What it is.
When you have moved beyond R&D and have repeatability and assurance to developing and implementing models you are industrializing. This does not sound too attractive to many data scientists but it is what executives are expecting.
Think of this as controls for risk, quality and productivity (i.e. costs).
If you can’t offer an industrial strength department, you will not get much attention from the executive staff.
How to industrialize will be the subject of future posts.