Mohit Gupta, the CEO of Damco Solutions, is a visionary business leader with over 30+ years of industry experience. Read Mohit Gupta's full executive profile here.
Integrating AI is often seen as the ultimate competitive advantage in today's evolving business landscape. However, data readiness is a crucial yet overlooked prerequisite for successful AI implementation. Many enterprises rush to adopt AI without a robust data infrastructure, leading to suboptimal outcomes. According to a, 54% of professionals involved in AI decisions believe their organization lacks the necessary data foundation.
The transformative impact of data readiness on AI implementation can be seen in various use cases. Let us look at an example to understand this better: Organizations can maximize the value of their AI investments by ensuring data readiness. Combining robust data readiness practices with AI capabilities drives innovation, enhances decision-making and offers a competitive edge in the market.Disparate data sources and lack of integration can lead to fragmented data that is difficult to manage and analyze. This is often seen in large organizations where departments use different systems and databases.
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