Ventiv Blog Data Science Models: Pre-Built, Custom, or a Hybrid?

The data science wave is swelling: The global big data analytics market, which was at $240.56 billion in 2021, is set to breach $655 billion by 2029. While it's easy to see the value of data science, it's not so easy to figure out what kind of data science model you should implement-a pre-built, custom, or hybrid system. Here's a look at how these data science solutions stack up in the context of risk management and the role RMIS software can play in helping you surf the data wave.