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Talent gap impedes global startups and enterprises to scale in Machine Learning: study - ET CIO

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Bangalore: An in-depth study on talent in the Machine Learning (ML) space by Zinnov, a global management consulting firm, revealed that while a few startups have a had success stories in their AI (artificial intelligence)/ML journeys, there still exists a deep chasm, and most startups and global enterprises haven't been able to succeed and/or scale, their ML initiatives. The AI/ML spend is predicted to touch $400 billion by 2020, according to industry estimates. Given this, it is more important for organizations to invest in the talent that will capitalize on this niche technology. However, acquiring and retaining, the right kind of ML talent continues to remain a significant challenge for organizations. Zinnov's study explained that a large contributor to this challenge is the skewed concentration of the niche ML talent.