A Step By Step Guide To AI Model Development - DataScienceCentral.com

In 2019, Venturebeat reported that almost 87% of data science projects do not get into production. Redapt, an end-to-end technology solution provider, also reported a similar number of 90% ML models not making it to production. However, there has been an improvement. In 2020, enterprises realized the need for AI in their business. Due to COVID-19, most companies have scaled up their AI adoption and increased their AI investment.