Benchmark research
This article is written based on the research: To what extent are organisations prepared for Artificial Intelligence? Performed by BenchLab. This survey has been conducted since June 2023 among IT executives of predominantly business and financial services companies with an average of 1,900 employees. Meanwhile, the survey has over 70 participants. Spacious 200 decision-makers have been added to the network of Wortell and are provided with updates around the research. Almost all benchmark reports were followed up by appointment by specialists from Wortell.
Artificial Intelligence (AI) is attracting increasing interest from businesses, and while many organisations are still in the early discovery phase, this provides the very opportunity to implement the technology in a thoughtful and strategic manner. Recent research by Wortell conducted by BenchLab - Research shows that 83% of companies indicate that knowledge of AI within their organisation is still limited. However, this can also be seen as an opportunity for growth and development. Companies that invest in increasing their AI expertise now can differentiate themselves and benefit from an edge in the future.
AI still in the discovery phase
Artificial Intelligence (AI) is attracting increasing interest from businesses, and while many organisations are still in the early discovery phase, this provides the very opportunity to implement the technology in a thoughtful and strategic manner. Recent research by Wortell conducted by BenchLab - Research shows that 83% of companies indicate that knowledge of AI within their organisation is still limited. However, this can also be seen as an opportunity for growth and development. Companies that invest in increasing their AI expertise now can differentiate themselves and benefit from an edge in the future.
The lack of a clear AI strategy at 77% of companies is not necessarily negative; rather, it may indicate a considered approach, with organisations taking the time to fully understand the opportunities and risks of AI before committing to a specific course of action. Although the Return on Investment (ROI) of AI projects is not yet measured in 68% of cases, this provides scope for organisations to develop new methods and approaches to help them effectively quantify the impact of AI on their business operations.
Enthusiasm as a driving force
78% of employees are enthusiastic about AI. This enthusiasm is a powerful driver for adoption, even though only 31% of IT departments currently see AI as a priority. As AI becomes more embedded in business strategy, this perception will shift.
Cloud and data as foundation
About half of organisations have invested in scalable cloud infrastructure. Currently, 60% of business data resides in the cloud; this is expected to rise to 75% within two years.
62% are investing in making data accessible - essential for AI development. Around 30% are investing in cybersecurity and cloud solutions. Further investments in security will follow as AI becomes more integrated.
Conclusion
AI implementation is still in its early stages, but this offers opportunities for growth and innovation. Employee enthusiasm, investments in cloud and data, and awareness of challenges form a strong foundation. With the right strategy and increasing expertise, companies can successfully integrate AI.
