Anyone who has been following the news on AI in 2022 knows of the high rate of AI project failures. Somewhere between 60-80% of AI projects are failing according to different news sources, analysts, experts, and pundits. However, hidden among all that doom and gloom are the organizations who are succeeding. What are those 20%+ of organizations doing that are setting themselves apart from the failures, leading their projects to success?
Surprisingly, it has nothing to do with the people they hire or the technology or products they use. Indeed, many of the successful AI companies are using the same products and services from the same vendors that the companies with AI project failures are using. Likewise, the organizations with high rates of AI success dont have some magical team of data science or machine learning unicorns that somehow possess mysterious skills. Many of these successful AI organizations have the same skill sets that the average organization has. So if its not team and technology, what could it be?
Stop Treating your AI Projects like App Dev Projects
One of the biggest insights from these AI successes is that they dont see AI projects as application development or functionality-driven projects. Rather, they see them as data projects, or sometimes even data products. A data project doesnt start with an idea of what the functionality needs to be, but rather focuses on what insights or actions need to be gleaned from the data in whatever current shape its in.
It might seem somewhat obvious to many that AI projects are data projects, but perhaps the AI failures need to understand this at a greater level of detail. What makes an AI system work isnt specific code, but rather the data. The same algorithms with the same code can be used to generate text, recognize images, or have conversations the functionality is determined by the training data and the configuration of the system. Therefore, to achieve the desired outcome of an AI project requires focus on data iteration and data-centric methods versus coding-centric methods.
More specifically, the code for a facial recognition application doesnt actually do facial recognition, but rather the code just sets up the data to train the model and then execute the model once its trained. The data determines the functionality when it comes to AI and ML projects. So, if you are supposed to run AI projects as data projects, why are people still making the mistake of throwing developer-focused methods and approaches at what clearly doesnt have much to do with development?
Agile is Dead. Long live Agile.
The most popular methodology for application development is Agile, which focuses on short, iterative sprints tied to the immediate needs of the business user versus long development cycles. However, Agile falls flat when dealing with AI because it doesnt tell you how to deal with data, the core asset of an AI system.
Another approach is the Cross-Industry Standard Process for Data Mining (CRISP-DM), a decades old method that guides data mining efforts. However, its particularly focused on data projects and lacks some critical elements needed for AI projects, and hasnt been updated in over two decades. There have been other data-centric approaches, but they dont provide detail on how to run and manage data-centric projects, but they dont tell you how to deal with the specific requirements of AI model training and iteration, and they havent been built for Agile. This leads AI project managers to struggle with the right approach to run an AI project. No wonder so many AI organizations are making up their own approaches and failing so much at it.
CPMAI Methodology
CPMAI Methodology updates CRISP-DM with Agile and AI-specific details
The alternative to Agile is the waterfall methodology that has been around for decades. Like a waterfall, you can begin your project by designing your application, building your application, testing to make sure the application meets the criteria you built for and then deploying the application. The problem with waterfall is, especially for large and continuously changing projects, this process can take a very long time - sometimes upwards of 18-24 months. During this time the project requirements may change, new technology is created, or business needs may evolve past the original scope. This reality of waterfall is what led to the development of Agile as a more iterative approach. However, while Agile has been very successful for software development projects, if you try to use agile alone on data projects youre going to run into problems.
Take an AI-enabled chatbot for example. With each iteration the functionality doesnt change, its still a chatbot. The new iterations might change the number of words it can understand, add the ability to converse in new languages or increase the accuracy of the model but the functionality of the chatbot remains the same; it is still just a chatbot. Unlike with software projects where it may take twenty iterations to even get to the first functionality iteration of your model, AI projects have that functionality from the beginning. Therefore, you also need a data centric methodology to apply.
Taking the right approach to AI project Management
So if Agile doesnt work well, but we cant apply waterfall, and if CRISP-DM doesnt have what we need, what approaches are successful AI practitioners using? A hybrid of these approaches, of course! Agile and data centric methodologies do not compete, but rather they run on different timelines. The agile and data centric methodologies focus on different iterations. The data centric methodology focuses on the data, the agile methodology focuses on the functionality and they run together.
Agile doesnt tell you how to do things like data preparation, how to understand the data you have or need, how to build a model, retrain a model, and other critical functions of AI projects. This is why having a data centric methodology, going through specific steps in the correct order, and asking these questions in the beginning is essential. Approaches such as the Cognitive Project Management for AI (CPMAI) methodology are blending data-centric approaches with agile methods to produce methods that are more optimized for the highly data-centric, variable nature of AI projects.
Other project management methods have been tested in the space such as Microsofts Team Data Science Process (TDSP) and IBMs iteration on CRISP-DM. However, many organizations have been reluctant to adopt vendor-originated methodologies and turned to vendor-neutral approaches. Regardless of the approach used, whether its CPMAI, CRISP-DM with agile enhancements, TDSP, or others, what is setting apart the successes from the failures is, as Louis Armstrong used to say, its not what you do, its the way that you do it. Perhaps as these successes see more publicity, well see a resurgence in interest in methodology to drive AI projects forward with success.
More here:
The One Practice That Is Separating The AI Successes From The Failures - Forbes
- Electric Vehicles for Construction, Agriculture and Mining Market 2020 | In-Depth Study On The Current State Of The Industry And Key Insights Of The... [Last Updated On: November 11th, 2020] [Originally Added On: November 11th, 2020]
- Robotic process automation market Business Opportunities and Future Strategies with Major Vendors | Celaton Ltd., Redwood Software, Uipath SRL, Verint... [Last Updated On: November 11th, 2020] [Originally Added On: November 11th, 2020]
- Tissue Expander Market: Projected To Witness Vigorous Expansion By 2020 2026 | Sientra, Inc.; GC Aesthetics; KOKEN CO.,GROUPE SEBBIN SAS -... [Last Updated On: November 11th, 2020] [Originally Added On: November 11th, 2020]
- Insulation Coating Market: Report Offers Intelligence And Forecast Till 2020 2027 | Sharpshell Industrial Solution, The Dow Chemical Company -... [Last Updated On: November 11th, 2020] [Originally Added On: November 11th, 2020]
- Surgical Snare Market: Size, Analytical Overview, Growth Factors, Demand, Trends And Forecast To 2020 2026 | CONMED Corporation, Cook, Medline... [Last Updated On: November 11th, 2020] [Originally Added On: November 11th, 2020]
- Edge Data Center Market Trends And Opportunities By Types And Application In Grooming Regions; Edition 2020-2026 - Zenit News [Last Updated On: November 11th, 2020] [Originally Added On: November 11th, 2020]
- Data Warehousing Market is Expected to Grow at an active CAGR by Forecast to 2028 - Zenit News [Last Updated On: November 11th, 2020] [Originally Added On: November 11th, 2020]
- Artificial Intelligence in Big Data Analytics and IoT Markets, 2025 - AI Makes IoT Data 25% More Efficient and Analytics 42% More Effective for... [Last Updated On: November 11th, 2020] [Originally Added On: November 11th, 2020]
- Lifesciences Data Mining And Visualization Market 2020 | Forecast to 2027 with Focusing on Major Players - TechnoWeekly [Last Updated On: November 11th, 2020] [Originally Added On: November 11th, 2020]
- United States Electronics Health Records (EHR) Market Outlook and Forecast 2020-2025 with In-depth Analysis and Data-driven Insights on the Impact of... [Last Updated On: November 11th, 2020] [Originally Added On: November 11th, 2020]
- Feature selection and risk prediction for patients with coronary artery disease using data mining - DocWire News [Last Updated On: November 11th, 2020] [Originally Added On: November 11th, 2020]
- Global Lifesciences Data Mining and Visualization Market 2020 Analysis, Types, Applications, Forecast and COVID-19 Impact Analysis 2025 - The Daily... [Last Updated On: November 11th, 2020] [Originally Added On: November 11th, 2020]
- Data Mining Tools Market Growth Prospects, Key Vendors, Future Scenario Forecast 2027 IBM Corporation, SAS Institute Inc., RapidMiner, Inc., KNIME AG,... [Last Updated On: November 11th, 2020] [Originally Added On: November 11th, 2020]
- Data Mining Tools Market A Latest Research Report to Share Market Insights and Dynamics to 2028 - TechnoWeekly [Last Updated On: November 11th, 2020] [Originally Added On: November 11th, 2020]
- Global Data Mining Software Market 2020 | Know the Companies List Could Potentially Benefit or Loose out From the Impact of COVID-19 | Top Companies:... [Last Updated On: November 11th, 2020] [Originally Added On: November 11th, 2020]
- Transaction monitoring: Poor data highlights need to invest in tech - Euromoney magazine [Last Updated On: November 16th, 2020] [Originally Added On: November 16th, 2020]
- Sensyne Health agreement with Somerset NHS Foundation Trust helps business achieve a major landmark - Proactive Investors UK [Last Updated On: November 16th, 2020] [Originally Added On: November 16th, 2020]
- How TikTok could be used for disinformation and espionage - CBS News [Last Updated On: November 16th, 2020] [Originally Added On: November 16th, 2020]
- Social app Parler apparently receives funding from the conservative Mercer family - The Verge [Last Updated On: November 16th, 2020] [Originally Added On: November 16th, 2020]
- Biological Data Visualization Market Analysis, COVID-19 Impact,Outlook, Opportunities, Size, Share Forecast and Supply Demand 2021-2027|Trusted... [Last Updated On: November 22nd, 2020] [Originally Added On: November 22nd, 2020]
- The Weirdest Objects in the Universe | Space - Air & Space Magazine [Last Updated On: November 22nd, 2020] [Originally Added On: November 22nd, 2020]
- Epiroc introduces the RCS 4.20 Rig Control System for Pit Viper rigs - MINING.com [Last Updated On: November 22nd, 2020] [Originally Added On: November 22nd, 2020]
- Operating Systems Market Overview, Development by Companies and Comparative Analysis by 2026 - Cheshire Media [Last Updated On: November 22nd, 2020] [Originally Added On: November 22nd, 2020]
- Feed Binders Market Segments by Product Types, Manufacturers, Regions and Application Analysis to 2026 - The Think Curiouser [Last Updated On: November 22nd, 2020] [Originally Added On: November 22nd, 2020]
- Advanced Analytics Market Analysis, COVID-19 Impact,Outlook, Opportunities, Size, Share Forecast and Supply Demand 2021-2027|Trusted Business Insights... [Last Updated On: November 22nd, 2020] [Originally Added On: November 22nd, 2020]
- Data Center Infrastructure Market 2026 Growth Forecast Analysis by Manufacturers, Regions, Type and Application - The Daily Philadelphian [Last Updated On: November 22nd, 2020] [Originally Added On: November 22nd, 2020]
- Fog Computing Market Report Aims To Outline and Forecast , Organization Sizes, Top Vendors, Industry Research and End User Analysis By 2026 - Cheshire... [Last Updated On: November 22nd, 2020] [Originally Added On: November 22nd, 2020]
- Global Trend Expected to Guide Data Center Colocation Market from 2020-2026: Growth Analysis by Manufacturers, Regions, Type and Application - PRnews... [Last Updated On: November 22nd, 2020] [Originally Added On: November 22nd, 2020]
- Cybercrime To Cost The World $10.5 Trillion Annually By 2025 - GlobeNewswire [Last Updated On: November 22nd, 2020] [Originally Added On: November 22nd, 2020]
- Peloton Collaborates with Sfile Technology | Texas | tylerpaper.com - Tyler Morning Telegraph [Last Updated On: November 22nd, 2020] [Originally Added On: November 22nd, 2020]
- Global Wireless Charger Market 2026 Trends Forecast Analysis by Manufacturers, Regions, Type and Application - The Daily Philadelphian [Last Updated On: November 22nd, 2020] [Originally Added On: November 22nd, 2020]
- EHR market expected to grow 6% per year through 2025 - Healthcare IT News [Last Updated On: November 22nd, 2020] [Originally Added On: November 22nd, 2020]
- Gordon Bell Prize Winner Breaks Ground in AI-Infused Ab Initio Simulation - HPCwire [Last Updated On: November 22nd, 2020] [Originally Added On: November 22nd, 2020]
- Lifesciences Data Mining and Visualization Market: Global Industry Analysis and Opportunity Assessment 2016-2026, Tableau Software,SAP SE,IBM,SAS... [Last Updated On: November 22nd, 2020] [Originally Added On: November 22nd, 2020]
- Data Mining Tools Market Includes Important Growth Factor with Regional Forecast, Organization Sizes, Top Vendors, Industry Research and End User... [Last Updated On: November 22nd, 2020] [Originally Added On: November 22nd, 2020]
- Lifesciences Data Mining And Visualization Market jump on the sunnier outlook for growth despite pandemic - The Think Curiouser [Last Updated On: November 22nd, 2020] [Originally Added On: November 22nd, 2020]
- Data Mining Software Market 2020 to Global Forecast 2023 By Key Companies IBM, RapidMiner, GMDH, SAS Institute, Oracle, Apteco, University of... [Last Updated On: November 22nd, 2020] [Originally Added On: November 22nd, 2020]
- Plant-Based Meat Market with Latest Research Report And Growth By 2026 Market Analysis, Size, Share, Trends, Key Vendors, Drivers And Forecast - The... [Last Updated On: November 28th, 2020] [Originally Added On: November 28th, 2020]
- STREAMING ANALYTICS MARKET OVERVIEW: SIZE, SHARE AND DEMAND IN UPCOMING DECADE The Courier - The Courier [Last Updated On: November 28th, 2020] [Originally Added On: November 28th, 2020]
- Portable Fire Extinguisher Market (COVID-19 Analysis): Indoor Applications Projected to be the Most Attractive Segment during 2020-2026 - The Courier [Last Updated On: November 28th, 2020] [Originally Added On: November 28th, 2020]
- BIG DATA AND BUSINESS ANALYTICS MARKET ADVANCED TECHNOLOGY AND NEW INNOVATIONS BY 2026 IBM, ORACLE, MICROSOFT, SAP The Market Feed - The Market Feed [Last Updated On: November 28th, 2020] [Originally Added On: November 28th, 2020]
- Insights on the Oil Condition Monitoring Global Market to 2027 - Strategic Recommendations for New Entrants - Benzinga [Last Updated On: November 28th, 2020] [Originally Added On: November 28th, 2020]
- Insights on the Adaptogens Global Market (2020 to 2027) - Strategic Recommendations for New Entrants - PRNewswire [Last Updated On: November 28th, 2020] [Originally Added On: November 28th, 2020]
- These 2 IPO Stocks Are Crushing the Stock Market on Wednesday - The Motley Fool [Last Updated On: November 28th, 2020] [Originally Added On: November 28th, 2020]
- Playout solutions market Competitive Analysis, Key Companies and Forecast Harmonic, Inc., SES SA, Grass Valley Canada, Evertz, BroadStream Solutions,... [Last Updated On: November 28th, 2020] [Originally Added On: November 28th, 2020]
- Graph Database Market To Witness Astonishing Growth 2027 || TIBCO Software Inc., Franz Inc, OpenLink Software, TigerGraph, MarkLogic Corporation,... [Last Updated On: November 28th, 2020] [Originally Added On: November 28th, 2020]
- Major Chinese Tech Company Baidu Caught Mining Private User Data Through Android Apps - Digital Information World [Last Updated On: November 28th, 2020] [Originally Added On: November 28th, 2020]
- After 27 million drivers license records are stolen, Texans get angry with the seller: the government - The Dallas Morning News [Last Updated On: November 28th, 2020] [Originally Added On: November 28th, 2020]
- 6th International Online Conference on Fuzzy Systems and Data Mining (FSDM 2020) held at Huaqiao University - India Education Diary [Last Updated On: November 28th, 2020] [Originally Added On: November 28th, 2020]
- Data Mining Tools Market: Industry Analysis, Size, Share, Growth, Trend And Forecast 2018 2028 - Cheshire Media [Last Updated On: November 28th, 2020] [Originally Added On: November 28th, 2020]
- Tracking H1N1pdm09, the Hantavirus, and G4 EA H1N1 w/ Data Mining - hackernoon.com [Last Updated On: November 28th, 2020] [Originally Added On: November 28th, 2020]
- Mining Tire Market: Qualitative analysis of the leading players and competitive industry scenario | Bridgestone, Michelin, Titan Tire, Chem China,... [Last Updated On: December 3rd, 2020] [Originally Added On: December 3rd, 2020]
- Micro Mobile Data Center Market Capacity, Production, Revenue, Price and Gross Margin, Industry Analysis & Forecast by 2026 - The Market Feed [Last Updated On: December 3rd, 2020] [Originally Added On: December 3rd, 2020]
- Impact Of Covid 19 On Telecom Analytics 2020 Industry Challenges Business Overview And Forecast Research Study 2026 - The Courier [Last Updated On: December 3rd, 2020] [Originally Added On: December 3rd, 2020]
- Personal data protection is essential to fully capitalise on the benefits of India's digital revolution: Cyble - PR Newswire India [Last Updated On: December 3rd, 2020] [Originally Added On: December 3rd, 2020]
- Making the most of your packaging line - Food & Drink Business [Last Updated On: December 3rd, 2020] [Originally Added On: December 3rd, 2020]
- Electro Diesel Locomotive Market Trends, Innovation, Growth Opportunities, Demand, Application, Top Companies and Industry Forecast 2027 | CRRC,... [Last Updated On: December 3rd, 2020] [Originally Added On: December 3rd, 2020]
- Edge Computing Market : Overview Report by 2020, Covid-19 Analysis, Future Plans and Industry Growth with High CAGR by Forecast 2026 - The Courier [Last Updated On: December 3rd, 2020] [Originally Added On: December 3rd, 2020]
- Data Analytics Outsourcing Market 2020 Top Emerging Trends Impacting the Growth Due to COVID19 and In-Depth Compitative Intelligence - Murphy's Hockey... [Last Updated On: December 3rd, 2020] [Originally Added On: December 3rd, 2020]
- Making it Real: Effective Data Governance in the Age of AI - Datanami [Last Updated On: December 3rd, 2020] [Originally Added On: December 3rd, 2020]
- Yield10 Bioscience Researcher Dr. Meghna Malik to Present at the 4th CRISPR AgBio Congress 2020 Virtual Event - GlobeNewswire [Last Updated On: December 3rd, 2020] [Originally Added On: December 3rd, 2020]
- The Solution Approach Of The Great Indian Hiring Hackathon: Winners' Take - Analytics India Magazine [Last Updated On: December 3rd, 2020] [Originally Added On: December 3rd, 2020]
- Mining Software Market 2020-2026: COVID-19 Impact and Revenue Opportunities after Post Pandemic - Murphy's Hockey Law [Last Updated On: December 3rd, 2020] [Originally Added On: December 3rd, 2020]
- Data Quality Tools Market 2026 Growth Forecast Analysis by Manufacturers, Regions, Type and Application - The Market Feed [Last Updated On: December 3rd, 2020] [Originally Added On: December 3rd, 2020]
- Rising Uptake of Big Data Analytics Software for Business to Propel Big Data and Business Analytics Market Wall Street Call - Reported Times [Last Updated On: December 3rd, 2020] [Originally Added On: December 3rd, 2020]
- HPE, a touchstone of Silicon Valley, moving headquarters to Houston to save costs, recruit talent - San Francisco Chronicle [Last Updated On: December 3rd, 2020] [Originally Added On: December 3rd, 2020]
- Several Robinhood Favorites See Selling Pressure on Wednesday - TheStreet [Last Updated On: December 3rd, 2020] [Originally Added On: December 3rd, 2020]
- Data Mining Tools Market to Reflect Impressive Growth Rate Along with Top Leading Players - The Haitian-Caribbean News Network [Last Updated On: December 3rd, 2020] [Originally Added On: December 3rd, 2020]
- Supply Chain Management: Lessons to Drive Growth and Profits Using Data Mining and Analytics | Quantzig - Business Wire [Last Updated On: December 3rd, 2020] [Originally Added On: December 3rd, 2020]
- Top 5 trends and predictions for market research in 2021 - AZ Big Media [Last Updated On: December 19th, 2020] [Originally Added On: December 19th, 2020]
- Space Mining Market Trends Analysis, Top Manufacturers, Shares, Growth Opportunities, Statistics & Forecast to 2026 - BAVIATION Business Aviation... [Last Updated On: December 19th, 2020] [Originally Added On: December 19th, 2020]
- Citi Launches Citi Fleet Card in the UK and Europe - Business Wire [Last Updated On: December 19th, 2020] [Originally Added On: December 19th, 2020]
- Facebook Accused Of Illegally Conspiring With Google - ValueWalk [Last Updated On: December 19th, 2020] [Originally Added On: December 19th, 2020]
- Data Mining Tools Market Top Manufacturers, Product Types, Applications and Specification, Forecast to 2028 - BIZNEWS [Last Updated On: December 19th, 2020] [Originally Added On: December 19th, 2020]
- INTRUSION Inc. Expands Executive Team with Focus on Amplification of New Cybersecurity Solutions - GlobeNewswire [Last Updated On: December 19th, 2020] [Originally Added On: December 19th, 2020]
- Essnova Solutions Named to Inc. 500 List of Fastest Growing Companies - Business Wire [Last Updated On: December 19th, 2020] [Originally Added On: December 19th, 2020]
- Ready Money Capital Limited Now Offers Financial Solutions for All and Sundry - PRNewswire [Last Updated On: December 19th, 2020] [Originally Added On: December 19th, 2020]
- The 3 Robinhood Stocks I'm Most Excited About - Motley Fool [Last Updated On: December 19th, 2020] [Originally Added On: December 19th, 2020]
- Data Mining Tools Market Business Growth Tactics, Future Strategies, Competitive Outlook and Forecast - BAVIATION Business Aviation News [Last Updated On: December 19th, 2020] [Originally Added On: December 19th, 2020]
- Supernova's Clients Wanted a New Data Insights Tool, So the Company Built 1 From Scratch - Built In Chicago [Last Updated On: December 19th, 2020] [Originally Added On: December 19th, 2020]