Banner Before Header
Browsing Tag

MIT Technology

EY Study: AI Important to a Company’s Success, but Lack of Skilled Personnel Remains a Barrier

31% Believe Lack of Skilled Personnel Is Greatest Barrier to AI Implementation An EY study of US CEOs and business leaders reveals that most executives recognize the value of artificial intelligence (AI), with 84% believing that AI is important to the future success of their company. At least three in five respondents (62%) said that AI will have a major impact on creating efficiencies at their company, remaining competitive (62%) and gaining a better understanding of customers (60%). In addition, 55% of respondents…

Don’t Get Left Behind: The Business Risk And Cost Of Technology Obsolescence

A new study by MIT Technology Review Insights in association with Oracle finds that companies that have a better understanding of the cost of continuing to operate legacy systems versus shifting to the cloud can make appropriate technology investment decisions. And, when organizations consider the cost of technology obsolescence fully, the urgency of cloud investments for continued viability and productivity gains becomes clear. The report describes a growing gap between companies using legacy systems, compared with those…

More Than Half of Companies Across Asia Pacific Have Adopted AI, According to a New Survey by MIT Technology Review Insights

A new survey by MIT Technology Review Insights, in association with ADP, Infocomm Media Development Authority, Genesys, Splunk, and the Asia School of Business, finds that executives in Asia Pacific are bullish about the prospect of artificial intelligence (AI) transforming their companies. The research, which has been published in two reports, "Asia's AI agenda: The ecosystem" and "Asia's AI agenda: AI for business," is based on a multi-industry survey of 871 senior executives drawn from 13 Asia-Pacific markets. "While…