Data And AI Adoption: The Strategic Imperative For Modern Enterprises
Forbes July 2, 2024
Mohit Gupta, the CEO of Damco Solutions, is a visionary business leader with over 30+ years of industry experience.
Integrating AI is often seen as the ultimate competitive advantage in today’s evolving business landscape. However, data readiness is a crucial yet overlooked prerequisite for successful AI implementation. Many enterprises rush to adopt AI without a robust data infrastructure, leading to suboptimal outcomes. According to a Harvard Business Review survey, 54% of professionals involved in AI decisions believe their organization lacks the necessary data foundation. Hence, the first question to answer is: why should data readiness precede AI adoption?
Critical Role Of Data Readiness
Data readiness serves as the bedrock of successful AI implementation. Before an organization can harness AI to...