How to build a data science and machine learning (DSML) roadmap in 2022


Market forecasts reflect enterprises' early optimism for DSML. IDC estimates worldwide revenues for the artificial intelligence (AI) market, including software, hardware, and services will grow 15.2% year over year in 2021 to $341.8 billion and accelerate further in 2022 with 18.8% growth, reaching $500 billion by 2024. In addition, 56% of global enterprise executives said their adoption of DSML and AI is growing, up from 50% in 2020, according to McKinsey. Gartner notes that organizations undertaking DSML initiatives rely on low-cost, open-source, and public cloud service provider offerings to build their knowledge, expertise, and test use cases. The challenge remains of how best to productize models to be deployed and managed at scale.

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