Enterprises Need Generative Ai Tailored To Their Unique Needs, With Their Own Unique Data
IBM News, Wednesday, July 12,2023
In less than a year, we've gone from the 'run your business and apply AI to help' paradigm to a reality where enterprises in every industry are navigating how to embed AI into the fabric of their strategies.
Generative AI based on foundation models has brought us to this inflection point. In fact, new research from IBM's Institute for Business Value CEO study found three out of four (75%) CEOs surveyed believe the organization with the most advanced generative AI wins, and 43% of responding CEOs say their enterprises are already using generative AI to inform strategic decisions.
In the past, scaling and operationalizing AI has been challenging for organizations. According to a Gartner press release, 'The Gartner survey revealed that on average, 54% of AI projects make it from pilot to production.' Enterprises need transformation partners with the right expertise and capabilities to help them on their paths.