Cloud and Machine Learning – Deloitte On Cloud Blog

The analytical capabilities of machine learning (ML) combined with the scalability of cloud computing provide a powerful duo to achieve truly transformational changes. Currently estimated to be between $2 and 5 billion, the cloud ML market has the potential to reach $13 billion by 2025.1 This projected exponential growth is a testament to the growing confidence among executives in cloud-based ML technology to further accelerate their AI programs. Based on our analysis of Deloitte's State of AI in the Enterprise, 3rd Edition survey, published July 2020, organizations that are already implementing a cloud ML approach are more likely to recognize the potential of AI technologies to transform their organization and industry. In our recent article, "Time, technology, talent: The three-pronged promise of cloud ML," we uncovered three key findings: These cloud ML adopters are defined as respondents who stated their organization is using cloud-enabled AI along with cloud-enabled ML platforms or tools.