SYSTEMS AND METHODS FOR DETERMINING MACHINE LEARNING TRAINING APPROACHES BASED ON IDENTIFIED IMPACTS OF ONE OR MORE TYPES OF CONCEPT DRIFT

A system and method for accounting for the impact of concept drift in selecting machine learning training methods to address the identified impact. Pattern recognition is performed on performance metrics of a deployed production model in an Internet-of-Things (IoT) environment to determine the impact that concept drift (data drift) has had on prediction performance. This concurrent analysis is utilized to select one or more approaches for training machine learning models, thereby accounting for the temporal dynamics of concept drift (and its subsequent impact on prediction performance) in a faster and more efficient manner.