According to a new global study conducted by S&P Global Market
Intelligence and commissioned by WEKA, the adoption of artificial
intelligence (AI) by enterprises and research organizations seeking to
create new value propositions is accelerating, but data infrastructure
and AI sustainability challenges present barriers to implementing it
successfully at scale. These challenges have been exacerbated by the
rapid onset of generative AI that has defined the evolution of the AI
market in 2023.
These findings were published today as part of S&P Global's new
2023 Global Trends in AI report. The research findings are based on a
sweeping global survey conducted by S&P Global of more than 1,500 AI
practitioners and decision-makers at medium to large enterprise and
research organizations across APAC, EMEA and North America - one of the largest of its kind to date.
The study identifies the opportunities and obstacles organizations
have encountered in their AI journeys, the unique motivators and value
drivers spurring global AI adoption across industries, and provides
insights into what steps organizations will need to take to succeed with
AI in the future.
"The meteoric rise of data and performance-intensive workloads like
generative AI is forcing a complete rethink of how data is stored,
managed and processed. Organizations everywhere now have to build and
scale their data architectures with this in mind over the long term,"
said Nick Patience, senior research
analyst at 451 Research, part of S&P Global Market Intelligence.
"Although it is still the early days of the AI revolution, one of the
overarching takeaways from our 2023 Global Trends in AI study is that
data infrastructure will be a deciding factor in which organizations
emerge as AI leaders.1 Having a modern data stack that
efficiently and sustainably supports AI workloads and hybrid cloud
deployments is critical to achieving enterprise scale and value
creation."
Key findings from the study include:
AI Adoption and Use Cases Are Accelerating, But Enterprise-Scale Still Remains Elusive
- 69% of survey respondents reported having at least one AI project in production.
- Only 28% say they have reached enterprise scale, with AI projects
being widely implemented and driving significant business value.
- AI has shifted from simply being a cost-saving lever to a revenue
driver, with 69% of respondents now using AI/ML to create new revenue
streams.
Data Management Is the Top Technical Inhibitor to AI Adoption
- The most frequently cited technological inhibitor to AI/ML
deployments is data management (32%), outweighing challenges for
security (26%) and compute performance (20%), evidence that many
organizations' current data architectures are unfit to support the AI
revolution.
Enterprise AI Use Cases Are Shifting From Cost-Savings to Topline Growth
- 69% of respondents cited that their AI/ML projects focus on
developing new revenue drivers and value creation versus 31% still being
cost reduction-focused.
As AI Initiatives Mature, a Hybrid Approach and Multiple Deployment Locations Are Needed to Support Workload Demands
- AI/ML workloads are being deployed in a variety of locations, from
the public cloud to enterprise data centers and, increasingly, edge
sites. Respondents running AI in production leverage more deployment
locations on average (3.2 for training, 2.5 for inference) than those in
pilots and proof-of-concept phases (2.9, 2.3 ).
- The public cloud is the primary deployment location for training AI/ML models (47%) and inferencing (44%).
- Those who leverage the public cloud to run AI/ML are more likely to
leverage a hybrid approach incorporating more locations for both
training (4.2, on average) and inference (3.2), as opposed to those who
do not use the public cloud (2.2, 1.9).
AI's Energy and Carbon Footprint Are Straining Corporate Sustainability Goals, But The Cloud Presents a Path to Improvement
- 68% of respondents indicated they were concerned with the impact
AI/ML had on their organization's energy use and carbon footprint
- 74% of respondents said sustainability is an important or critical motivator for moving more workloads to the public cloud.
Aging Data Infrastructures and Legacy Architectures Directly Impact AI's Sustainability Performance
- 77% of respondents said their data architectures directly impact their sustainability performance.
Organizations Must Get Their Data and Infrastructure 'Houses in Order' to Lead with AI
- Companies leveraging a modern data architecture to overcome
significant data challenges (sources, types, requirements etc.) can
accommodate AI workloads operating across multiple infrastructure
venues.
"This expansive study from S&P Global validates what WEKA
has heard repeatedly from our customers: traditional data
infrastructures are having a direct, negative impact on their ability to
use AI efficiently and sustainably at scale because they weren't
developed with modern performance-intensive workloads or hybrid cloud
and edge modalities in mind," said Liran Zvibel, cofounder and CEO at
WEKA. "Just as you wouldn't expect to use battery technologies developed
in the 1990s to power a state-of-the-art electric vehicle, like a
Tesla, you can't expect data management approaches designed for last
century's data challenges to support next-generation applications like
generative AI. Organizations that build a modern data stack designed to
support the needs of AI workloads that seamlessly span from edge to core
to cloud will emerge as the leaders and disruptors of the future."
To learn more about S&P Global Market Intelligence 2023 Global Trends in AI study, visit
www.weka.io/trends-in-AI to read the full report