AI Cloud leader DataRobot today released The Economic Benefits of DataRobot AI Cloud, an independent research report conducted by Enterprise Strategy Group (ESG). The report predicted adopting DataRobot would provide a 3.5x to 4.6x expected return on investment (ROI) for organizations across industries.
For organizations navigating changing market conditions, AI can drive more intelligent business decisions, improve efficiency and identify risks and opportunities. By democratizing access, DataRobot unlocks the power of AI for every function across the business, driving faster time to value, cost savings, and significant return on investment.
Following a research process that included speaking to DataRobot customers and reviewing existing analytics to quantify DataRobot’s value, ESG found that DataRobot provided its customers with significant savings and benefits, including:
According to ESG, “By simplifying the complexity for non-technical stakeholders and improving the efficiency around analytics operations, DataRobot helped to make higher quality insight derived from efficient analytics models accessible to more stakeholders across the organization. As a result, DataRobot customers reported that they were able to make more intelligent decisions resulting in noticeable outcomes, including improved internal operations, increased revenue, and reduced risk to the business.”
“This report validates what we at DataRobot know to be true – we are one of the most widely deployed and proven AI platforms in the market today because we help businesses accelerate impact with AI,” said Jay Schuren, Chief Customer Officer, DataRobot. “We’re proud to offer our customers a platform that makes AI accessible, actionable and cost effective, drastically reducing the time to identify and deploy AI models into production to drive maximum value.”