Original Source:  Everest Group 

“Although Artificial Intelligence (AI) has been around for decades, both its hype and adoption have grown exponentially in the past few years. Enterprises are recognizing the value of AI as a competitive differentiator and value creator, and many are already investing in AI. In our recent survey of IT heads of 200 global enterprises, 65% have already invested in some AI project. However, while interest and investment are high, AI is far from pervasive in most enterprises’ business strategies. In fact, more than 80% of the enterprise executives told us that they were unable to adopt AI at scale or achieve any significant business outcomes. Lack of talent, poor data management, and misalignment with the business context are some factors that act as barriers to enterprise wide AI adoption. Other issues such as change management and failure in early projects are some other factors that are forcing enterprises to take a highly risk averse approach towards their AI investments…”

Contributors: Everest Group
Categories: SIG U Resource, Whitepaper
SRC Type: Artificial Intelligence, Disruptive Digitization, Outsourcing