Real-Time Machine Learning: Why It's Vital and How to Do It « Machine Learning Times

This article is sponsored by IBM. SUMMARY: Organizations often miss the greatest opportunities that machine learning has to offer because tapping them requires real-time predictive scoring. In order to optimize the very largest-scale processes – which is a vital endeavor for your business – predictive scoring must take place right at the moment of each and every interaction. The good news is that you probably already have the hardware to handle this endeavor: the same system currently running your high-volume transactions – oftentimes a mainframe. But getting this done requires a specialized leadership practice and strong-willed change management. Heed this warning: The greatest opportunities with machine learning are exactly the ones that your business is most likely to miss. To be specific, there's massive potential for real-time predictive scoring to optimize your largest-scale operations. But with these particularly high stakes comes a tragic case of analysis paralysis.