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Adopting AI: The big 5 factors holding back businesses Networks Asia
While many companies view artificial intelligence as an integral part of their future success, very few have fully embraced the technology. According to a global Accenture survey, business executives believe that within the next two years, artificial intelligence will work next to humans in their organisations as a co-worker, collaborator and trusted advisor. Accenture predicts by 2022, firms that adopt AI can boost revenues by up to 38 per cent. But rolling out AI at scale across a company is far easier said than done. And despite the lofty ambitions, very few businesses locally have taken AI beyond the experimental stage. There are still significant hurdles to be overcome when adopting AI in a significant way.
Industry:
- Government (0.49)
- Banking & Finance (0.31)