Organizations struggle implementing AI and advanced analytics - Business Insider

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Of the top 10 critical AI implementation challenges, seven are related to people, culture, and the organization's budget and staffing

Insider Intelligence

AI tools and technologies are still rapidly evolving compared with other IT products and services, but the AI adoption challenge isn't simply about waiting for a new version of an algorithm or a powerful new cloud service to reach the market. Adopting AI and advanced analytics is as much about installing a new piece of software as it is about the human beings who use it.

Digging down into the data, there is a wide variation in the number of AI projects that companies have completed, with a small number of respondents saying their companies completed over 100 projects. The majority—60%—have completed between six and 20 projects. Ericsson principal researcher Rebecka Cedering Ångströmthat even AI-leaders faced plenty of challenges. Despite starting their initiatives between four to five years ago on average, 60% reported facing challenges with projects.

 

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