Infosys Research Reveals Significant AI Readiness Gap Despite High Productivity Expectations

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On Tue, 29 Oct, 4:02 PM UTC

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A new study by Infosys shows that while companies anticipate substantial productivity gains from AI, only 2% are fully prepared for enterprise-wide AI adoption, highlighting critical gaps in readiness across key dimensions.

AI Readiness Gap Revealed in Global Study

A comprehensive research report by the Infosys Knowledge Institute (IKI) has unveiled a significant disparity between enterprise expectations for AI-driven productivity gains and their actual readiness to implement AI technologies. The study, which surveyed over 1,500 respondents across six countries, found that while companies anticipate substantial benefits from AI adoption, most are ill-prepared to fully integrate AI into their operations 12.

High Expectations vs. Low Readiness

According to the research, enterprises expect an average productivity increase of 15% from their current AI projects, with some anticipating gains of up to 40%. However, a mere 2% of organizations are ready across all five key dimensions identified as crucial for successful AI adoption: talent, strategy, governance, data, and technology 123.

Critical Gaps in AI Readiness

The study highlighted several areas where companies are falling short:

  1. Technology Readiness: Only 9% of companies possess necessary AI capabilities such as machine learning frameworks, prebuilt algorithms, and dynamic compute 12.

  2. Data Challenges: Merely 10% of respondents reported ease of data location and access for AI projects, with 30% rating their data accuracy and governance as poor 13.

  3. Strategy: Just 23% of companies have a strong AI strategy aligned with business objectives 34.

  4. Governance: Only 10% have well-defined governance processes to mitigate risks associated with AI implementation 34.

  5. Talent: Despite the critical role of AI in enterprises, only 21% of respondents said their employees have the requisite knowledge to adopt AI tools and techniques, with just 12% offering adequate training 13.

Five-Step Plan for AI Readiness

To address these gaps, Infosys has outlined a five-step plan for companies to accelerate their AI adoption:

  1. Develop a comprehensive AI strategy aligned with business objectives.
  2. Establish responsible AI governance to manage risks and ensure ethical implementation.
  3. Upskill the workforce to create AI-ready talent.
  4. Prepare data infrastructure to ensure data health and accessibility.
  5. Cultivate a culture of tech-powered innovation 134.

Expert Insights

Mohammed Rafee Tarafdar, Chief Technology Officer at Infosys, emphasized the importance of establishing a robust and scalable foundation for enterprise-wide AI readiness. He highlighted data readiness, enterprise gen AI platforms with responsible AI guardrails, and AI talent transformation as key factors 124.

Jeff Kavanaugh, Head of Infosys Knowledge Institute, stressed the urgency of addressing the AI readiness gap, stating, "AI is not a distant goal; it is the prerequisite foundation for future competitiveness. The time to invest in AI readiness is now" 124.

Implications for the Future

The research underscores the critical need for companies to act swiftly in building AI capabilities. Those who successfully bridge the readiness gap are poised to lead the next wave of innovation and reshape their industries. As AI continues to evolve, including advancements in generative AI, the ability to effectively integrate these technologies will likely become a key differentiator in the global marketplace 1234.

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