New research from Dell Technologies has highlighted concerns among Irish companies that are struggling to keep pace with generative artificial intelligence (GenAI).
71% of respondents to Dell’s research said they are well positioned competitively and have a solid strategy in place to harness the power of AI.
Over half said they are uncertain what their industry will look like in the next three to five years and 49%said they were struggling to keep pace with advancements in GenAI and other technologies.
They cited the lack of the right talent, lack of budget and an outdated technology environment as challenges they face in driving innovation.
59% of organisations said they are training or upskilling employees to use GenAI while six in 10 are providing AI-optimised technology to improve the work experience.
Catherine Doyle, Managing Director at Dell Technologies Ireland, said the research shows that while optimism abounds, many organisations are struggling to keep pace with rapid advancements in technology.
“It’s vital for leaders to not only recognise the potential of GenAI but also to act swiftly in using its potential to turn ideas into tangible innovation,” Ms Doyle said.
“By leveraging the capabilities of Generative AI and investing in the right technology infrastructure, businesses can position themselves for success in this era of unprecedented change,” she added.
Dell Technologies’ Innovation Catalyst Research was based on responses from 6,600 IT and business decision makers across 40 countries including 100 in Ireland.
