Industry executives and experts share their predictions for 2022. Read them in this 14th annual VMblog.com series exclusive.
4 AI/ML Trends to Watch
By Brian Bartell, Ph.D. | VP - AI &
Machine Learning at Conga
Artificial intelligence (AI) and machine learning
(ML) may feel like newer technologies to some, often used as buzzwords or part
of the overall conversation related to ‘digital transformation.' However, those
closer to AI/ML and its development know that this technology is far from new.
And it has been providing real, practical value to customers for several years.
As someone who has been "doing ML" for a
couple of decades, it has been astonishing to see how these technologies have
evolved and advanced over time. While there is still maturation ahead of us, AI
and ML are ‘emerged' technologies rather than ‘emerging.'
Companies are also realizing the benefits of
these emerged technologies, and prioritizing AI and ML in their growth
strategies as a result. According to data from Accenture, 84
percent of business executives believe they need to use AI to achieve their
growth objectives. However, 76 percent acknowledge that they struggle with how
to scale AI across their business.
The data proves that business executives will
continue to leverage AI and ML, but there's still room for improvement in terms
of how they apply it and use it effectively at scale. For C-Suite executives
and those looking to prioritize these emerged technologies in the New Year,
here are the four predictions I have specific to AI and ML:
1. The democratization of ML will continue to impact enterprises
The democratization of AI/ML is a major trend
that will have a significant impact on enterprises and the kinds of solutions
being delivered to customers.
In the past, ML was practiced by a select few.
For instance, business leaders would have an individual from their IT
department dedicated to AI/ML and have no additional visibility into the
technology. To paint a better picture of what I mean: ML was ‘magic practiced by
highly trained wizards' and would just ‘appear' for an organization. But now,
ML is transitioning to become a tool in every engineer's and product manager's
toolbelt, as well as a tool for customer support and other allied roles.
In the future, ML will be a common way to
solve computational problems, accessible to most product professionals in the
company. AI and ML will continue to have an impact for those in the financial
services, insurance, healthcare, telecommunications industry and more. To list a
few benefits: AI and ML can personalize customer experiences, allow enhanced
insight into customer behavior and improve risk analysis.
As more people understand ML and can deliver
it themselves, the applications will be more successful across an entire organization.
2. IT leaders will call for better platform support
As the democratization of ML moves this
technology into many hands across an organization, there will need to be better
platform support. A framework must be in place to ensure the success of the "ML
everywhere" approach that companies are executing on.
Furthermore, as the variety of those
contributing to an ML solution continues to grow, the platforms will not only
need to support heterogenous ML technologies, but a true diversity of skill
sets. However, deploying and managing that diversity is a challenge that has
yet to be solved, so we can expect the call for better platform support to only
increase in 2022.
3.
Data availability and security will be a driving concern for CIOs
With the rise of cybersecurity and stringent
data quality requirements within an organization, it's no surprise that data
availability and security will continue to be a driving concern for CIOs and IT
decision-makers.
As data is central to AI/ML practices, there
will continue to be a focus on improving data quality to drive better
supervised models and an emphasis on metadata so existing data can be reused on
new problems in automated or semi-automated ways.
We can expect organizations to go to lengths
to ensure data is high-quality, secure and available for use.
4.
DevOps will get more complicated
DevOps is getting more complicated with the
addition of Machine Learning to the stack, especially for those in IT and IT
decision-maker roles. As DevOps combines software development with IT
operations, the integration of ML is muddying the waters. "MLOps" is the new
moniker, however, there is nowhere near a ‘best practice' for the addition of
this technology in the stack.
"MLOps" can also be challenging due to the
complexity of its data. While DevOps focuses primarily on software and code
(and processes around that code), an ML model is created from both software and
data. Therefore, different models can be created as the data changes, even if
the software doesn't change. As this data can be large and dynamically
changing, it can add a layer of complexity to managing all artifacts within a
model.
With their different facets, DevOps and ML are
inherently different. However, the synergy of the two can ensure success for an
organization. IT leaders will be tasked with determining the most effective way
that DevOps and ML can intersect.
For businesses already implementing AI and ML,
or looking to apply these technologies, it's important to keep a pulse on the
trends affecting these areas. As we look ahead to the New Year, business leaders
should take note of these key themes and the impact they will have on their
business operations.
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ABOUT THE AUTHOR
Brian Bartell, PhD, is a text analytics and
machine learning specialist, accomplished software professional, and
entrepreneur. He thrives simultaneously as an executive leader and strategist,
and also as a hands-on innovator in advanced technology. He has founded, or as
CTO has been instrumental in the growth of, a variety of successful technology
startups. This includes: Contract Wrangler Inc (legal analytics), Notiora Inc
(text analytics in life sciences and travel), Covario Inc (search engine
analytics), ContentScan Inc (academic meta-search), and GeneCraft (gene cloning
analytics). Brian's doctorate is in Computer Science from UC San Diego
specializing in learning algorithms for natural language processing.