AI Implementation Status: Insights from 2020 Survey PPT

This PPT slide, part of the 26-slide Artificial Intelligence (AI) Strategy: Top Priorities PowerPoint presentation, presents findings from a 2020 PwC Research survey involving 1,062 business leaders, highlighting the challenges associated with implementing Artificial Intelligence (AI) at an organizational level. It indicates a stark contrast in executives' perceptions over 2 years regarding the deployment of AI. In 2019, 20% of respondents planned for organization-wide AI implementation,, but this figure plummeted to just 4% in 2020. This decline signals a growing awareness of the complexities involved in scaling and industrializing AI technologies.

The bar chart on the right categorizes the current status of AI initiatives among the surveyed executives. A significant 42% are still in the phase of investigating potential uses for AI, suggesting that many organizations are in the exploratory stage rather than actively implementing solutions. Following this, 23% are conducting pilots within discrete areas, while 18% have already implemented AI in multiple areas. Only 13% plan to deploy AI across multiple areas, and a mere 4% aim for enterprise-wide deployment.

The slide concludes with a note on the reasons behind the reduced enthusiasm for broad AI deployment. It emphasizes the necessity for organizations to focus on foundational elements before attempting to scale AI initiatives across the enterprise. This insight is crucial for decision-makers considering AI investments, as it underscores the importance of a phased approach to implementation, prioritizing pilot programs and discrete applications before committing to broader strategies.

This slide is part of the Artificial Intelligence (AI) Strategy: Top Priorities PowerPoint presentation.

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