NASHUA, NH, August 30, 2021 - Dresner Advisory Services today published the 2021 Data Science and Machine Learning Market Study, part of its Wisdom of Crowds series of research. Data science and machine learning technologies include statistics, modeling, machine learning, and data mining used to analyze facts to make predictions about future or otherwise unknown events.
The 7th annual report examines end user deployment and trends around data science and machine learning (DS/ML). According to the report, the category of machine learning, data mining, advanced algorithms, and predictive analytics ranks 20th out of the 44 technologies and initiatives strategic to business intelligence in 2021. Current deployment of DS/ML is modest with current use at 39 percent, and steadily gaining traction over time.
“The perceived importance of data science and machine learning correlates with organizational success with BI, with users that self report as completely ... continued