LXT Unveils The Path to AI Maturity 2024 Executive Survey
TORONTO, March 14, 2024 /PRNewswire/ -- LXT, an emerging leader in global AI training data, today released its third annual executive survey, The Path to AI Maturity. This latest report found that organizations have taken large steps, with nearly three-quarters (72%) reporting that they have reached higher levels of AI maturity. The most significant shift is in the mid-range, where nearly a third of companies state that AI is now in production and creating value. To achieve this, half of all organizations invest between $1 million and $50 million, and more than ten percent reported an AI budget between $50 million and $500 million.
- This year's report highlights a major shift from experimentation and pilot tests to AI in production, along with the importance of generative AI to the majority of organizations
TORONTO, March 14, 2024 /PRNewswire/ -- LXT , an emerging leader in global AI training data, today released its third annual executive survey, The Path to AI Maturity . - This latest report found that organizations have taken large steps, with nearly three-quarters (72%) reporting that they have reached higher levels of AI maturity.
- "2023 was the year of AI and became an imperative for companies of all sizes," said Mohammad Omar, LXT Founder and CEO.
- "Now more than ever, organizations realize that AI is table stakes to remain competitive, and they are taking the necessary steps to grow in AI maturity.