Almost Half of All Companies Have Deployed Machine Learning

If you're concerned (or super excited) about machine learning (ML) becoming mainstream, a recent survey by Oxford Economics on behalf of human resources (HR) and IT asset management company ServiceNow should pique your interest. The report, which surveyed 500 Chief Information Officers (CIOs) in 11 countries and across 25 industries, found that 49 percent of the companies are already using ML to improve traditional business processes. Of the 500 CIOs surveyed, 200 said they're already beyond the pilot stage and have begun deploying ML in some capacity. CIOs are hoping to limit user error and errors in judgement by introducing automation. Almost 70 percent of CIOs said decisions made by machines will be more accurate than those made by humans.