2
Machine learning is quickly becoming a fundamental
building block of business operations, providing
real impact such as improved processes, increased
efficiency, and accelerated innovation. Advances
in machine learning technology have combined
with high-performance compute options and an
abundance of data to create a perfect storm to
transform organizations of all sizes.
For enterprise leaders, the need to embrace machine learning capabilities is
immediate. Gartner forecasts that AI-derived business values are projected
to reach $3.9 trillion in 2022.
1
As enterprises accrue data from numerous
sources—ranging from customer feedback and sales logs to internal
processes and financial forecasting—there is an opportunity to operationalize
this often "dark data" into insights that can create new revenue streams.
INTRODUCTION TO MACHINE LEARNING
2
63%
of respondents report revenue
increases in the business units where
their companies use AI
2
1
Petty, C., & van der Meulen, R. (Eds.). (2018, April).
2
https://www.mckinsey.com/featured-insights/artificial-intelligence/global-ai-survey-ai-proves-its-
worth-but-few-scale-impact