Sign up for our newsletter and get the latest big data news and analysis.

Infographic: State of AI 2022

Peak, a leader in Decision Intelligence (DI), released a new “State of AI, 2022” report highlighting that a number of organizations are making investments in both data and AI – without connecting the two. Surveying 775 decision makers (senior managers and above) from the US, UK or India, the report further reveals that when businesses are failing to prepare their data for future AI adoption, they risk needing to retrofit their infrastructure later down the road.

Alarmingly, 97% of respondents stated that their business has or intends to implement a data strategy, yet only 35% of those say it includes plans to facilitate AI. Businesses are failing to realize they’ll eventually need AI to remain future-proof, especially in this volatile environment.

Key findings below:

  • Missed Opportunity in Data Strategy: Many businesses are making investments in both data and AI without connecting the two, which will force an expensive infrastructure retrofit down the line – a competitive disadvantage.
    • More than half of respondents now have a Chief Data Officer, and 86% have implemented a data lake or warehouse. 
    • 97% of respondents stated that their business has or intends to implement a data strategy, yet only 35% of those say it includes plans to facilitate AI. 
  • Leadership Disconnect on AI Perceptions: A lack of clarity around AI intentions is evident among leadership, and could pose a further challenge to adoption, with CEOs far more confident about their company’s AI strategy than the rest of their executive team.
    • Of the respondents in businesses that have or are working towards AI, 55% of CEOs stated that it is being implemented throughout the business, yet only 42% of c-suite agreed. 
  • Regional Differences: India is more advanced than both the US and UK when it comes to attitudes and progress being made in digital transformation, data maturity and AI adoption.
    • India is the most digitally ready country, with 52% of decision makers recognizing high levels of digital transformation within their industries, compared to 36% in both the US and UK. 
    • 75% of respondents in the US and 78% in India agree that their business is data driven, whilst this share drops to 58% in the UK. 
    • Although Indian firms have more frequently attempted digital transformation, US firms had a slightly higher success rate.

Join us on Twitter: @InsideBigData1 – https://twitter.com/InsideBigData1

Sign up for the free insideBIGDATA newsletter.

Leave a Comment

*

Resource Links: