Cisco's 2024 AI Readiness Index: Urgency Rises, Readiness Falls [Yahoo! Finance]
Cisco Systems, Inc. (CSCO)
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Source: Yahoo! Finance
Leaders feel the pressure; 98% report increased urgency to deliver on AI and 85% believe they have less than 18 months to act. Networks are not equipped to meet AI workloads; only 21% of companies report having the necessary GPUs to meet current and future AI demands. Only 13% say they are fully ready to capture AI's potential – down from 14% last year. SAN JOSE, Calif. Nov. 19, 2024 /PRNewswire/ -- Cisco (NASDAQ: CSCO), the worldwide leader in networking and security, today announced the findings from the second annual AI Readiness Index . The report explores how prepared organizations are to invest in, deploy and use AI. Nearly eight thousand organizations took part in the report. Most notably, the report highlights a huge chasm between the urgency companies feel to deploy AI and their readiness to do so. Nearly all companies (98%) report the urgency to deploy AI has increased in the last year. However, the research found that from 2023 to 2024, global AI readiness in the e
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News
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CSCO
Earnings
- 2/12/25 - Beat
CSCO
Sec Filings
- 2/14/25 - Form 144
- 2/14/25 - Form 144
- 2/12/25 - Form 4
- CSCO's page on the SEC website