NEW Survey: Orgs are Ready for More GenAI, but Ill-equipped

83% of organizations are in the exploration or experimentation phase of their GenAI journey, but implementation and risk management challenges stand in the way of expansion. This is according to a new Dataiku and Forrester survey of AI decision-makers: “Accelerate Generative AI Applications With Platform Capabilities.”

Additional key findings include:

  • Organizations are ready: 62% say that Gen AI is either critically or highly important to their business strategy over the next 12 months
  • Investment going up: More than half (63%) of organizations plan to increase their investment in data/AI initiatives by up to 10% in the next year.
  • Implementation challenges: Lack of collaborative capabilities needed to operationalize Gen AI– 35% lack robust data infrastructure and another 35% face difficulties integrating it with existing IT architecture.
  • Risk concerns: potential violations of data protection and privacy laws (31%), skills and governance development for implementation (31%), inherent biases in genAI outputs (30%), AI hallucinations (26%). 

To access the full report click HERE.

Sign up for the free insideAI News newsletter.

Join us on Twitter: https://twitter.com/InsideBigData1

Join us on LinkedIn: https://www.linkedin.com/company/insidebigdata/

Join us on Facebook: https://www.facebook.com/insideAI NewsNOW