By Michael Bradshaw, Global Applications, Data and AI Practice Leader at Kyndryl
Today’s business and technology leaders are caught in a global race to capitalize on powerful advances in artificial intelligence (AI). In this competitive arena, it’s exceedingly common to encounter businesses that consider AI a strategic imperative. What’s rarer is finding those convinced their current efforts will lead to future success.
The extent of this paradox is revealed in AI-specific insights from the Kyndryl Readiness Report, a global survey of 3,200 business executives combined with exclusive data from Kyndryl Bridge, our AI-driven digital business platform. While 86% of industry leaders are confident their AI implementation is best-in-class, only 29% feel their posture is ready for future risks. And despite significant investments in AI technologies — from machine learning to generative AI — many leaders are not yet seeing a positive return on those investments.
As highlighted in the findings, ongoing challenges impede AI readiness, including data privacy and security concerns, regulatory requirements, and uncertainty about value as leaders define short- and long-term success. Legacy systems, insufficient data foundations and acute talent shortages also continue to limit enterprises’ ability to fully integrate AI across their operations.