Many organizations actively developing their machine learning (ML) capabilities struggle to extract a return on their AI investment. One of the biggest hurdles is maintaining a growing library of machine learning algorithms and environments, which often make it impossible to properly operationalize machine learning models.
However, building a machine learning management solution is a challenge in and of itself—from unexpected complexities, development issues, and management costs to the lack of internal expertise and scalability roadblocks. Purchasing an off-the-shelf solution could be an alternative that can alleviate all of these issues.
Being successful with AI is very hard. It requires the right technology and that the technology be end to end. It requires a plan for how you’re going to realize value. Those who just buy an AI tool and don’t do their due diligence on what the tool does, or don’t create a plan, are not setting themselves up for success, or certainly not on the timeline they would like.