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Strong data strategy crucial for faster Gen AI RoI: IBM's Siddesh Naik
IBM India's AI head says most Gen AI projects fail due to weak data foundations and suggests a phased approach to unlock RoI within 18-24 months
Avik Das New Delhi
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Enterprises will see a comprehensive return on their artificial intelligence (AI) and generative AI (Gen AI) investments in 18–24 months if they adopt a proper data strategy that involves managing data effectively across siloes, according to IBM.
Streamlining enterprise data, having an AI policy, reskilling people, and driving cultural transformation are often cited as key tenets of becoming an AI-first organisation. These all involve significant heavy lifting, which is why Gen AI adoption among enterprises continues to lag behind market expectations. AI is only as good as the data it is trained on.
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