New Economist Impact Study Finds Only 22% of Enterprises Believe Their IT Infrastructure is Ready for AI [Yahoo! Finance]
Goldman Sachs Group, Inc. (The) (GS)
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Source: Yahoo! Finance
SAN FRANCISCO Nov. 14, 2024 /PRNewswire/ -- Databricks, the Data and AI company, today unveiled a new Economist Impact report, " Unlocking Enterprise AI: Opportunities and Strategies ," which examines the challenges businesses face in adopting and scaling AI, and the techniques they are using to drive greater value from these investments. The report found the vast majority of enterprises (85%) are using or testing generative AI (GenAI) in at least one function. But few (22%) feel confident that their current IT architecture could effectively support new AI applications moving forward. As demand for data intelligence grows worldwide, AI continues to be a major focus area for companies. According to Goldman Sachs , global AI spend is expected to reach $1 trillion in the next few years. While more companies are investing in AI than ever before, struggles related to delivering business-specific, highly accurate, and well-governed results at a reasonable cost are preventing organization
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- 11/14/24 - Form FWP
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