Techemergence - a website focused on Artificial Intelligence applied to business - recently conducted a survey to identify the main success factors in applying Machine Learning to the business. Below is an infographic that summarizes the results.
A good deal of data
Choosing the right problem
A team of quality data scientists
What I find impressive is that - despite being well known factors (we could even say obvious) - it is still difficult today to find companies that can make the right decisions to get this strategy right. Again, this shows how the most important part of any strategy is not in the idea but in the ability to execute.
AI still seems today that lemon cake recipe that everyone has but that is still rare to be able to taste.