Five Common Obstacles in AI Adoption

3 min read

Artificial intelligence (AI) is making inroads into growing number of industries at every size and scale. Enterprise are reaping the benefits of AI implementation, whether moderately or significantly, in various business functions. International Data Corporation (IDC) predicts that the global spending on AI is going to double from $50.1 billion in 2020 to $110 billion in 2024. In a 2020 survey conducted by an analyst firm Cognilytica, 40% of respondents intended to implement AI in one or more identified patterns, and almost 90% indicated to have some sort of in-progress AI implementation within the next two years. Although businesses are increasingly realizing…...

This article is free to read

Login to read the full article


OR
Raviteja Sidda Raviteja is a Senior Product Marketing Executive at VOZIQ. VOZIQ is the only cloud-based predictive retention solution that leverages sophisticated AI that is powered by 10+ targeted machine learning models to enable recurring revenue businesses to predict customers who are at-risk of cancellation and prevent the cancellation by driving large-scale actions through contact center customer care, marketing and field channels. VOZIQ’s solution significantly cuts time-to-value in industries such as home security and automation, pest control, home warranty, energy providers, telecom, and insurance.

Follow DDI

Gain Access to Expert Views

We won't send you spam. Unsubscribe at any time.