Avanade has published a report on the state of artificial intelligence (AI) skills in the business world.
The report, entitled “AI and Me: The Skills Gap”, reveals that while most organisations recognise the value and potential of AI, they lack the talent and expertise to use it fully.
According to the report, which surveyed over 1,200 senior decision-makers across 12 countries, 85 per cent of respondents agree that AI is essential for their organisation’s competitiveness and growth. However, only 16 per cent of respondents say they have enough AI skills in their workforce, and 69 per cent say they face a moderate to extreme AI skills gap.
To overcome these challenges and close the AI skills gap, the report recommends that organisations define clear and aligned AI vision and strategy that aligns with their business goals and values.
They should invest in data management and governance to ensure data quality, security, and accessibility.
Companies must establish a culture of trust and responsibility around AI, addressing ethical, legal, and social implications.
The report concludes that by taking these steps, organisations can unlock the full potential of AI and create a competitive advantage in the digital era.
More than 92 per cent of business leaders agree their organisation needs to shift to an AI-first operating model within the next 12 months to stay competitive.