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Survey Exhibits High-Down Stress to Undertake Generative AI

Aug 1, 2023 | San Diego

Survey of 900 C-Suite and Different High Enterprise Executives Globally Reveals:

  • 2 in 3 prime enterprise leaders fear about generative AI’s penalties — particularly because it pertains to bias and disinformation
  • Nearly 9 of 10 executives perceive the deserves and potential of generative AI
  • Knowledge complexity stays daunting, with 85% of respondents seeing little change or fearing larger challenges within the subsequent two years

Executives at massive enterprises throughout the globe are going through unprecedented pressures round adopting generative synthetic intelligence (GenAI), addressing ever-increasing information complexity, and managing a rising expertise hole. That’s in accordance with a brand new IDC survey, sponsored by Teradata* (NYSE: TDC).

GenAI: Prepared or Not, Right here We Come!

Though almost 80% of the 900 international executives surveyed had a excessive or important degree of belief that GenAI could possibly be leveraged for his or her firm’s future choices and operations, extra work is to be executed. Eighty-six % of respondents agree extra governance is required to make sure the standard and integrity of GenAI insights, and 66% additionally expressed issues round GenAI’s potential for bias and disinformation.

Additionally in query is the rising expertise hole round GenAI, with simply 30% saying they’re extraordinarily ready or able to leverage GenAI immediately, and solely 42% fully agreeing they’ll have the talents in place to implement GenAI in 6 to 12 months. Nonetheless, the strain to implement is mounting, with 56% confirming they’re below “excessive” or “important” strain to leverage GenAI inside their group within the subsequent 6 to 12 months.

Generative AI: Emerging challenges in adoption and trust

Furthermore, whereas 89% of these surveyed mentioned they perceive GenAI’s deserves and potential, not all are satisfied it’ll stay the darling of public opinion it’s immediately: Surprisingly, 57% imagine curiosity in GenAI will fade with time.

Doing the Proper Issues

The survey additionally explored issues round information privateness and ethics, notably with ChatGPT changing into a near-overnight phenomenon. Throughout the globe, firms mentioned information ethics and the accountable use of information was paramount (92% of respondents) and 97% mentioned they had been intimately aware of information ethics and the accountable use of information inside their very own organizations. Almost 9 in 10 respondents confirmed they’ve a proper moral information useful resource or board in place.

The survey additionally confirmed firms have gotten digitally mature, with 54% saying the data circulate inside their organizations is both very unconstrained or extremely unconstrained and free flowing.

  • 49% mentioned their firms do a greater than common job and 33% mentioned they carry out at an professional degree of making worth from the information out there inside their organizations.

IT Complexity is on the Rise

The survey additionally revealed the extent to which executives say their organizations have been impacted by main company adjustments during the last two years. These polled famous their firms have seen a brand new or considerably elevated concentrate on financial challenges and geopolitical adjustments/provide chain disruptions/wars/inflation (47% mentioned that is true); a rising inflow in work-from-home and hybrid work (47% famous that is true); and an elevated concentrate on environmental/social and company governance (53% mentioned that is true).

With these further pressures in place, it is probably not stunning that just about 70% of the respondents famous information complexity of their group had elevated, with 20% saying they’ve felt “considerably extra complexity” within the final 24 months.

  • 85% mentioned the complexity will stay fixed or enhance within the subsequent two years
  • 20% stay satisfied information issues will change into considerably extra advanced.

Data complexity: A growing challenge in Tech

*Supply: IDC Govt Preview, sponsored by Teradata, The Potentialities and Realities of Generative AI, IDC # US51015023, July 2023. The analysis was performed amongst 900 senior executives throughout the US, Europe, and Asia in March, 2023. For extra data, go to

Teradata is the linked multi-cloud information platform for enterprise analytics firm. Our enterprise analytics resolve enterprise challenges from begin to scale. Solely Teradata provides you the flexibleness to deal with the large and combined information workloads of the longer term, immediately. Be taught extra at

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