How Will Automation Change Enterprise Data Science? – Part 1
By dotData
According to a recent study by Dimensional Research, Over 96% of enterprise companies struggle with AI and Machine Learning (ML) projects. The reasons behind the incredibly high failure rates are numerous, but many are associated with shortages of staff, data that requires too much pre-processing to use appropriately, and a lack of understanding of the ML models on the part of business users. Organizations struggle with AI and machine learning, in large part, because projects take too long to complete, lab-generated results are often difficult to recreate in production environments, and the value derived by AI and ML projects is not clear enough. AI & Machine Learning Automation - The Solution To All Our Problems? Recently, several startups have come to market with innovative platforms designed to "automate" the process of generating machine learning models. The promise of "AutoML" as it has become known, is that by accelerating the machine-learning…