(Image credit: Getty Images) A lack of digital maturity is holding UK businesses back, hampering growth, and slowing down AI adoption, according to a report from SAP . Businesses face a range of issues when it comes to the maturity of their tech portfolios, with 27% of surveyed firms citing the burden of legacy technology as a key barrier to scale. This highlights the difficulty of integrating advanced technologies into dated systems, SAP said. Data and management infrastructure are also an issue, with over a third (34%) of organizations stating that either a lack of quality data or a lack of quality tools for planning are among the top three challenges affecting business growth. As many as a third of firms indicated that insufficient datasets are hindering AI model training and affecting accuracy, while 32% are struggling with inaccuracies generated by AI systems. “Addressing barriers to growth, like digital immaturity, must be a priority for the UK’s high-growth organizations if they wish to reach their potential,” Wesley Doyle, Head of new business at SAP UKI, said. Similarly, businesses are contending with a significant shortage of skilled talent in the technology sector. More than a third (34%) face difficulties in […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
