Pandemic provides boost to AI and ML adoption

Companies are planning to increase their spending on AI/ML as a result of the pandemic, and many have realized that those initiatives should have been a higher priority for their organizations all along. A new survey of enterprise IT leaders from Algorithmia, a provider of ML operations and management solutions, shows that 91 percent of respondents were spending at least $1,000,000 annually on AI/ML prior to the pandemic, and 50 percent say they are planning to spend more than that going forward. While 65 percent of survey respondents say that AI/ML projects were at or near the top of their… [Continue Reading]