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HALF OF AFRICAN CEOS EXPECT SIGNIFICANT VALUE FROM AI AND ANALYTICS
Adopting AI is not without its obstacles and many are grappling with a multitude of challenges , where 82 % of IT professionals say IT complexity is impeding success in deploying AI , while 55 % of business providers lack key information regarding their technology decisions . Saad Toma at IBM explains further .
The adoption of gen AI is accelerating across enterprises as organisations aim to gain a competitive edge and unlock new opportunities . To achieve this , organisations need to have a robust AI strategy and the right level of investment . They also need to establish and implement clear and consistent standards or guardrails concerning the utilisation of AI across all strategic focus areas .
Since the launch of watsonx , IBM has over 700 client pilots running and managing over 1,200 AI models globally .
After capturing the public ’ s imagination in 2022 , generative Artificial Intelligence , began to permeate the business landscape in 2023 . 2024 remains a crucial year for the future of AI , with researchers and organisations pushing the boundaries by developing new algorithms and models to tackle increasingly complex tasks .
A recent IBM report found that three out of four , 75 % global CEOs believe that the organisation with the most advanced gen AI will have the ultimate advantage . Moreover , 43 % of CEOs said they will use gen AI to inform strategic decisions .
Companies worldwide are recognising the benefits of gen AI and its crucial role in their success . This is driving a new era of work , productivity and opportunities across industries . AI is projected to enhance human productivity and unlock an astounding $ 16 trillion in value by 2030 .
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