451 Research announced its Voice of the Enterprise (VoTE): AI
& Machine Learning - Adoption, Drivers and Stakeholders 2018 survey results
today that suggest most organizations are adopting or considering adopting
machine learning due to its benefits, rather than with the intention to cut
people's jobs.
Despite being new, there is a healthy amount of adoption of these
technologies already. Almost 50% of survey respondents have deployed or plan to
deploy machine learning in their organizations within the next 12 months.
According to Nick Patience, founder and research vice president for software at
451 Research, this paints a more realistic picture of machine learning adoption
than is often portrayed.
"Out of many possible benefits we presented to our survey respondents,
almost half (49%) cited gaining competitive advantage as the most significant
benefit they have received from the technology. Improving the customer
experience came a close second, cited by 44% of respondents. Despite all the
hype around mass job losses, lowering costs was cited by only a quarter of our
survey respondents," he said. "We think this demonstrates that AI and
machine learning is an omni-purpose technology that can bring numerous benefits
to organizations, beyond just lowering costs through increased
automation."
Alternatively, respondents say the most significant benefit they have
realized or expect to realize are competitive advantages (49%) and an improved
user experience for their customers (44%). This seems to indicate that
decision-makers care more about the long-term impact that comes from gaining
and retaining customers rather than a short-term fix that comes from cutting
costs.
There are some barriers, however. When asked "what is your
organization's most significant barrier to using machine learning?" most
cited a shortage of skilled resources as the top barrier (36%).
Skilled resources in the context of machine learning usually means data
science skills. And a lack of those skills is reinforced further by the finding
that data access and preparation is the second biggest barrier cited by survey
respondents.
451 Research expects the lack of skills to
gradually decline as a barrier as tools become easier to use and the population
of users who can leverage machine learning expands. When all is said and done,
organizations large and small will need more personnel to ensure their machine
learning deployment brings the business benefits that matter most. To find out
more about what respondents believe the macro and micro impact AI and machine
learning will have on society and their organizations, check out
this blog post by Nick Patience on the 451 Research blog.