Machine Learning - eBook (EN)

Keys to Successful Innovation through Artificial Intelligence

Issue link: https://read.uberflip.com/i/1484611

Contents of this Issue

Navigation

Page 1 of 10

S P O N S O R P E R S P E C T I V E Artificial intelligence (AI) and machine learning (ML) have the potential to transform nearly every industry, but many organizations strule to adopt and implement AI/ML at scale. Recent Gartner research shows that only 53% of ML projects make it from prototype to production. Chief information officers and IT leaders find it hard to scale AI/ML projects because they lack the tools and talent to create and manage a production-grade AI pipeline. Data is often cited as the number one challenge. The other common barriers we see today are business- and culture-related. For instance, organizations often strule to identify the right use cases to start their ML journey, which is often exacerbated by a shortage of skilled talent to execute on an organization's ML ambitions. Business and technical leaders play a critical role in addressing these challenges by driving a culture of continuous learning and innovation; however, many lack the resources to develop their own knowledge of ML and its use cases. According to "The State of AI in 2021," McKinsey & Co.'s global survey, there are certain best practices that differentiate AI/ML high performers from those that strule to see the full value of AI/ML. On the technical front, the companies seeing the biest bottom-line impact from AI adoption are more likely to follow both core and advanced AI best practices, including ML operations, move their AI work to the cloud, and spend on AI more efficiently. In my role as leader of the Amazon Machine Learning Solutions Lab, I head a global team that helps AWS customers identify and implement their most important ML opportunities. I've been fortunate to work with some of the most innovative organizations in the world, such as the National Football League, Formula 1, Intel, and United Airlines, as they transformed their businesses through ML. I've seen the challenges of ML-led transformation firsthand and helped our customers overcome them. That's why I'm very excited to present this research from Harvard Business Review Analytic Services that not only uncovers some of the common challenges to AI/ML implementation but also offers guidance to overcome them. Dr. Priya Ponnapalli Senior Manager, Applied Science Amazon Machine Learning Solutions Lab

Articles in this issue

Links on this page

view archives of Machine Learning - eBook (EN) - Keys to Successful Innovation through Artificial Intelligence