35.8 C
Dubai
Tuesday, October 22, 2024
spot_img

80% of executives believe “automation can be applied to any decision”

[ad_1]

According to a recent survey by leading technology research and consulting firm Gartner, approximately 80 percent of executives believe automation can be applied to any business decision.

As automation is embedded in digital businesses, the survey reveals how organizations are using artificial intelligence (AI) as part of their automation strategies.

“The survey shows that organizations are moving from a purely tactical approach to AI and are beginning to apply AI more strategically,” said Erick Brethenoux, a distinguished vice president analyst at Gartner. “For example, one-third of organizations are Departments apply AI to create stronger competitive advantage by supporting decision-making across business processes.”

online survey

The survey was conducted online between October 2021 and December 2021 among 699 respondents in the US, Germany and the UK from organizations that have deployed AI or intend to deploy AI within three years.

During the Gartner Data & Analytics Summit in Orlando, Gartner analysts are discussing the keys to successful AI implementation and barriers to the operationalization of AI.

Gartner surveys show that, on average, 54% of AI projects move from pilot to production. This is a slight increase from Gartner’s 2019 AI Organizations Survey, which reported an average of 53 percent of AI projects in production.

Scaling artificial intelligence

“Scaling AI remains a significant challenge,” said Gartner distinguished vice president analyst Frances Karamouzis. “Organizations still struggle to connect the algorithms they’re building to the business value proposition, making it difficult for IT and business leadership to justify the investment they need to implement the model.”

40% of organizations surveyed said they deploy thousands of AI models. This creates governance complexity for organizations, further challenging the ability of data and analytics leaders to demonstrate the ROI of each model.

While talent shortages are generally thought to affect AI initiatives, the survey found that this is not a significant barrier to AI adoption. 72% of executives say they have or have access to the AI ​​talent they need.

successful organization

“The most successful organizations use a combination of internal development and external recruiting to recruit AI talent. This ensures that teams are constantly updating themselves by learning new AI skills and techniques and considering new ideas from outside the organization,” Brethenoux said.

Only 3 percent of executives surveyed said security and privacy issues were not listed as the biggest barriers to AI adoption. However, 41% of organizations report that they have had a known AI privacy breach or security incident before.

When asked what the organization is most concerned about when it comes to AI security, 50% of respondents said they were concerned about competitors, partners or other third parties, and 49% were concerned about malicious hackers.

data breach

However, 60% of organizations facing an AI security or privacy incident reported an internal breach of data.

“Given that most AI vulnerabilities are caused by insiders, AI security concerns in organizations are often misplaced,” Brethenoux said. “While attack detection and prevention are important, AI security efforts should equally focus on minimizing human risk.” arab trade news agency

[ad_2]

Source link

Related Articles

TicketRoot Revolutionizing Event Management with Tech-Driven Solutions

In the dynamic landscape of event management, TicketRoot has emerged as a leading platform, streamlining the entire process for organizers—from ticketing to on-site logistics....

Aviation Future Week Takes Flight: Industry Leaders Unite in Dubai to Shape the Future of Air Travel

Aviation Future Week has taken off in Dubai, bringing together industry leaders, innovators, and policymakers from around the globe to explore the evolving landscape...

ICREA Facilitates Landmark Partnership to Establish New School in Oman

ICREA is delighted to announce that we have successfully facilitated a strategic partnership between Amity Education, a leading UAE-based education operator, and an Investment...

Blockchain Life 2024 in Dubai: A Legendary Gathering of Market Insiders Ahead of the Bull Run

On October 22-23, the legendary Blockchain Life 2024 forum will take place in Dubai. Over 10,000 participants from 120 countries will come together for...

SGIVS Attestation Center Expands to Larger Premises in Dubai

Dubai, UAE – SGIVS Global, the only attestation center authorized by the Indian Embassy in Abu Dhabi and the Consulate General of India, Dubai, has...

Latest Articles