In a time when data infrastructure and processing power offer the necessary foundations to fuel truly transformational applications and rapid innovation, artificial intelligence (AI) has a unique and powerful role to play in meeting many of the current challenges.
The fifth edition of Deloitte’s annual State of AI in the Enterprise research explored how businesses are forging a path to a new future, one filled with unrealized sources of value. The report surveyed 2,620 executives from 13 countries, outlining detailed recommendations for leaders to cultivate an AI-ready enterprise and improve outcomes for their AI efforts.
“Amid unprecedented disruption in the global economy and society at large, it is clear today’s AI race is no longer about just adopting AI — but instead driving outcomes and unleashing the power of AI to transform business from the inside out. This year’s report provides a clear roadmap for business leaders looking to apply next-level human cognition and drive value at scale across their enterprise.”, said Costi Perricos, Deloitte Global AI consulting partner.
The following key actions that many business leaders are taking to harness AI’s potential and drive value at scale across their enterprises emerged:
When it comes to successful AI deployment and adoption, leadership and culture matter. The workforce is increasingly optimistic, and leaders should do more to harness that optimism for culture change, establishing new ways of working to drive greater business results with AI.
An organization’s ability to build and deploy AI ethically and at scale depends on how well they have redesigned their operations to accommodate the unique demands of new technologies.
Technology and talent acquisition are no longer separate. Organizations need to strategize their approach to AI based on the skillsets they have available, whether they derive from humans or pre-packaged solutions.
The report found that selecting the right use cases to fuel an organization’s AI journey depends largely on the value-drivers for the business based on sector and industry. Starting with use cases that are easier to achieve or have a faster or higher return on investment can create momentum for further investment and make it easier to drive internal cultural and organizational changes that accelerate the benefits of AI.
Source: State of AI in the Enterprise 2022