Laying the foundation for data- and AI-led growth

Laying the foundation for data- and AI-led growth

Enterprise adoption of AI is ready to shift into higher gear. The capabilities of generative AI have captured management attention across the organization, and technology executives are moving quickly to deploy or experiment with it. Many organizations intend to increase their spending on the wider family of AI capabilities and the data infrastructure that supports them by double digits during the next year. And notwithstanding concerns about unfavorable economic conditions, executives see opportunities to leverage data and AI to deliver more growth to their organizations, to both the top and bottom lines.

Based on a global survey of 600 technology leaders and a series of in-depth interviews, this report finds that organizations are sharply focused on retooling for a data and AI-driven future. Everything from data architecture to AI-enabled automation is on the table, as technology executives strive to find new efficiencies and new sources of growth. At the same time, the pressure to democratize the power of data and AI creates renewed urgency to bolster data governance and security.

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