From GlobeNewswire: 2024-06-27 03:03:00

SoftServe released a study on Gen AI showing only 22% of organizations effectively use the technology. Despite 75% facing skill readiness challenges, most have implemented at least 3 use cases and plan to expand further. Companies cite issues with data readiness and governance when deploying Gen AI.

While data is crucial, only 3% of organizations can leverage a full range of business data types. 88% feel deeper technical expertise is increasingly important. Decision-makers say employees struggle with use case awareness and understanding Gen AI complexity, necessitating external partners with advanced technical capabilities.

Study results show that companies prioritizing data, governance, and skill development are getting the most value from Gen AI. The U.S. leads in unlocking Gen AI value, followed by the UK, Singapore, and Germany. Retail shows the most success harnessing Gen AI value, while FSI leaders face more challenges.

SoftServe emphasizes the need to bridge the gap between expectations and reality in Gen AI strategies. Companies are urged to invest in technical skills and data readiness to move beyond piloting stages successfully. Visit SoftServe’s website for more information on their study and services.



Read more at GlobeNewswire: Global Study Finds Only 22% Effectively Using Gen AI Across