Companies struggle with the slow, unpredictable nature of AI projects - Help Net Security

Despite significant investment in AI, many companies are still struggling to stabilize and scale their AI initiatives, according to Dotscience. While 63.2% of businesses reported they are spending between $500,000 and $10 million on their AI efforts, 60.6% of respondents continue to experience a variety of operational challenges. This is evidenced by the fact that 64.4% of organizations deploying AI said that it is taking between seven to 18 months to get their AI workloads from idea into production, illustrating the slow, unpredictable nature of AI projects today. The State of Development and Operations of AI Applications 2019 report findings are based on a survey of 500 industry professionals. The research examines the AI maturity of businesses based on the practical business applications of machine learning, the tools and processes being used to develop, deploy and monitor machine learning models and the scalability and stability of their AI initiatives.