Overcoming Barriers To AI Adoption: Experts Weigh In

According to a recent Forbes Insights survey of 700 C-suite executives, a whopping 77 percent of business leaders say their organizations are either planning or piloting AI within their organizations. Nearly three-quarters have 10 or more AI initiatives currently underway.

While going after the"bright, shiny object" was the right move at the time for many organizations to claim first-mover advantage, he said, now is the time to reverse some of the fragmentation and create a more mature, comprehensive approach to how we deal with our data in the long-term"because we all know that data is the fuel of the enterprise."

Upon further investigation, however, another factor appears to be responsible for the sluggish pace of AI adoption. The study found that business leaders admit a lack of system centralization and accessibility. In fact, only 12 percent of respondents reported having an enterprise-wide data strategy. What's more, a full 80 percent noted that 40 percent or less of their company's data is readily available across all teams. In short, data readiness is lacking.

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