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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!

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Written by Summer Myatt

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