In this episode of The Data Standard, host Darren Kaplan discusses frontier vs. laggard companies in the ML space with Vin Vashishta, Data Scientist & Author.
We can divide all businesses into two groups based on how they tackle disruptions – frontier and laggard companies.
Frontier’s business model is a transit-competitive one. These businesses go from technology to technology and implement each of them to improve and streamline business processes and use the information to fuel data-driven decision making.
This adaptive approach enables them to take advantage of disruptions and capitalize on them. It makes them future-proofed and creates a dynamic atmosphere driven by intelligent survival business instincts.
Laggard companies, on the other hand, are built to make ends meet. These companies look at technologies as an expense rather than as an investment and opportunity. Unfortunately, it makes their future uncertain, with shareholders often deciding to opt for either acquisition or merger.
Frontier and laggard companies act entirely differently in the ML space.
Do you want to discover the effects ML space has on them?
Tune in with Darren Kaplan and Vin Vashishta and hear all about frontier vs. laggard companies in the ML space.