Intelligent CIO North America Issue 47 | Page 23

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ORGANISATIONS WITH MATURE IM STRATEGIES ARE 1.5X MORE LIKELY TO REALISE AI BENEFITS

AvePoint report suggests a comprehensive IM strategy may also help overcome top challenges organisations faced during AI implementation , including unintended data exposure and data quality issues .

AvePoint has announced the results of its inaugural AI and Information Management

Report – in collaboration with the Association for Intelligent Information Management ( AIIM ) and the Center for Information Policy Leadership ( CIPL ).
AvePoint surveyed over 750 digital workplace leaders and industries across the world and found that nearly every organisation experiences challenges when implementing Artificial Intelligence ( AI ), with the top challenge being issues with data quality .
Not enough organisations have the proper policies in place today , which exposes them to risks that could be mitigated .
According to the survey , fewer than half of organisations are confident they can use AI safely today .
However , organisations with more mature information management ( IM ) strategies are 1.5x more likely to realise benefits from AI than those with less mature strategies .
Further ,
• Before implementing AI , 71 % of organisations were concerned about data privacy and security ,
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