A recent IBM study surveying 2,000 global CEOs indicates a significant acceleration in AI adoption, with plans to more than double investments by 2027. While enthusiasm for AI’s potential is high, many organizations face challenges in integrating these technologies effectively.

Surge in AI Investment Plans

According to the IBM CEO Study, 61% of CEOs are actively adopting AI agents, with expectations to scale their use across enterprises. The study forecasts that AI investment growth will more than double within the next two years .

Integration and ROI Challenges

Despite the optimistic investment outlook, only 25% of AI initiatives have met expected ROI, and just 16% have been scaled enterprise-wide. A significant barrier is the fragmentation of technology systems, with 50% of CEOs acknowledging issues due to rapid investments .

Emphasis on Data Utilization

A majority (72%) of CEOs recognize organizational data as key to unlocking generative AI’s value. However, concerns about data accuracy and bias remain prevalent, with 45% citing these as major challenges .

Strategic Focus Areas

Improving forecast accuracy has emerged as a top priority, rising from fourth place in the previous year. CEOs are investing in innovations that enhance responsiveness to market shifts, emphasizing the need for strategic foresight .