Best Practices For Businesses To Adopt Artificial Intelligence Amid Crisis

The dependency on automation has accelerated due to COVID-19 pandemic. Therefore companies are relying on emerging technologies like artificial intelligence (AI) and machine learning (ML) to have business continuity amid this crisis. AI and ML are not only transforming the way businesses operate, but also providing a massive opportunity for companies to gain a competitive advantage. However, due to several reasons – like lack of skilled talent and budget, along with an understanding of newer technologies – have created a host of barriers for enterprises to smoothly adopt artificial intelligence and machine learning for their organisations. In fact, according to a recent survey, approximately 50% of respondents reported that their organisations lack skilled talents to implement real AI.