How legacy tech and poor data is holding GenAI back

Generative AI (GenAI) is the hottest technology right now and full of promise. Since it shot into public awareness back in 2023 we’ve seen incredible leaps in technical capability, with progress and developments happening in days and weeks, not months. Today’s enterprise-grade GenAI applications are truly transforming how organizations operate. 

With promises of greater efficiency and better customer understanding, it’s no wonder the majority of businesses and IT decision-makers feel that GenAI tools can bring great benefits to their organization, launching them into a new era of productivity and innovation. But there are hurdles to overcome on that journey. Dealing with technical debt and getting legacy systems in order is just as much of a priority in the GenAI journey. 

To understand how GenAI promises are coming to fruition, this report captures the opinions of 750 IT decision-makers in enterprises across the US, UK and Germany, uncovering their GenAI hopes as well as the challenges they face in making GenAI adoption a reality in their organization. 

Highlight stats from the report include: 

• 90% expect GenAI integration to help free up to 75% of their existing workloads
• Organizations are dedicating just shy of $2.5 million USD for GenAI implementation in this financial year and $2.7 million USD to overhaul legacy tech
• 57% are planning to update up to 50% of the legacy systems they have in place this year just so they can better use GenAI tools
• 97% believe greater integration between applications would also increase productivity

Innovation awaits! Get your copy of The Code to Unlock GenAI and start your journey to the future, today.