Regardless of this progress, the survey highlights a crucial hole: monetization efforts are but to drive elementary enterprise success. Solely 27% of enterprises in Europe contemplate their present AI use transformative, underscoring the necessity for larger funding in digital infrastructure to unlock AI’s full potential.
Practically all companies in Europe have built-in AI to some extent, with a rising recognition of the significance of sturdy knowledge methods. Two-thirds (65%) of respondents in Europe establish these methods as important for successfully managing and leveraging knowledge belongings to execute AI initiatives efficiently.
Nevertheless, vital challenges stay. Many European enterprises lack the digital infrastructure essential for each knowledge and AI success. Chief amongst these challenges is knowledge storage, with 57% of European enterprises reporting inadequate storage capability to execute their methods. Moreover, 57% acknowledge that their IT infrastructure have to be strategically positioned to make sure efficient deployments. The phenomenon of Knowledge Gravity, the place knowledge accumulates in sure infrastructure corners, exacerbates these points, making it troublesome to maneuver knowledge as a consequence of community bandwidth constraints, software dependencies, and efficiency issues.
Colin McLean, Chief Income Officer at Digital Realty, commented on the findings: “We’re witnessing a decisive shift in the direction of utilizing AI to ship tangible organizational worth. As seen on this survey, attaining this requires digital infrastructure able to managing excessive knowledge volumes, supporting AI workloads, and offering real-time intelligence. A well-crafted knowledge technique is crucial for reaching AI maturity and actual enterprise outcomes. This technique will doubtless embody excessive density colocation and strong, on-demand, interconnection, as a part of the digital infrastructure necessities.”
Recognizing the crucial have to align knowledge location with AI technique is pivotal. AI is being deployed throughout extra places inside organizations, rising knowledge creation and necessitating available, steady knowledge for AI processing, notably on the edge. Practically three-quarters (72%) of respondents in Europe agree that prioritizing knowledge location is important to addressing key challenges, together with storage, processing, interconnection, compliance, and infrastructure suitability.
A scarcity of computational energy can be a rising concern. Over half (53%) of enterprises in Europe lack the mandatory computational energy to run AI processing the place required and to scale with demand. Organizational roadblocks, resembling inadequate management information or assist for data-based AI methods, additional hinder progress.
Enterprise and IT leaders are adjusting budgets to handle rising knowledge volumes and unlock AI’s aggressive benefits. But solely 14% are at the moment utilizing AI to create a aggressive edge, indicating a urgent want for organizations to rethink their knowledge methods to understand a considerable return on AI investments.