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Cisco's AI Readiness Index reveals a growing urgency among companies to implement AI, yet only 13% feel fully prepared. Despite 98% of surveyed companies acknowledging increased pressure to adopt AI, readiness has actually declined from the previous year. The report highlights a significant gap between the desire to leverage AI and the actual capabilities of enterprise networks to support it.
Investment in AI continues, with 50% of companies allocating 10% to 30% of their IT budgets to AI initiatives. However, nearly half of the respondents report not achieving expected gains from their AI investments. The findings emphasize the need for organizations to modernize their infrastructure and develop agile strategies to effectively integrate AI technologies.
• Only 13% of companies are fully ready to deploy AI technologies.
• Investment in AI is increasing despite low readiness levels among enterprises.
The AI Readiness Index measures how prepared organizations are to invest in and deploy AI.
Infrastructure modernization is crucial for enterprises to support increasing AI workloads.
GPUs are essential for handling large AI workloads, with many companies lacking sufficient resources.
Cisco provides insights into AI readiness and emphasizes the need for infrastructure modernization.
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