AI readiness on the decline as only 18% of companies fully prepared to embrace AI: Cisco report

Even as AI is dominating industries with more companies scrambling to cash-in on the wave, the reality paints a different picture. Only 18 per cent of companies in India are fully prepared to deploy and use AI-powered technologies. The recently published Cisco 2024 AI Readiness Index report shows that AI readiness was significantly down compared to a year ago when it was 20 per cent.