The ROI of Machine Learning in Business: Expert Consensus

Unlike other components to an enterprises' technology mix, determining the ROI of machine learning is a less-than-obvious process, particularly when solutions are new and little by way of case studies or benchmarks exist. While we're far from a world where SMBs (small- and mid-sized businesses) outside of Silicon Valley integrate AI into their regular operations, we will undoubtedly see an explosion of novel uses in industry and enterprise over the next 5 to 10 years, and executives are rightly concerned with how to make the most of those technology, time, and staffing decisions. If you're a business who's new to the machine learning scene (and that's a vast majority), there are more burning questions than answers at present. "What are the criterion needed for a company to derive maximal value from the application of machine learning in a business problem?" Tapping into our hundreds of interviews (on our podcast and otherwise), as well as reaching out to other experts in the field, allowed us to glean valuable insight from researchers and executives across the globe.