IBM Study: Companies Investing in AI for Long-Term Success with Open-Source Tools
The Future of AI: Companies Investing in Open Source Tools for Greater ROI and Innovation
Artificial Intelligence (AI) has become a key focus for companies looking to drive innovation and increase their return on investment (ROI). A recent report from IBM highlights the growing interest in using open-source tools to advance AI strategies and achieve positive financial outcomes.
The study, which surveyed over 2,400 IT decision makers from various countries, revealed that 85% of respondents are making progress in executing their AI strategies. What’s more, nearly half of them are already seeing positive ROI from their AI investments.
One of the key findings of the report is the correlation between using open-source tools for AI solutions and financial viability. Companies that currently use open-source AI tools are more likely to report positive ROI compared to those that do not. This highlights the importance of leveraging open-source ecosystems to optimize AI implementations and drive innovation.
Looking ahead to 2025, the data shows that a majority of companies plan to increase their AI investments, with many of them intending to leverage open-source tools for their AI projects. This shift towards open source is seen as a strategic move to enhance AI capabilities and deliver financial returns.
Maribel Lopez of Lopez Research emphasized the importance of defining specific use cases and optimizing AI projects to drive success. Companies are increasingly recognizing the value of using hybrid cloud strategies and open source to advance their AI strategies and achieve positive outcomes.
In terms of strategic changes for 2025, surveyed companies are focusing on using managed cloud services, hiring specialized talent, and utilizing open source to optimize their AI investments. These strategic shifts reflect a greater emphasis on driving AI innovation and achieving tangible results.
Overall, the report highlights the growing importance of open source in companies’ AI strategies. With more organizations planning to use open-source ecosystems as a source of AI tools, the future of AI looks promising. Companies that embrace open source are more likely to achieve positive ROI and launch more AI pilots, signaling a shift towards greater innovation and success in the AI space.
As companies continue to advance their AI projects and focus on specific areas for AI investment, the role of open source will only become more crucial. By leveraging open-source tools and ecosystems, companies can drive AI innovation, optimize their implementations, and ultimately achieve greater financial returns.