Techiexpert.com
No Result
View All Result
  • Tech
  • Startup
  • Artificial Intelligence
  • IOT
  • Big Data
  • Cloud
  • Data Analytics
  • Machine Learning
  • Blockchain
No Result
View All Result
  • Tech
  • Startup
  • Artificial Intelligence
  • IOT
  • Big Data
  • Cloud
  • Data Analytics
  • Machine Learning
  • Blockchain
No Result
View All Result
Techiexpert.com
No Result
View All Result

Decision makers see positive impact from IoT, AI, predictive analytics

Sony T by Sony T
December 14, 2018
in Tech news
0
Decision makers see positive impact from IoT, AI, predictive analytics 1
14
SHARES
127
VIEWS
Share on FacebookShare on Twitter

Some of the decision makers are optimistic about the actual impact of the Artificial Intelligence, Internet of Things, blockchain and predictive analytics on the society and business, but costs security concerns and some of the lacking up of skills are barriers to adoption, according to the research.

Titled ‘The Cycle of Progress,’ the study revealed that leaders differ vastly from managers on their organization’s digital transformation.

According to the study which has been revealed, 51% of board members and 33% of the C level respondents believe that they even lead in the adoption of the new latest technologies, in comparison to just 18% of directors and 14% of the departmental heads.

The decision makers in Northern America and Europe are more optimistic about the potential of the digital solutions to boost up their competitiveness as compared with their other peers in Asia and the Middle East, the study started.

The study found that decision makers see a significant positive impact from IoT (48%), predictive analytics (43%) and AI (43%). It also suggested that business leaders in the West tend to have a less optimistic view of AI than their Eastern counterparts. For example, decision-makers in Germany and the UK see AI as having a little or negative impact (29% in both countries), whereas Indian decision makers see it as having a significant or slightly positive impact (95%).

“’The Cycle of Progress’ sounds a warning call for businesses, with a clear ‘perception versus reality’ gap emerging between different levels in organizations, as innovation gathers momentum,” said Srinivasan CR, chief digital officer, Tata Communications.

“CEOs should ask their teams more probing questions and not get carried away by the digital transformation hype. This reality check will help businesses make the most of the latest technology innovations to deliver new customer experiences and reimagine how they operate,” he said.

Tags: Predictive analytics
Share4Tweet2Share1Pin6

Popular this week

  • Renesas Expands IoT Footprint with Sequans Acquisition

    Renesas Expands IoT Footprint with Sequans Acquisition

    2346 shares
    Share 938 Tweet 586
  • Y2Mate.com 2023: How to Download Videos and Audios

    279 shares
    Share 112 Tweet 70
  • Top 10 Omegle Alternatives you might like

    346 shares
    Share 138 Tweet 87
  • What is windows modules installer ? How to Enable/Disable

    132 shares
    Share 53 Tweet 33
  • Does God Play Dice? – A Quantum Perspective

    55 shares
    Share 22 Tweet 14
  • Top 10 YouTube to MP3 Converter Platforms for Free

    103 shares
    Share 41 Tweet 26

Popular Sections On Techiexpert

Artificial Intelligence Big Data Blockchain Blogging Cloud Computing Data Analytics How to Internet Of Things Machine Learning Marketing Trends Social Media Startup news Tech news

Latest Stories on Techiexpert

Evolution of Drone Technologies and Adoption in India

Evolution of Drone Technologies and Adoption in India
Share4Tweet3Share1Pin1

Microsoft Unveils Unified AI Assistant ‘Copilot’ for Windows 11

Microsoft Unveils Unified AI Assistant 'Copilot' for Windows 11
Share4Tweet3Share1Pin1

Kerala Startup Mission’s ‘Huddle Global 2023’ Set to Ignite Thiruvananthapuram in November

Kerala Startup Mission's 'Huddle Global 2023' Set to Ignite Thiruvananthapuram in November
Share4Tweet3Share1Pin1
  • Privacy Policy
  • About Us
  • Contact us
  • Cookie Policy
  • Write For Us

© 2016-2022 All Rights Reserved

No Result
View All Result
  • Tech
  • Startup
  • Artificial Intelligence
  • IOT
  • Big Data
  • Cloud
  • Data Analytics
  • Machine Learning
  • Blockchain

© 2016-2022 All Rights Reserved

Cookie Law Notice
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
SAVE & ACCEPT
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.