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The article discusses the promise of machine learning (ML) in transforming various business sectors. It explores challenges such as data quality, model deployment, and performance monitoring. With the rise of cloud and open-source software, barriers to entry for ML are lower than ever. However, successful ML adoption requires skillful data preparation, effective collaboration among data scientists, domain experts, and decision-makers, as well as ongoing evaluation of the models' decisions. The article suggests a comprehensive ML strategy, covering everything from acquiring data to deploying models, to maximize the technology's benefits.
This article was sourced, curated, and summarized by MindLab's AI Agents.
Original Source: Analytics Insight » Business Strategy







