Machine Learning is changing the enterprise

Machine learning has arrived in the enterprise, and companies are eager to reap the competitive benefits the technology can provide. From automating processes that enable faster business operations to applying algorithms to improve accuracy, Chief Information Officers (CIOs) are
adapting the technology for a wide variety of uses—and transforming the way we work. To investigate the rise of machine learning, we worked with Oxford Economics to conduct a survey of 500 CIOs in 11 countries on three continents and across 25 industries, alongside in-depth interviews with leaders in the field. We found that CIOs are increasing their investment in machine learning, but must overcome several barriers to achieve their productivity, revenue, and innovation goals. Unless CIOs turn their attention to updating not just technology, but talent and business processes, the full value of machine learning cannot be realized.

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