target audience: TECH SUPPLIER Publication date: Sep 2023 - Document type: IDC Survey Spotlight - Doc Document number: # US51186223
Is the High Cost of Real Data for Large AI/ML Models Driving Synthetic Data Adoption?
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Abstract
This IDC Survey Spotlight examines the synthetic data adoption timeline and motivation. Despite the perception of information abundance, numerous crucial business applications lack adequate data to build accurate, unbiased, and reliable artificial intelligence and machine learning (AI/ML) models. This IDC Survey Spotlight is based on IDC's 2023 Machine Learning Life-Cycle Ecosystem Survey conducted in June 2023. This question surveyed 410 respondents from a variety of industries in the United States.