Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm, said today that it has launched a new artificial intelligence (AI) software research practice to help enterprises take advantage of new AI capabilities available across hundreds of software providers.
The new offering from Ventana Research, the software research business of ISG, provides research and expert guidance on AI technologies to help enterprises transform through AI and generative AI.
Going beyond earlier methods of analytics and machine learning, the transformation of AI received a boost with the late 2022 launch of generative AI, enabling conversational experiences between humans and machines. Over a third (39 percent) of organizations are already finding many positive outcomes from their use of AI, according to a recent ISG Market Lens™ study.
“Our research shows that, over the next three years, more than half of enterprises will realize their AI competencies and skills are insufficient and will require new investments to avoid being at a competitive disadvantage,” said David Menninger, executive director, Technology Research, and head of the new research practice area. “Our new AI expertise area heightens our focus on the evolution of software supporting AI to help enterprises understand and deploy this valuable set of technologies.”