How machine learning’s greatest potential is driving revenue in the enterprise

Enterprise investments in machine learning will nearly double over the next three years, reaching 64% adoption by 2020. International Data Corporation (IDC) is forecasting spending on artificial intelligence (AI) and machine learning will grow from $8B in 2016 to $47B by 2020. 89% of CIOs are either planning to use or are using machine learning in their organizations today. 53% of CIOs say machine learning is one of their core priorities as their role expands from traditional IT operations management to business strategists. CIOs are struggling to find the skills they need to build their machine learning models today, especially in financial services.