Incorporating machine learning into a SaaS product can come with long-term costs, but the potential cost savings and data security benefits might make it worth investing in.
For starters, there are upfront costs associated with setting up and training your ML model to recognize patterns within the data you’re collecting. Additionally, ongoing maintenance of the system can also be expensive.
However, once the setup is complete and your models are tuned correctly, you may start to see tangible cost savings from using automated processes instead of manual ones. Plus, if your ML model is properly secured against malicious actors trying to access sensitive information, then you’ll have peace of mind knowing that your data is safe and secure.