AI has become somewhat of an imperative for businesses to remain competitive and innovative. AI projects hold a great deal of promise for businesses across varied sizes and industries with big bottom-line stakes. Of the companies that have rolled out AI enterprise-wide, 25 percent of those surveyed expect to increase revenue, according to a PwC AI Predictions survey.
The business possibilities around the combination of A.I., IoT, AppDev, and Cloud are nearly limitless. Nearly half of 5000 global IT professionals say their companies are exploring A.I., according to the IBM Global AI Adoption Index 2021. But that exploration is exposing the challenges of AI in terms of how to implement and effectively use it for real business outcomes.