Who are considered the key stakeholders in a business scenario for model relevance?

The key stakeholders in a business scenario for model relevance are those who have a direct interest in the output and impact of the models being developed. This group typically includes solution owners, marketing teams, application developers, and IT administrators.

Solution owners are essential as they define the problem space and requirements that the model needs to address, ensuring that the model aligns with business objectives. Marketing teams are stakeholders because they rely on insights generated by the model to drive strategies and decisions that impact the market positioning of products or services. Application developers are crucial as they implement and integrate the model into existing systems, facilitating its practical use within the business. Finally, IT administration plays a vital role in maintaining the system's performance, security, and data governance aspects, which are pivotal for the overall success and reliability of the model.

The other groups mentioned, such as data scientists and statisticians, while important, typically focus on the technical development and statistical validation of the models rather than being end users or decision-makers regarding the model's relevance in a broader business context. Similarly, hospital staff and patients represent a specific sector that may not encompass the full range of stakeholders needed for model relevance across different business scenarios. Cognos application developers are more specialized and would not represent the broader scope of