One in four enterprises finds it difficult to secure enough investment and buy-in from its leadership.
37% of organisations find it challenging to identify the right use cases for AI implementation.
The total of the economic impact of a single prediction, the economic utility of understanding why a single prediction was made, and the intelligence derived from a global understanding of the process being modelled.
The number of decisions that an AI application has to make e.g. two billion per day versus three per month.
The regulations determining the acceptable use and level of functional validation needed for a given AI application.
How the AI application interacts with the business, stakeholders, and society and the extent a given use case could impact business reputation.
The potential harm due to an adverse outcome resulting from the use of the algorithm that goes beyond the immediate consequences and includes the organisational environment: executive, operational, technology, societal (including customers), ethical and workforce.
28% of enterprises lack high-quality data for use in AI solutions.
28% of firms report training and recruiting skilled professionals who can work with AI systems as a hurdle.
35% of organisations that have implemented pilots are finding it tough to move AI initiatives from pilot to production.
38% of organisations are unable to explain the output and measure AI’s RoI.
One in five organisations finds it challenging to create AI-related governance policies across the business.
17% of firms face challenges in maintaining AI systems that are already operational.
20% of organisations find it challenging to scale up AI solutions at the enterprise level.
38% of organisations plan to use AI to deliver rapid innovation in a post COVID-19 world.
In a rapidly changing post COVID-19 world, it is more important than ever to rethink and reconfigure to become dynamic and resilient to future disruptions. As organisations try to drive market-leading innovations through the use of AI, it is important to build capabilities to: