Enterprises Investing in AI, Cite Need for Chief Artificial Intelligence Officer - RTInsights

Businesses are spending on artificial intelligence, but, according to a recent study, the barriers and opportunities are so significant that they need a C-level position dedicated to AI strategy. Enterprises are wise to the business value of artificial intelligence (AI). They are spending on it and see that it is a competitive necessity. However, business leaders also realize that challenges abound – challenges significant enough to call for a new executive in the c-suite to drive AI strategy, ensure adoption and measure return on investment (ROI). Those are the findings of a new survey by market research firm Vanson Bourne, who conducted the study on behalf of Teradata, a company that specializes in the data and analytics.