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Home Technology Big Data, Analytics & Intelligence

Organisations overlook blind spots in their AIĀ overconfidence

FutureCIO Editors by FutureCIO Editors
May 8, 2024
Photo by Jane Trang Doan: https://www.pexels.com/photo/people-in-couch-1024248/

Photo by Jane Trang Doan: https://www.pexels.com/photo/people-in-couch-1024248/

Around 44% ofĀ IT leadersĀ believe their organisationsĀ are fully set upĀ to realise theĀ benefits of AIĀ butĀ manyĀ organisations are not yet ready for effective and safe AI deployments, according to a research report commissioned byĀ Hewlett-Packard Enterprise.Ā 

Joseph Yang

ā€œWe are seeing critical blind spots in their AI strategies, including overlooking ethics and compliance, that could lead to serious consequences on the business. As AI investments continue to soar, it’s important that organisations devise a holistic AI roadmap that addresses these blind spots to ensure AI success and optimise their ROI,ā€ Joseph Yang, general manager, of HPC and AI, APAC, and India at HPE, said. 

Low data maturity

The research revealed that only 7% of organisations can run real-time data pushes/pulls to enable innovation and external data monetisation. Over a fourth (26%) of organisations surveyed have set up data governance models and can run advanced analytics.

IT leaders said their organisation is capable of handling any of the stages of data preparation for use in AI models – from accessing (59%) and storing (57%) to processing (55%) and recovering (51%). 

End-to-end AI lifecycle 

Most IT leaders believe their network infrastructure can support AI traffic (93%), and their systems have enough flexibility in compute capacity to support the unique demands across different stages of the AI lifecycle (84%).

Connections, compliance, and ethics

IT leaders surveyed describe their organisation’s overall AI approach as ā€œfragmentedā€ (28%), created separate AI strategies for individual functions (35%), and created different sets of goals altogether (32%).

Around 22% of organisations exclude legal teams in their business’s AI strategy conversations while legal/compliance (13%) and ethics (11%) were considered the least critical for AI success. 

Related:  87% of APAC manufacturers prioritise digital transformation, study finds
Tags: Artificial Intelligencedata maturityHewlett Packard Enterprise
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