CIOs are shifting from in-house AI proof-of-concept (POC) projects to commercial AI solutions due to high failure rates of internal efforts and low returns. A Gartner survey revealed that the percentage of companies creating their own AI tools dropped from 50% to 20% in just a year. Many organizations are overwhelmed by the demands of building AI systems, often lacking the necessary expertise and resources. The trend is now towards smaller, niche applications of AI, utilizing proprietary data to derive greater value, while software vendors increasingly promote their AI offerings.
https://www.cio.com/article/3965387/cios-increasingly-dump-in-house-pocs-for-commercial-ai.html