- IBM predicts significant ROI from AI and generative AI investments within 18-24 months, contingent on a solid data strategy.
- Successful AI adoption requires streamlining data, establishing AI policies, reskilling employees, and promoting cultural transformation.
- 80% of AI implementation time is spent on data preparation, with a strong foundation being vital for effective AI use.
- A phased approach is crucial for enterprises, starting with data collection and quality, followed by ETL processes, then reporting integration and governance.
- Effective AI scaling relies on people and processes, emphasizing the necessity for strong data foundations to ensure meaningful business value from AI initiatives.