Brief of diving:
- More companies reported project failures this year compared to 2024, according to the analysis of S&P Global Market Intelligence. The findings are based on a survey of More than 1,000 respondents In North America and Europe.
- The part of the companies that leave most of their IA initiatives jumped to 42%up 17% Last year. The average organization was disabled 46% AI test test before they came to production.
- The companies cited the cost, the privacy of data and the security risks as the main obstacles, they found S&P. So far, AI adoption is mainly in computer operations, followed by customer experience flows and marketing processes.
Divide vision:
Companies extend with a long list of persistent road locks and speed strokes related to their AI initiatives.
Cios thought his Progress of the organization with and generative was not up to 2023and The experiments continued to fail Last year. This year it will probably provide more overwhelmed projects.
Almost all companies increase the generative investments of the AI even as two -thirds Admit to be -ho unable to move pilots to productionAccording to a computer report published last month.
Successful organizations have made efforts to Prioritize and customize use cases. After all, it is likely that those responsible for decisions pursuing all opportunities in the AI have more projects. Know when AI is the right tool – And when it is not, it is essential to avoid waste time with a lost hand.
Failed projects, however, should not always send a negative signal to business leaders, according to analysts.
“Celebrating failures in some of these issues” Amanda Luther, managing director and partner of Boston Consulting GroupHe said Wednesday during a virtual event in Cio. Allowing employees to produce cases of use and pilot who are interested in promoting an experimentation culture, whether the idea comes or not to production, he added.
Exercise can also lead to iterative experimentation and better results on the line.
“When people listen to the failure of the word, it comes out” ” HTIKE HTIKE KYAW SOE, CEO, DIGITAL ADVISORY A KPMG USsaid during the panel. “There is a lot of proof and error because it is a new technology … that is embraced is fine.”
