Report on ML in the Enterprise: How to Avoid Your Looming Machine Learning Crisis
Infinia ML recently partnered with HFS Research for a new study on the state of machine learning in enterprise organizations.
New research shows that although most enterprise organizations believe machine learning will be a core business technology within 2 years, they aren’t doing enough to prepare for the future they anticipate.
Get the full report.
A few highlights of the report:
86% of data science decision makers across the Global 2000 believe machine learning is impacting their respective industries today. Over half of respondents believe machine learning will be a core technology within 2 years; an additional third think this will happen in the next 5 years.
However, most enterprises have yet to make significant investments in ML (84% investing under $1M), have decentralized practices (8% have centralized ML functions), are running a few projects (65% are running 1 to 3 ML initiatives), and believe that only a fraction of their projects will deliver business impact.
42% already recognize they have significant skill deficiencies, particularly when shifting from traditional IT to ML and data science skills.
The study also includes several case studies, including one about our contract review work with the legal services firm Axiom.
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