Global State of AI, 2024 Report Highlights Importance of Artificial Intelligence in Achieving Business Goals
The “Global State of AI, 2024” report has revealed some fascinating insights into the current landscape of artificial intelligence and machine learning adoption in enterprises. According to the report, a staggering 89% of IT and business decision makers believe that AI and ML are crucial in achieving business goals such as increasing operational efficiency, supporting innovation, and improving customer experience.
The study, which surveyed senior IT decision makers across various industries including financial services, healthcare, retail, government, technology, and manufacturing, also highlighted the growing importance of generative AI in disrupting traditional enterprise operations. The report delves into key themes such as the current state of AI deployment, organizational goals of AI implementation, demand for specific AI-related technologies, and AI deployment models.
One of the key takeaways from the report is the shift of enterprise AI deployments from the proof-of-concept stage to the implementation phase, with a focus on improving operational efficiency driving investments in AI technologies. The report also identifies emerging use cases for AI, with natural language processing (NLP) emerging as the foundation of all AI technologies and predictive analytics leading the way in AI application use cases.
Despite the growing adoption of AI technologies, challenges such as data concerns and the ability to assess ROI continue to hinder widespread AI adoption. The report also highlights the evolving regulatory landscape surrounding AI technologies.
For more information on the “Global State of AI, 2024” report, visit ResearchAndMarkets.com. ResearchAndMarkets.com is a leading source for international market research reports and market data, providing the latest insights on international and regional markets, key industries, top companies, new products, and trends.
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SOURCE Research and Markets
