Finding and retaining top talent is challenging with traditional hiring. Augmentation services provide access to a broad pool of experts, ensuring you have the right skills. Besides, businesses often need specific personnel only for a restricted period. If that’s your case, staff outsourcing is just the perfect choice.

5. Administrative Overhead

Hiring full time employees involves significant administrative tasks, including payroll, benefits, and compliance management. Staff augmentation reduces this burden, allowing your HR team to focus on strategic activities.

6. Long-term Commitment

Traditional hiring requires long-term commitments. Sure the approach is good and even essential if you strive to build a fully-fledged team. However, staff augmentation is a good alternative if it’s not your aim. It offers the flexibility to engage professionals for the project’s duration and guarantee project success.

Conclusion

Data science staff augmentation will allow you to achieve data-driven success. If your business addresses common challenges and leverages the benefits of flexible staffing, it can optimize its data capabilities and drive innovation. Choose the right augmentation partner to ensure your projects are completed efficiently, on time, and within budget.

Further Reading:

Check out the essential skills needed to become a top rated data scientist.

How to start your career in Data Science and Machine Learning.