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All issuesVolume 317, Issue 4IT NewsAI

Recipe For AI Success: 10 Considerations For Enterprises

techradar.pro, Monday, August 26th, 2024

Ten strategy considerations for enterprises to adopt AI

Artificial intelligence (AI) is transforming industries, driving efficiencies, and enabling new business models. Gartner forecasts global spending on AI software will increase from $124 billion in 2022 to $297 billion in 2027, a 19.1% CAGR. For enterprises, embracing AI is no longer a strategic option-it's necessary for survival. Just as a chef learns various techniques to create a full-course meal, enterprises must understand the various distinctive flavors of AI that best support their business strategies. This piece will outline ten considerations for organizations to consider throughout the planning and deployment phases of implementing AI in accordance with the pragmatic AI model.

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