IDC predicts that enterprises are poised to double their 2023 investments in GenAI from $19 billion to $151 billion by 2027. However the place are enterprises at this time on their AI maturity journey? Have they got sufficient backing from the board? Have they got sufficient compute? Have they got every little thing they should construct AI responsibly and safely? And have they got precise AI tasks in manufacturing with a transparent path to ROI?
To reply these burning questions, Domino Data Lab commissioned BARC Research to conduct a examine amongst 279 AI leaders (senior director and above) at firms with $100M+ annual income. Obtain the complete report, “AI leaders reveal what works within the fashionable AI period,” HERE.
Here’s a sneak peek: 65% of respondents stated their firms want so as to add new processes to present governance frameworks to hitch the GenAI revolution and succeed on their Accountable AI journey. For others, GenAI requires a deeper revision of their governance plans: Almost one in 5 (18%) say they are going to completely rewrite their governance frameworks to handle the appearance of GenAI, and 12% plan to switch their present governance framework completely on account of GenAI.
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