The State of AI - Accuracy is an Issue!
3 Tips for Addressing Data Management Deficiencies
A newly released report from The Harris Poll and Appen, “The State of AI and Machine Learning 2022,” underscores issues with accuracy as organizations rely on external resources for AI tech.
The report says 88% of companies are using external AI training data providers to implement solutions—making concerns about data integrity even more urgent.
Issue: 78% of companies are getting less than 80% accuracy in their AI data models.?
Tip: Partner with a data consultant with a proven track record of success. For example, Causeway Solutions has developed billions and billions of predictions and hundreds of thousands of unique consumer, patient, and voter-based audiences, simplifying the custom analytics required to execute complex, data-driven programs.
Issue: 46% of companies say that data accuracy is important but “they can work around it.”
Organizations are spending less time cleaning and prepping their data, but data management remains the biggest hurdle for AI implementation.?
Tip: Engage a data management firm that provides data warehousing solutions to identify, store and analyze data that’s critical to your organization’s mission. The right-fit data partner takes data analytics to the next level by focusing on root causes, predictive and prescriptive modeling, and metrics that will give you actionable insights.
Causeway Solutions employs a Full Stack Analytics approach—from data management, cleansing and data preparation, through analytics and execution. We help our clients to:
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Issue: 83% of companies agreed with “I wish my organization could find one single partner to support all stages of the data for the AI lifecycle.”
Tip: Too often, data scientists do not want to do the hard work required for prep.?Therefore, they spend less time preparing the work and are beginning to resign themselves that “workarounds” are acceptable.?By giving up on the upfront data management and data preparation – and accepting workarounds – they are also getting less accuracy in their models.
Causeway Solutions’ Full Stack Analytics solution offers better accuracy because of our focus on
data preparation, data management, machine learning, predictive and prescriptive modeling.
Learn more and request a Data Discovery: [email protected].
Source: “The State of AI and Machine Learning 2022,” Appen and The Harris Poll
#DataDoneRight | Better Data. Clear Analysis. Confident Decisions. | CausewaySolutions.com?
VP, Data Analytics & Strategy at Causeway Solutions, LLC
2 年“46% of companies say that data accuracy is important but “they can work around it.” … Why let the facts get in the way of a good story?!?