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Leading Organizations Expect to Double Number of AI Projects Within Next Year

Organizations that are working with artificial intelligence (AI) or machine learning (ML) have, on average, four AI/ML projects in place, according to a recent survey by Gartner, Inc. Of all respondents, 59% said they have AI deployed today.

The Gartner AI and ML Development Strategies study was conducted via an online survey in December 2018 with 106 Gartner Research Circle Members – a Gartner-managed panel composed of IT and IT/business professionals. Participants were required to be knowledgeable about the business and technology aspects of ML or AI either currently deployed or in planning at their organizations.

“We see a substantial acceleration in AI adoption this year,” said Jim Hare, Research VP at Gartner. “The rising number of AI projects means that organizations may need to reorganize internally to make sure that AI projects are properly staffed and funded. It is a best practice to establish an AI Center of Excellence to distribute skills, obtain funding, set priorities and share best practices in the best possible way.”

Today, the average number of AI projects in place is four, but respondents expect to add six more projects in the next 12 months, and another 15 within the next three years. This means that in 2022, those organizations expect to have an average of 35 AI or ML projects in place.

Customer Experience (CX) and Task Automation Are Key Motivators

40% of organizations named CX as their top motivator to use AI technology.

While technologies such as chat bots or virtual personal assistants can be used to serve external clients, most organizations (56%) today use AI internally to support decision making and give recommendations to employees.

“It is less about replacing human workers and more about augmenting and enabling them to make better decisions faster,” Hare said.

Automating tasks is the second most important project type — named by 20% of respondents as their top motivator.

The top challenges to adopting AI for respondents were a lack of skills (56%), understanding AI use cases (42%), and concerns with data scope or quality (34%).

“Finding the right staff skills is a major concern whenever advanced technologies are involved,” said Hare. “Skill gaps can be addressed using service providers, partnering with universities, and establishing training programs for existing employees. However, establishing a solid data management foundation is not something that you can improvise. Reliable data quality is critical for delivering accurate insights, building trust and reducing bias. Data readiness must be a top concern for all AI projects.”

Measuring the Success of AI Projects

The survey showed that many organizations use efficiency as a target success measurement when they seek to measure a project’s merit.

“Using efficiency targets as a way of showing value is more prevalent in organizations who say they are conservative or mainstream in their adoption profiles. Companies who say they’re aggressive in adoption strategies were much more likely instead to say they were seeking improvements in customer engagement,” said Whit Andrews, Distinguished VP, Analyst at Gartner.

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Leading Organizations Expect to Double Number of AI Projects Within Next Year

Organizations that are working with artificial intelligence (AI) or machine learning (ML) have, on average, four AI/ML projects in place, according to a recent survey by Gartner, Inc. Of all respondents, 59% said they have AI deployed today.

The Gartner AI and ML Development Strategies study was conducted via an online survey in December 2018 with 106 Gartner Research Circle Members – a Gartner-managed panel composed of IT and IT/business professionals. Participants were required to be knowledgeable about the business and technology aspects of ML or AI either currently deployed or in planning at their organizations.

“We see a substantial acceleration in AI adoption this year,” said Jim Hare, Research VP at Gartner. “The rising number of AI projects means that organizations may need to reorganize internally to make sure that AI projects are properly staffed and funded. It is a best practice to establish an AI Center of Excellence to distribute skills, obtain funding, set priorities and share best practices in the best possible way.”

Today, the average number of AI projects in place is four, but respondents expect to add six more projects in the next 12 months, and another 15 within the next three years. This means that in 2022, those organizations expect to have an average of 35 AI or ML projects in place.

Customer Experience (CX) and Task Automation Are Key Motivators

40% of organizations named CX as their top motivator to use AI technology.

While technologies such as chat bots or virtual personal assistants can be used to serve external clients, most organizations (56%) today use AI internally to support decision making and give recommendations to employees.

“It is less about replacing human workers and more about augmenting and enabling them to make better decisions faster,” Hare said.

Automating tasks is the second most important project type — named by 20% of respondents as their top motivator.

The top challenges to adopting AI for respondents were a lack of skills (56%), understanding AI use cases (42%), and concerns with data scope or quality (34%).

“Finding the right staff skills is a major concern whenever advanced technologies are involved,” said Hare. “Skill gaps can be addressed using service providers, partnering with universities, and establishing training programs for existing employees. However, establishing a solid data management foundation is not something that you can improvise. Reliable data quality is critical for delivering accurate insights, building trust and reducing bias. Data readiness must be a top concern for all AI projects.”

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The survey showed that many organizations use efficiency as a target success measurement when they seek to measure a project’s merit.

“Using efficiency targets as a way of showing value is more prevalent in organizations who say they are conservative or mainstream in their adoption profiles. Companies who say they’re aggressive in adoption strategies were much more likely instead to say they were seeking improvements in customer engagement,” said Whit Andrews, Distinguished VP, Analyst at Gartner.

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Efficiency is a highly-desirable objective in business ... We're seeing this scenario play out in enterprises around the world as they continue to struggle with infrastructures and remote work models with an eye toward operational efficiencies. In contrast to that goal, a recent Broadcom survey of global IT and network professionals found widespread adoption of these strategies is making the network more complex and hampering observability, leading to uptime, performance and security issues. Let's look more closely at these challenges ...

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