How To Build An AI Center Of Excellence
DDN News, Tuesday, July 16th, 2024
As they race to adopt artificial intelligence, organizations need to adopt a disciplined approach to selecting, justifying, and measuring the outcomes of AI projects. The wide range of tools and strategies that are available for implementing and integrating AI technology creates new skills and integration challenges, accentuating the need for organizations to select a standardized approach.
Fortune Business Insights expects the AI market to grow more than 20% annually through 2029 to nearly $1.4 trillion. However, a recent Deloitte survey found that more than 50% of companies recognize that there are significant risks to their AI implementation initiatives, and less than half say that they have a sufficient level of skills for integrating AI technologies into their existing IT environment.
Organizations should take the opportunity to focus their AI initiatives around a common strategy to fulfill what is expected to be vast demand.