Distrust Hinders Global Investment in Artificial Intelligence, According to Qlik

Here’s the translation to American English:

Artificial Intelligence (AI) continues to be a fundamental pillar for business success, but its implementation faces significant challenges that slow down its progress. This is reflected in the latest report released by Qlik, a global leader in data integration, analytics, and AI, following a survey of 4,200 senior executives and decision-makers involved in AI projects.

According to the study, although 88% of business leaders consider AI essential or very important for achieving strategic goals and increasing profits, 61% of global companies are reducing their investments in this technology due to trust issues.

Stalled or Canceled AI Projects

The Qlik report highlights that a large number of AI projects fail to move beyond the planning phase. One in five businesses reports having between 50 and 100 AI projects in the design stage, without reaching implementation. Furthermore, another 20% indicates that it has had to pause or cancel up to 50 projects that were already in advanced stages.

This stagnation jeopardizes return on investment and limits companies’ ability to compete in highly dynamic markets. In light of these challenges, 74% of AI decision-makers view off-the-shelf solutions as a viable way to accelerate the development and adoption of this technology.

Lack of Skills, Governance Issues, and Limited Budgets

Among the identified obstacles, a lack of technical skills for developing (23%) and deploying (22%) AI projects stands out, as well as challenges in data governance (23%), budget constraints (21%), and a lack of reliable data (21%). These factors, combined with distrust in the technology, are hindering its advancement.

The research also reveals that 37% of AI leaders perceive a lack of trust in the technology among senior executives, while 42% indicate that lower-ranked employees also lack confidence in it. Additionally, 21% of respondents believe that customers are not favorable toward the use of AI either.

Training and Communication, Key to Building Trust

Building trust in AI requires not only technical improvements but also educational efforts both within and outside organizations. According to the report, 74% of respondents seek to promote the benefits of the technology among their employees and customers. Likewise, 76% of leaders consider it essential to encourage staff training, while 75% advocate for governments to invest more in training and funding for the development of AI skills.

A Global Opportunity

65% of AI leaders believe their country could lead the development of AI skills globally in the next five years, but this will depend on joint initiatives between companies, governments, and educational sectors.

James Fisher, Qlik’s Chief Strategy Officer, emphasizes that the first step for a successful AI strategy is to define clear use cases with measurable objectives and specific strategies to overcome obstacles. “Trust and support from executives are essential to transform proofs of concept into implementations that generate value,” explains Fisher.

Qlik’s Role in AI Adoption

Qlik continues to support its clients in overcoming challenges in AI implementation by offering tools like Qlik Answers, a self-service solution powered by generative AI. With a portfolio that spans over 40,000 global clients, the company positions itself as a strategic partner in data integration and governance, providing practical and scalable tools that enable organizations to make faster, more informed decisions.

In a landscape where AI is seen as a competitive advantage, overcoming distrust and technical challenges will be crucial to unlocking its true potential.

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