This document discusses machine learning initiatives for small companies. It outlines challenges small companies face like ensuring data quality and reducing time spent on model development. It then describes solutions implemented like cultivating a data-driven culture, focusing on data quality, enhancing data quality with additional datasets, and adopting pre-trained solutions. The conclusion states that small companies can benefit from machine learning and AI as much as larger companies.

1. Integrating Machine Learning
Initiatives in Business Strategy
for Small Companies
Linda Liu
Data Analytics & Data Science

2. Agenda
● Why Machine Learning
● Spotlight on Small Companies
● Challenges Met
● Solutions Implemented
● Conclusions

3. HYRE
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Why Machine Learning
Source: https://dailymanna.blog/

4. HYRE
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Spotlight on Small Companies

5. HYRE
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Challenges Met
Data quality and completeness
● Machine learning models cannot
distinguish between good data and
insufficient data.
● Lack of quality data can
significantly limit model
performance.

6. HYRE
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Challenges Met - cont’d
Time-consuming model
development and deployment
● Complexity from planning to
execution with multiple layers.
● Focus on experimentative
approach.

7. HYRE
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Challenges Met - cont’d
End user disconnect
● Unfamiliarity with machine
learning products.
● Gap between data scientists and
business users.

8. HYRE
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Solutions Implemented - Cultivate a Data-driven Culture
Cultivate a data-driven culture
● Facilitate data awareness and
discipline.
● Demystify data-driven decision-
making across organization

9. HYRE
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Solutions Implemented - Focus on Data Quality
Focus on data quality
● Incorporate human element in
data analysis.
● Thorough review of data for
correctness, completeness, etc.

10. HYRE
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Solutions Implemented - Secret Sauce to Enhance Quality
Secret sauce to enhance data quality
● Public dataset - traffic, weather, neighborhood
● Enriched data
● Telematics data

11. HYRE
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Solutions Implemented - Adopt Pre-trained Solutions
Source: https://upsplash.com
&
Adopt pre-trained solution in combination with in-house solutions.

12. HYRE
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Conclusions
Source: https://undraw.com
Small companies can benefit just as much from ML and
AI as bigger companies!

13. Thank You
linda@hyrecar.com
https://www.linkedin.com/in/lindachenliu/