Companies investing in artificial intelligence will face increasing pressure to demonstrate returns on their investments in 2025 and beyond, according to Hitachi Vantara CTO for AI Jason Hardy.
AI investment is likely to depend increasingly on demonstrable results.
Only 13% of CFOs surveyed identified 'very positive' ROI, but most plan to continue investing in AI.
A fifth of IT leaders say their AI models hallucinate or make things up.
Only 36% trust their AI outputs more than half of the time.
Data quality is underestimated by companies plunging into Artificial Intelligence and poor data leads to poor results.
76% of IT leaders say their data is unstructured leading to difficulties in organizing it and preparing it for AI use.
Hitachi Vantara's approach is to let the customer identify the area first which requires automation before organizing the relevant data accordingly.
Clients are advised to start with use cases at the periphery first before moving to core business functions to minimize risks.
Hitachi Vantara's approach to helping clients prepare their data varies according to use case requirements.
Hitachi Vantara is developing its own family of foundation models and focusing on industries where the parent has deep expertise.