TLDR:
Key points:
- 94% of C-suites make AI a key focus, but only 37% are ready to implement AI now.
- Data readiness is a key issue standing in the way of successful AI implementation.
Key Elements of the Article:
As AI becomes more of a reality for companies to implement, CIOs are discovering that they may not be fully ready for it. A study from Riverbed found that while 94% of C-suites prioritize AI, only 37% are ready to implement it currently. The main obstacle to successful AI platforms is likely data, with many projects underperforming due to data issues.
Organizations need to prioritize building data readiness into their AI plans, ensuring that data is accurate, available, and can yield insights. Companies are hesitant to use sample data, preferring to concentrate on their actual data. High performers in AI are more likely to have their data in working order.
Notable earnings include Oracle’s surge in the market after reporting strong financials and a new partnership with Amazon Web Services. Google is facing antitrust scrutiny in both the U.S. and the EU, with accusations of having a monopoly in the online advertising business.
Apple is in the spotlight for owing $14.3 billion in back taxes to the EU, and also announced a new line of iPhones designed for AI. Additionally, law enforcement in California is testing the potential use of Apple Vision Pro for surveillance, with Orange County Sheriff’s Department exploring virtual real-time data centers.
In terms of strategies and advice, focusing on cyber resilience and consistently showing appreciation for team members are highlighted as important aspects for companies in today’s environment.