Are you AI Ready? Cisco AI Readiness Index Report
Date
Wed, Mar 6, 2024, 06:00 AM
Are you AI Ready? Cisco AI Readiness Index Report
The accelerating adoption of Artificial Intelligence (AI) is a once-in-a-generation technology shift that is impacting almost every area of business and daily life. While AI adoption has been slowly progressing for decades, the advancements particularly in Generative AI in the past year, coupled with the public availability of these tools, are driving greater attention to the changes and new possibilities the era of AI will bring.
Out of those Cisco surveyed for our inaugural Cisco AI Readiness Index, 97% say the urgency to deploy AI powered technologies has increased in their company within the past six months. While this pressure is coming from almost every stakeholder group, the greatest pressure is being felt from the top, with over half saying this urgency is being driven by their CEO and leadership team, followed by their Board of Directors. As a result, 84% believe that AI will have a significant impact on their business operations in the future.
The reality, though, is that intentions of adopting and leveraging AI are far outpacing the abilities to do so. The Index shows that 86% of companies across the globe are not fully prepared to leverage AI and AI-powered technologies to the fullest potential.
The Cisco AI Readiness Index investigates AI readiness across six key pillars - Strategy, Infrastructure, Data, Governance, Talent, and Culture and categorizes organizational readiness into four levels – Pacesetters (fully prepared), Chasers (moderately prepared), Followers (limited preparedness), and Laggards (unprepared). Using this categorization, the breakdown of respondents for Cisco’s inaugural AI Readiness Index is: Pacesetters (14%); Chasers (34%); Followers (48%) and Laggards (4%).
The Index is based on a double-blind survey of 8,161 senior business leaders at organizations with 500 or more employees with responsibility for AI integration and deployment within their organizations. A more detailed explanation of the benchmarking methodology is contained in later sections of this Index.
Read full report here :
cisco-global-ai-readiness-index
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