The State of AI
Most businesses (90%) now use or plan to use Artificial Intelligence (AI) and even more (98%) have, or intend to, implement a data strategy. Yet new findings suggest that – while the success of each is reliant on the other – only one in three (35%) businesses with a data strategy say it includes provisions for Artificial Intelligence (AI). Peak's State of AI, 2022 report highlights that many businesses are making investments in both data and AI without connecting the two.
“AI is inherently a data technology, and must function as part of an overarching data strategy, yet the majority of respondents in this survey are thinking about the two separately.”
Richard Potter, co-founder and CEO of Peak.
The amount of data businesses produce is increasing exponentially and current predictions suggest businesses globally will create, capture, copy and consume 97 zettabytes of data this year alone. Implementing a data strategy is essential for defining how to collect, store and put that data to use.
Read more in our State of AI, 2022 report 👇