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"\nThe wider adoption of artificial intelligence and machine learning is “mission-critical” in businesses, according to a majority of CIOs responding to a survey by MIT Technology Review Insights. However, tech leaders say \"internal rigidity\" within their organisations threatens to stall progress.\n\n\n\nAdopting artificial intelligence solutions at scale will require investment in data management solutions, survey finds. (Photo by Gorodenkoff/Shutterstock)\n\n\n\nThe survey explored ways companies are bridging the gap between business intelligence and artificial intelligence, including a survey of 600 C-Suite executives working across 14 industries between May and June this year. All of the respondents worked in organisations with $500m or more in annual revenue.\n\n\n\nThe majority of those polled said their companies were in the process of scaling up the use of artificial intelligence through greater investment in data foundations and that multi-cloud and open standards were integral to any progress.\n\n\n\nJust over half of those surveyed expect AI use to be widespread or critical to business functions by 2025, particularly to IT, finance, product development, marketing, and sales. In total 94% of senior leaders said their companies were already using AI in their line of business and would increase that use in the coming years.\n\n\n\nOne of the biggest barriers to the widescale adoption of AI within an organisation is \"internal rigidity\", the survey found. This includes rigidity of organisational structures and processes, as well as budget constraints for new technologies that are needed to scale.\n\n\n\n!function(){\"use strict\";window.addEventListener(\"message\",(function(e){if(void 0!==e.data[\"datawrapper-height\"]){var t=document.querySelectorAll(\"iframe\");for(var a in e.data[\"datawrapper-height\"])for(var r=0;r\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n"
<https://techmonitor.ai/technology/ai-and-automation/ai-in-business-cio-mit>