ARS MARKET RESEARCH SERVICES PRIVATE LIMITED Obstacles to AI adoptionSuccessful adoption of AI assumes that enterprises are able to overcome any obstacles to adoption whether these are internal or external to the enterprise itself. Enterprises generally find internal obstacles to be a major challenge in comparison to external obstacles. The two leading barriers that enterprises face are characterised as AI skills needs (lack of skills amongst existing staff 45% difficulties hiring new staff with the right skills 57%) and the cost of implementation (cost of adoption 52% cost of adapting operational processes 49% lack of external public funding 36%). The skills barrier is especially important given that it is not primarily related to size or sector but rather all enterprises compete in the same labour market and therefore face skills shortages. www.arsmrs.in
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