Why AI Is Gaining Enterprise Traction Despite Its Lack Of Maturity

Although for many organizations artificial intelligence may be a work in progress, its rapid spread across the enterprise has led Gartner to predict that by 2024, 75% of organizations will shift from piloting to operationalizing artificial intelligence (AI). This in turn will drive an increase in streaming data and analytics infrastructures by up to 500%. It is likely that the current health crisis has sped up the rate of deployment. During the pandemic and with millions working from home, AI techniques such as machine learning (ML), optimization and natural language processing (NLP) have been able to provide insights and predictions about the spread of the virus and the effectiveness and impact of countermeasures. It has also enabled many organizations to continue doing business where they might otherwise have had to slow down or even shut down.