{"id":22414,"date":"2023-10-23T07:13:42","date_gmt":"2023-10-23T07:13:42","guid":{"rendered":"https:\/\/web3unplugged.io\/blog\/?p=22414"},"modified":"2023-10-23T07:13:43","modified_gmt":"2023-10-23T07:13:43","slug":"gartner-poll-finds-55-of-organizations-are-in-piloting-or-production-mode-with-generative-ai","status":"publish","type":"post","link":"https:\/\/web3unplugged.io\/blog\/gartner-poll-finds-55-of-organizations-are-in-piloting-or-production-mode-with-generative-ai\/","title":{"rendered":"Gartner Poll Finds 55% Of Organizations Are In Piloting Or Production Mode With Generative AI"},"content":{"rendered":"\n<p>In a recent Gartner, Inc. poll of more than 1,400 executive leaders, 45% reported that they are in piloting mode with generative AI, and another 10% have put generative AI solutions into production. This is a significant increase from a Gartner poll conducted in\u00a0March and April 2023, in which only 15% of respondents were piloting generative AI and 4% were in production.<\/p>\n\n\n\n<p>\u201cOrganizations are not just talking about generative AI \u2013 they\u2019re investing time, money and resources to move it forward and drive business outcomes,\u201d said\u00a0Frances Karamouzis, Distinguished VP Analyst at Gartner. \u201cIn fact, 55% of organizations reported increasing investment in generative AI since it surged into the public domain ten months ago. Generative AI is now on\u00a0CEOs\u2019 and boards\u2019 agendas as they seek to take advantage of the transformative potential of this technology.\u201d<\/p>\n\n\n\n<p>The poll included 1,419 respondents who participated in a\u00a0Gartner webinar\u00a0in September 2023 discussing enterprise cost and risks of generative AI. Results of this poll do not represent global findings or the market as a whole.\u00a0\u00a0<\/p>\n\n\n\n<p><strong>Executives Believe Generative AI Investments Outweigh the Risks<\/strong><\/p>\n\n\n\n<p>Seventy-eight percent of respondents believe that the benefits of generative AI outweigh its risks. This is higher than the 68% who reported this sentiment in the earlier poll.<\/p>\n\n\n\n<p>\u201cExecutives are taking a bolder stance on generative AI as they see the profound ways that it can drive\u00a0innovation, optimization and disruption,\u201d said Karamouzis. \u201cBusiness and IT leaders understand that the \u2018wait and see\u2019 approach is riskier than investing.\u201d<\/p>\n\n\n\n<p><strong>Generative AI Investments Scaling Across Multiple Business Functions<\/strong><\/p>\n\n\n\n<p>The poll found that 45% of enterprises are scaling generative AI investments across multiple business functions, with 22% scaling across more than three different functions.\u00a0Software development\u00a0is the function with the highest rate of adoption or investment in generative AI, followed closely by\u00a0marketing\u00a0and customer service (see Figure 1).<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Figure 1. Generative AI Investment by Business Function<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"960\" height=\"411\" src=\"https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2023\/10\/Untitled-3-4.jpg\" alt=\"\" class=\"wp-image-22417\"\/><\/figure>\n\n\n\n<p>Source: Gartner (October 2023)<\/p>\n\n\n\n<p>Growth initiatives were cited as the primary business focus of generative AI investments by 30% of respondents, followed by cost optimization (26%) and customer experience\/retention (24%).<\/p>\n\n\n\n<p>\u201cMany organizations began their\u00a0AI journey\u00a0with an overemphasis on cost optimization and efficiency,\u201d said Karamouzis. \u201cSavvy enterprises have moved beyond this to focus initiatives on efficacy, quantifiable value and business agility in products and services. This ensures visibility, trust and synergy among stakeholders, and most importantly, alignment to business outcomes.\u201d<\/p>\n\n\n\n<p><strong>Generative AI Hype Cycle Identifies Key Technologies Impacting Organizations<\/strong><\/p>\n\n\n\n<p>Gartner predicts that by 2026, more than 80% of enterprises will have used generative artificial intelligence (GenAI) application programming interfaces (APIs) or models, and\/or deployed GenAI-enabled applications in production environments, up from less than 5% in 2023.<\/p>\n\n\n\n<p>In the 2023 Gartner\u00a0Hype Cycle for Generative AI\u00a0three innovations are projected to have a huge impact on organizations within ten years which include GenAI-enabled applications, foundation models and AI trust, risk and security management\u00a0(AI TRiSM)\u00a0(see Figure 2).<\/p>\n\n\n\n<p><strong>Figure 2. Hype Cycle for Generative AI, 2023<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"832\" height=\"519\" src=\"https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2023\/10\/Untitled-2-3.jpg\" alt=\"\" class=\"wp-image-22416\"\/><figcaption>Source: Gartner (October 2023)<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>In a recent Gartner, Inc. poll of more than 1,400 executive leaders, 45% reported that they are in piloting mode with generative AI, and another 10% have put generative AI solutions into production. This is a significant increase from a Gartner poll conducted in\u00a0March and April 2023, in which only 15% of respondents were piloting [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":21838,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-22414","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"rttpg_featured_image_url":{"full":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2023\/09\/Untitled-21-1.jpg",1023,575,false],"landscape":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2023\/09\/Untitled-21-1.jpg",1023,575,false],"portraits":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2023\/09\/Untitled-21-1.jpg",1023,575,false],"thumbnail":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2023\/09\/Untitled-21-1-150x150.jpg",150,150,true],"medium":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2023\/09\/Untitled-21-1-300x169.jpg",300,169,true],"large":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2023\/09\/Untitled-21-1.jpg",1023,575,false],"1536x1536":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2023\/09\/Untitled-21-1.jpg",1023,575,false],"2048x2048":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2023\/09\/Untitled-21-1.jpg",1023,575,false],"post-thumbnail":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2023\/09\/Untitled-21-1.jpg",747,420,false],"graptor-sq-xs":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2023\/09\/Untitled-21-1.jpg",100,56,false]},"rttpg_author":{"display_name":"Admin CG","author_link":"https:\/\/web3unplugged.io\/blog\/author\/admin-cg\/"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/web3unplugged.io\/blog\/category\/news\/\" rel=\"category tag\">news<\/a>","rttpg_excerpt":"In a recent Gartner, Inc. poll of more than 1,400 executive leaders, 45% reported that they are in piloting mode with generative AI, and another 10% have put generative AI solutions into production. This is a significant increase from a Gartner poll conducted in\u00a0March and April 2023, in which only 15% of respondents were piloting&hellip;","_links":{"self":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts\/22414","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/comments?post=22414"}],"version-history":[{"count":1,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts\/22414\/revisions"}],"predecessor-version":[{"id":22418,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts\/22414\/revisions\/22418"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/media\/21838"}],"wp:attachment":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/media?parent=22414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/categories?post=22414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/tags?post=22414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}