A new IBM report has revealed how Indian enterprises (companies with more than 1,000 employees) are adopting and plan to adopt AI technologies.
Research commissioned by IBM found that 59 per cent of the enterprise-scale organisations surveyed in India are actively using AI in their business.
“The increase in AI adoption and investments by Indian enterprises is a good indicator that they are already experiencing the benefits from AI. However, there is still a significant opportunity to accelerate as many businesses are hesitant to move beyond experimentation and deploy AI at scale,” said Sandip Patel, Managing Director, IBM India & South Asia, in a press statement.
Data and AI governance tools are going to be critical for building AI models responsibly so that enterprises can trust and confidently adopt AI, according to Patel. Without those tools, there is a chance that companies could expose themselves to data privacy issues, legal complications, and ethical issues.
The IBM Global AI Adoption Index was conducted by Morning Consult for the tech company and found that 59 per cent of IT professionals at large organisations say they have actively deployed Ai while another 27 per cent are exploring the use of the technology. Also, six in 10 IT professionals enterprise companies say their company is actively implementing generative AI.
74 per cent of the professionals at companies deploying or exploring AI say their organisations have accelerated their investment in or rollout of AI over the past 24 months. This is going to areas like R&D, reskilling, workforce development and building proprietary AI solutions.
Some of the top barriers stopping successful AI adoption at enterprises either exploring or deploying it are limited AI skills and expertise (30 per cent), lack of tools or platforms for developing AI models (28 per cent), AI projects being too complex or difficult to integrate and scale (27 per cent) , ethical concerns (26 per cent) and too much data complexity (25 per cent)
Source:indianexpress.com