NEW YORK, NY, Sept. 11, 2024 (GLOBE NEWSWIRE) -- NEW YORK, NY - September 11, 2024: Dataiku, the Universal AI Platform, and Databricks, the data and AI company, today released survey findings that explore how GenAI has reshaped operations as it becomes a cornerstone of enterprises' business strategy. The findings underscore a wave of growing optimism, as 65% of respondents verified that they are experiencing positive returns on the GenAI projects they have put into production, demonstrating that these initiatives are not only guided by strategic foresight but are also financially rewarding. Nearly all leaders surveyed (90%) are investing in GenAI, highlighting a decisive shift, as 57% of respondents include GenAI as part of their IT and data science budgets, while 33% are creating new budget lines specifically for GenAI projects.
In May 2024, Dataiku and Databricks surveyed 400 global senior AI professionals to uncover year-over-year trends in GenAI utilization, perceptions, investment strategies, and operational challenges since its 2023 report:
"As an industry, we've long talked about the last mile of AI and how to deliver value from the products that will drive the space forward. More than a third of companies now have a dedicated budget for GenAI, and it's become evident how quickly they are embracing the technology and realizing strong returns on their investments," said Conor Jensen, Global Field CDO of Dataiku. "Our survey reveals that AI leaders are starting to think broadly about where they apply analytics and AI across the organization not only to improve but accelerate business outcomes."
"These findings reaffirm that interest in GenAI continues to grow stronger. Yet, organizations face challenges in delivering high-quality GenAI apps," said Prem Prakash, Head of AI Marketing at Databricks. "To solve these challenges, we want to help every business unlock the power of data intelligence by helping them build domain-specific, secure AI systems leveraging their data. Together with Dataiku, we will continue to help every enterprise benefit from GenAI and deliver positive outcomes for their business"
LLM Variety Sustains Competitive Edge
The survey also looked closely at AI leaders' approaches to GenAI model adoption and found a multi-large language model strategy pushes the boundaries of innovation and provides the biggest competitive advantage:
Dataiku was named the Databricks Innovation Partner of the Year at the Data + AI Summit in San Francisco this June for its commitment to innovation and collaboration in the dynamic AI and machine learning landscape. As technological advancement accelerates, particularly with GenAI, Dataiku, and Databricks bring advanced AI capabilities to data and business teams to deliver scalable and secure analytics for AI applications. Get started with Databricks and Dataiku and read more about Building Generative AI Success With Dataiku and Databricks.
About Dataiku
Dataiku is the Universal AI Platform, uniting the technology, teams, and operations needed for companies to build intelligence into their daily operations, from modern analytics to Generative AI. Together, they design, develop and deploy new AI capabilities, at all scales and in all industries. Organizations that use Dataiku enable their people to be extraordinary, creating the AI that will power their company into the future.
Founded in 2013, Dataiku has proven its ability to continue to develop its founding vision for Everyday AI, and to execute on its growth.
Connect with Dataiku through their blog, Twitter/X, LinkedIn, and YouTube.
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