In a recent survey conducted by MIT Technology Review partnered by Google they have found that 50% of implementers of machine learning can quantify ROI from their investment, and half of them at an early stage.
Based on the projects we have done using these methods, I can back those figures, and would say that the numbers might even be higher, probably since most of our customers are business and not non profit organizations.
What does this mean? It means that there are great opportunities out there for those that are aware, and explore the possibilities. I’m not saying that all projects will lead to great success, nor that any problem can be solved using these methods, but having a problem you can solve based on data, and the data stored somewhere in a digital format, give it a try. If you don’t have the experience or knowledge to test it for your self, reach out to us and we can help guide you.