Artificial intelligence (AI) has the potential to deliver substantial benefits to businesses, economies, and societies. As organizations shift AI technology implementation from the proof-of-concept stage to enterprise deployment, employing an enterprise-wide strategy and roadmap is crucial to prevent project-derailing challenges, cost overruns, and failed implementations. Therefore, it is important to analyze organizations’ AI readiness or maturity.

To assess AI maturity, Frost & Sullivan has conducted a global survey of IT and business decision-makers responsible for AI purchases across more than 700 organizations. While many organizations realize the value of AI, the successful application of AI technologies to achieve desired business outcomes depends on several factors, which Frost & Sullivan has assessed and analyzed as part of its proprietary AI maturity framework. The framework focuses on four parameters: AI strategy and roadmap articulation; data readiness; regulatory compliance and policy alignment; and stage of technology and deployment.

This report presents the results of the survey as they relate to AI maturity. It provides a readout of: overall enterprise maturity of AI adoption amongst organizations, maturity of AI adoption by industry verticals, and insights on the stages of AI maturity adoption. It also offers technology vendors and service providers a perspective on AI readiness concerning select parameters to assess potential opportunities that will create customer value and help end users understand the level of maturity in the overall landscape.

Author: Karyn Price