Everest Group Reports - View

Although Artificial Intelligence (AI) has been around for decades, both its hype and adoption have grown exponentially in the past few years. Enterprises are recognizing the value of AI as a competitive differentiator and value creator, and many are already investing in AI. In our recent survey of IT heads of 200 global enterprises, 65% have already invested in some AI project. However, while interest and investment are high, AI is far from pervasive in most enterprises' business strategies. In fact, more than 80% of the enterprise executives told us that they were unable to adopt AI at scale or achieve any significant business outcomes.