A large number of respondents in our survey noted that their AI investments have not yet delivered the gains they expected. Nearly 50% of respondents reported not seeing any gains or gains below expectations in areas such as assisting, augmenting, or automating a process or operation.
At this point, only 13% say they are fully ready to capture AI's potential -- no better than the paltry 14% reporting such readiness last year. They lack skilled staff, higher-capacity infrastructures, and AI-ready data.
While companies are keen to adopt and deploy AI, the ability and readiness to fully leverage it remains limited. The lack of visible results may be due to organizations not having the right processes in place to accurately measure the impact of AI.
50% of respondents cite pressure from the CEO and their leadership team to get moving with AI, but there has been a waning of enthusiasm about the transformative power of AI at this level.
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