– One in three UK businesses with over 1,000 employees are actively using artificial intelligence.
– The main reasons for implementing AI are IT automation, security and threat detection, and human resources.
– Two in five UK businesses are currently exploring the use of AI.
– Comparatively, fewer businesses in Australia, Spain, and France have rolled out AI.
– Other areas of interest include business analytics and intelligence, fraud detection, and automation.
– Job security is not a major concern, as fewer organizations are interested in digital labor.
– One in four organizations lack employees with the right skills for AI implementation.
– Cost, data complexity, and ethical concerns are common obstacles.
– IBM suggests that the majority of UK businesses should start training or upskilling workers on AI to address the skill shortage.
New research commissioned by IBM reveals that one in three (37%) UK businesses with over 1,000 employees are now actively using artificial intelligence.
The study, titled ‘IBM Global AI Adoption Index 2023’, found that enterprises are jumping on the AI bandwagon to reap quick and tangible rewards, specifically around IT automation, security and threat detection, and human resources.
As well as the businesses that are already rolling out AI tools, two in five (41%) said that they’re currently exploring using the time-saving tech.
British businesses love AI
Compared with the 37% of British businesses that have already rolled out AI, only 29% of Australian businesses, 28% of Spanish businesses, and 26% of French businesses have done so.
IBM also noted that Australian and Canadian enterprises are less likely than those from the UK to accelerate their rollouts.
Other key areas of interest include business analytics and intelligence, fraud detection, and customer or employee self-service automation. Fortunately for us humans, IBM noted that fewer organizations are interested in digital labor, which suggests that we shouldn’t be worried about job security.
However, the research also underscores the impact of AI on the UK workforce, with one in four (24%) organizations lacking employees with the right skills, and one in five (19%) noting that the global skill shortage continues to affect hiring.
Other obstacles are also prevalent, including costs, data complexity, and even ethical concerns.
This study of more than 2,300 IT professionals makes it clear that enterprises recognize the importance of correctly governed AI, but some barriers remain.
Looking ahead, while the economy is largely out of our hands, IBM reckons the two-thirds (68%) of UK businesses that aren’t training or upskilling workers on AI should start to do so, which should at least have an impact on the skill shortage.
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AI Eclipse TLDR:
A new study commissioned by IBM has found that one in three UK businesses with over 1,000 employees are actively using artificial intelligence (AI). The research, titled ‘IBM Global AI Adoption Index 2023’, reveals that these enterprises are implementing AI to benefit from IT automation, security and threat detection, and human resources. Additionally, 41% of businesses are currently exploring the use of AI tools. Compared to the UK, a smaller percentage of Australian, Spanish, and French businesses have adopted AI. The study also highlights the impact of AI on the UK workforce, with 24% of organizations lacking employees with the necessary skills and 19% facing challenges due to the global skill shortage. The research emphasizes the importance of correctly managing AI, and suggests that UK businesses should invest in training and upskilling workers to address the skill shortage.