Varun Sarin

May 15, 2024 | techuk.org | Varun Sarin

Guest blog from Varun Sarin from Credera as part of our #UnleashInnovation campaign week. In March 2024, the National Audit Office (NAO) reported that 70% of surveyed government bodies are either piloting or planning the use of AI, with applications ranging from supporting operational decision-making to enhancing internal processes. In the second instalment of our exploration into AI implementation in the public sector, we delve deeper into key factors essential for scaling AI.

Apr 10, 2024 | techuk.org | Vuong Nguyen |Vương Nhất Nguyên |Varun Sarin

According to , the Generative AI (GenAI) market is expected to reach $1.3 trillion in 2030, from a market size of just $40 billion in 2022. Yet approximately 85% of AI projects fail to deliver on their intended outcomes. So, what this data seems to suggest is: we are excited about the growth and potential of AI, but we struggle to turn ideas into reality.