The second wave of enterprise artificial intelligence and machine learning (AI/ML) adoption is building, and is expected to crest in 2021, as many organizations increased and accelerated their investments in tools and people. That was one of the unmistakable conclusions of our 2021 enterprise trends in machine learning report: 83% of the companies we surveyed said their AI/ML budgets had increased year-over-year, and we found that the average number of data scientists they employ has increased by 76% year-over-year. These changes came even as many organizations tightened their overall spending and refocused their strategic priorities amidst all of 2020's disruption and uncertainty related to the COVID-19 pandemic. Many organizations have begun to understand just how critical ML is to remaining competitive in uncertain and rapidly evolving conditions. When we ran a separate survey during the summer of 2020 to find out how businesses adapted to the pandemic's impacts, it revealed a renewed sense of urgency around AI/ML investments: 43% of respondents said that AI/ML mattered "way more" to their business than they'd previously realized.