Key Findings
33% of respondents said that their organizations will be developing data management capabilities in the next 12 months.
Approximately 9 out of 10 AI-adopting respondents, mostly made up of IT professionals, said that AI has met their expectations.
37% of management remain skeptical or have reservations toward AI.
Only 11% of enterprises are currently using GenAI-powered applications, but this number is expected to increase almost fourfold to 42% in the coming year.
IT leaders expect AI to account for nearly 20% of tech budgets in 2025.
Forty-two percent of global organizations plan to institutionalize Generative AI use cases.
More than half of global businesses do not have an AI Governance, Risk and Compliance (GRC) policy in place.
AI spending is expected to nearly triple in 2025 compared with last year.