For the vast majority of the use cases, 69%, the key value of machine learning is to improve performance beyond that provided by traditional analytic techniques. And, in the remaining 15% of cases, machine learning provided limited additional performance over existing analytical methods.
via CIO Journal
You don’t have to be a clairvoyant to recognize that agriculture is undergoing rampant digitalization. Automation is as inevitable as the tasting of the forbidden fruit. The promises of technology are too seductive, and the lure of greater efficiency all too tempting.
Overall, the INSEAD survey showed the transformational nature of different digital technologies. Companies have a variety of options to deal with the impact of technologies on their business models: partnerships, corporate board engagement and start-up accelerators.
Hundreds of millions of Facebook users are likely to have had their private information harvested by companies that exploited the same terms as the firm that collected data and passed it on to Cambridge Analytica, according to a new whistleblower.
via The Guardian
According to the latest worldwide market study by Juniper Research, global retailer spending on AI will reach $7.3 billion per year by 2022 — that’s up from an estimated $2 billion in 2018, as retailers target new avenues to increase personalization of the customer experience.
A worldwide survey of organizations by Gartner showed that 91 percent of organizations have not yet reached a transformational level of maturity in enterprise data and analytics — despite this area being a number one investment priority for CIOs and CTOs in recent years.
According to the latest worldwide market study by 451 Research, enterprise IT leaders are embracing a new model of off-premises, service-oriented IT solutions and will be harnessing data in new ways to differentiate themselves in 2018.