Artificial intelligence (AI) is no longer the far-flung promise of tomorrow; it’s happening today. A striking indicator is that 74% of businesses plan significant AI investments this year, according to recent research from Semarchy.
Leaders across industries now recognize AI’s promise in terms of operational efficiency, business innovation and competitive advantage. Yet ambition and capital alone are insufficient to guarantee success.
The Achilles’ heel of widespread AI adoption is not the technology itself but rather the integrity and quality of the data feeding into it. Our survey paints a troubling picture – a startling 98% of organizations report that poor data quality is undermining their AI initiatives. It represents an alarming paradox; despite substantial investments in cutting-edge technology, many enterprises continue building AI platforms on shaky foundations, leading to erratic results.
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