IBM Study: More Companies Turning to Open-Source AI Tools to Unlock ROI
IBM News, Thursday, December 19th, 2024
85% of IT decision makers surveyed reported progress in their companies' 2024 AI strategy, with 47% saying they have already achieved positive ROI
New research commissioned by IBM found that companies surveyed are investing in AI for the long term, with a growing interest in using open-source tools to drive ROI and innovation going forward.
The study of more than 2,400 IT decision makers (ITDMs), conducted by Morning Consult and developed in collaboration with Lopez Research, revealed that 85% of respondents report making progress in executing their 2024 AI strategy, with nearly half (47%) already seeing positive ROI from their AI investments. The data also confirms that using open-source tools for AI solutions may correlate to greater financial viability: 51% of surveyed companies currently utilizing open-source AI tools report seeing positive ROI, as compared to just 41% of those not using open source.