in , ,

AI/ML Adoption Accelerates in Public & Private Sectors, Survey Finds

AI/ML Adoption Accelerates in Public & Private Sectors, Survey Finds - top government contractors - best government contracting event

As artificial intelligence and machine learning expand their footprints in the public and private sectors, organizations are increasingly finding that the technology is a top priority for success.

recent survey conducted by cloud computing company Rackspace Technology found that 62 percent of respondents identified AI/ML as a high priority for their organization and up to 72 percent said AI/ML is currently a part of their business or information technology strategy.

The 2022 Annual AI/ML Research Report, which polled 1,870 IT professionals across a range of industries and sectors, also reported that organizations are accelerating their adoption of AI/ML. Sixty-eight percent of survey participants categorized their company’s AI/ML adoption in concept phase or the optimization phase. 

Thirty-two percent said their organization is moving from a proof of concept or pilot to an actual AI/ML solution in production. Rackspace noted that this figure is up 15 percent from last year’s survey findings, representing an increase in the number of companies working to operationalize AI/ML.

The survey also reported that though AI/ML is seeing budget increases and positively impacting organizations, a lack of knowledge and comprehension of the technology persists among leadership and other departments within their organizations. 

AI/ML Adoption Accelerates in Public & Private Sectors, Survey Finds - top government contractors - best government contracting event

To learn more about the applications of AI/ML across government and industry, join ExecutiveBiz Events for the platform’s in-person Applying AI to Data for Cyber Hygiene and National Security Forum on March 10. A diverse roster of AI experts will convene to discuss how organizations can leverage AI/ML for cybersecurity threat detection and incident response while informing a zero trust architecture.

Register now for the forum!

ExecutiveBiz Logo

Sign Up Now! ExecutiveBiz provides you with Daily Updates and News Briefings about Artificial Intelligence

mm

Written by Summer Myatt

AI/ML Adoption Accelerates in Public & Private Sectors, Survey Finds - top government contractors - best government contracting event
McAleese’s FY2023 Defense Programs Conference to Feature Key DOD Leaders
AI/ML Adoption Accelerates in Public & Private Sectors, Survey Finds - top government contractors - best government contracting event
Vectrus, Vertex Announce All-Stock Merger to Create Global Government Services Company; Chuck Prow Quoted