AI Forum, a business that was acquired by special economic zone company Euler Digital SEZC in February 2022, has released a global study on Enterprise AI in research partnership with Ernst & Young in the United States.
The report describes key trends regarding AI adoption, expenditure and digital transformation. It also highlights the challenges related to governance, scalability and skills.
Ian Gilmour, Euler Digital managing director and chair of the AI Forum Advisory Board, said, “After analysing data from more than 1,700 AI expert practitioners, we estimate that less than 20% of organizations had AI awareness training in place. As a result, it is clear that AI is not as established as may generally be thought.”
The opportunity for employers to accelerate their AI plans is obvious and will lead to future competitive advantages, whether they be from efficiency gains or differentiation, he noted, adding that for employees and entrepreneurs, AI skills are essential for future career progression and innovation.
Close to 60% of companies surveyed see having insufficient talent and skills inhouse as the main obstacle to AI adoption. Almost half mentioned data quality as the main.
AI Forum announces Cayman conference
Research and information provider AI Forum also announced that it will hold its first annual conference in the Cayman Islands on 12-16 Sept. 2022.
Speakers from EY, Qualcomm, IBM, Visa and the World Economic Forum will cover artificial intelligence topics spanning governance, inclusion, healthcare, education and financial services.
The two-day conference will be followed by one day of workshops.
To register for the conference, email Andy Hutchinson at [email protected].
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