Introduction to AI Transformation
Companies are feeling the pressure to deploy AI as soon as possible due to its game-changing potential and the breakneck speed with which it is evolving. According to recent surveys, 98% of companies say they feel an increased sense of urgency in the last year to adopt AI, and 85% believe they have less than 18 months to deploy an AI strategy or they will see negative business effects.
The Risk of Falling Behind
Companies that take a “wait and see” approach will fall behind, says Jeetu Patel, president and chief product officer at Cisco. “If you wait for too long, you risk becoming irrelevant,” he says. Patrick Milligan, chief information security officer at Ford, also emphasizes the significance of AI, stating that it is an inflection point that will have a profound impact on not just companies but society as a whole.
Current State of AI Readiness
Despite the urgency, just 13% of companies globally say they are ready to leverage AI to its full potential. IT infrastructure is an increasing challenge as workloads grow ever larger. Two-thirds (68%) of organizations say their infrastructure is moderately ready at best to adopt and scale AI technologies.
Essential Capabilities for AI Adoption
To fully leverage AI, companies need to have essential capabilities in place, including:
- Adequate compute power to process complex AI models
- Optimized network performance across the organization and in data centers
- Enhanced cybersecurity capabilities to detect and prevent sophisticated attacks
- Observability to ensure the reliable and optimized performance of infrastructure, models, and the overall AI system
- Good quality, well-managed enterprise-wide data, as AI is only as good as the data it draws on
- AI-focused company culture and talent development
The Importance of Infrastructure and Data
IT infrastructure and data are critical components of AI adoption. Companies need to invest in building a robust infrastructure that can support the growing demands of AI workloads. Additionally, they need to focus on collecting and managing high-quality data that can be used to train and improve AI models.
Conclusion
The adoption of AI is no longer a choice but a necessity for companies that want to stay relevant in today’s fast-paced business landscape. With the majority of companies feeling the pressure to deploy AI quickly, it is essential to have the right infrastructure, data, and talent in place to support AI adoption. By investing in these essential capabilities, companies can unlock the full potential of AI and stay ahead of the competition.
FAQs
- Q: Why are companies feeling pressured to adopt AI?
A: Companies are feeling pressured to adopt AI due to its game-changing potential and the breakneck speed with which it is evolving. - Q: What percentage of companies say they are ready to leverage AI to its full potential?
A: Just 13% of companies globally say they are ready to leverage AI to its full potential. - Q: What are the essential capabilities required for AI adoption?
A: Essential capabilities include adequate compute power, optimized network performance, enhanced cybersecurity, observability, good quality data, and AI-focused company culture and talent development. - Q: Why is infrastructure important for AI adoption?
A: Infrastructure is critical for supporting the growing demands of AI workloads and ensuring the reliable and optimized performance of AI systems. - Q: How can companies unlock the full potential of AI?
A: By investing in essential capabilities such as infrastructure, data, and talent, companies can unlock the full potential of AI and stay ahead of the competition.