Across industries, AI brings unprecedented advantages to businesses and with the introduction of generative AI, interest and adoption are escalating quickly.
According to IDC, enterprises worldwide are expected to invest $151 billion on AI solutions in 2023 and the worldwide AI IT spend will exceed $308 billion by 2026. Despite the growth, there are existing barriers to adoption, including lack of AI governance and risk management solutions.
In this IDC white paper, learn about:
- The new challenges involving risk and complexity that generative AI is creating
- The need for governing AI and machine learning (ML) models
- How organizations are succeeding by proactively adopting AI governance
- Steps to establish a framework to drive trusted, transparent and explainable AI