According to an official release, about 26% of organisations in India are fully prepared to deploy and leverage Artificial Intelligence (AI)-powered technologies, according to Cisco’s (NASDAQ: CSCO) inaugural AI Readiness Index released today. The Index, which surveyed over 8,000 global companies, was developed in response to the accelerating adoption of AI, a generational shift that is impacting almost every area of business and daily life. The report highlights companies’ preparedness to utilise and deploy AI, showcasing gaps across business infrastructures that might pose serious risks in the future.
The new research is believed to find that while AI adoption has been slowly progressing for decades, the advancements in Generative AI, are driving greater attention to the challenges, changes and new possibilities posed by the technology. While 93% of respondents believe AI will have a significant impact on their business operations, it also raises new issues around data privacy and security.
“ Organisations also need to be able to observe with context how AI is being used to ensure ROI, security, and especially responsibility,” Liz Centoni, executive vice president and general manager, applications, chief strategy officer, Cisco.
The Index findings show that companies experience the most challenges when it comes to leveraging AI alongside their data. About 73% of respondents admit that this is due to data existing in silos across their organisations. This indicates a significant level of focus by C-Suite executives and IT leadership. This could be driven by the fact that all respondents said the urgency to deploy AI technologies in their organisation has increased in the past six months, with IT infrastructure and cybersecurity reported as the top priority areas for AI deployments.
