According to a recent survey by Rackspace Technology, from more than 1,800 organizations in a variety of industries, only 20 percent of organizations succeed in implementing machine learning strategies.
Why such small success rates? There are three key areas where companies meet challenges:
Solving problems related to data
Acquiring the right talent to perform research and deployment of machine learning solutions
Developing an AI strategy that provides value, ROI, and buy-in from executives and decision-makers
To find out more, read my latest on TechTalks, where I explore these challenges and provide some tips on how to avoid the pitfalls of designing and implementing machine learning strategies.
To learn more about the challenges of AI in real-world applications, read our series on “The business of artificial intelligence.”