What is the cost of Machine Learning?

If we go by Total Cost of Ownership approach we can distinguish “Inital” or set up Machine Learning (project costs) and “maintenance” (score and model refreshment). And there are some “related costs” such as data-warehouse and system enhancement both for model input and score result automation into day to day operations. Each have different Human resource and computational resource requirements. Projects costs can start at few thousands USD range and the limit is the sky (especially if it is in-sourced) depending on the complexity data and level of automation.

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