AI Strategy stories - Page 15

HTEC has named Tim Sears as its first Chief AI Officer to spearhead AI strategy, driving scalable solutions across industries including telecom and healthcare.

ICS.AI appoints Dr Crispin Bloomfield to lead UK education AI, aiming to enhance student engagement and operational efficiency across institutions.

Research reveals smaller UK firms and sole traders risk falling behind in AI adoption, with only 37% confident in AI skills amid a widening gap.

Asia-Pacific leaders show the lowest confidence in AI effectiveness globally, yet 70% report steady ROI gains from current AI investments.

Canva has integrated OpenAI's ChatGPT, enabling users to streamline design workflows with AI-powered context-aware tools directly within its platform.

Many marketers waste up to 20% of their budgets on outdated AI tools, struggling to keep pace with fast-moving social media trends and real-time data needs.

Forrester forecasts global generative AI spending to soar from USD $2.3bn in 2023 to USD $13.8bn in 2024, urging firms to optimise escalating costs strategically.

Despite a GBP £1 billion AI infrastructure plan, just 19% of UK executives see the country as a leader, feeling it trails behind the US and China in AI innovation.

Teradata launches AI Factory, an on-premises solution integrating AI and ML tools for secure, compliant private AI in regulated sectors like healthcare and finance.

Over 40% of agentic AI projects are predicted to be cancelled by 2027 due to costs, unclear value, and risk issues, finds Gartner research.

Avoid three common pitfalls when using AI for customer experience: integrate with your systems, avoid costly overhauls, and balance speed with strategy for best results.

NHS risks losing healthtech startups to Gulf states due to regulatory hurdles and stalled AI projects, warns Rhazes AI CEO Zaid Al-Fagih.

By 2027, AI agents will automate or augment half of all business decisions, driving faster, smarter outcomes but requiring strong governance, says Gartner.

UK organisations' AI maturity score dropped 9 points to 35 despite rising investments and over 100 AI projects launched by 56% of businesses surveyed.

NTT DATA is the exclusive advisory partner for Plug and Play's AI Centres of Excellence across North America, supporting startups and corporates with AI innovation.

Cambridge Spark urges all C-suite executives to boost AI knowledge through training, warning that gaps could limit business growth and boardroom decisions.

SAS launches AI Governance Map, aiding organisations to assess and enhance AI governance across oversight, compliance, operations, and culture domains.

AI adoption in UK workplaces saves time and cuts costs, with 72% of users reporting weekly time savings, though security and skills gaps slow use.

While 92% of UK executives see AI's industry impact, only 16% feel ready to lead its adoption, risking their firm's competitive edge.

Gcore appoints AI expert Prof. Feiyu Xu as Board Advisor to bolster its AI strategy and edge computing technology globally.