Why 90% of machine learning models never hit the market

Corporations are going through rough times. And I’m not talking about the pandemic and the stock market volatility. The times are uncertain, and having to make customer experiences more and more seamless and immersive isn’t taking off any of the pressure on companies. In that light, it’s understandable that they’re pouring billions of dollars into the development of machine learning models to improve their products. But there’s a problem. Companies can’t just throw money at data scientists and machine learning engineers, and hope that magic happens. The data speaks for itself. As VentureBeat reported last year, around 90 percent of…

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