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• The MIT Technology Review Insights report, "Laying the foundation for data- and AI-led growth," is a global study of senior data and technology executives, chief architects, and data scientists.
• The report, sponsored by Databricks, was conducted between June and August 2023, involving a global survey of 600 senior technology executives from 12 countries in North America, Europe, Asia-Pacific, and the Middle East.
• The majority of respondents were C-level executives, with the balance consisting of SVPs, VPs, and heads of IT, AI, data, engineering, and similar roles.
• The eight industries represented are Retail & CPG, Media & Entertainment, Telecommunications, Health care & life sciences, Financial services, Energy, Manufacturing, and Government & Public Sector.
• The report finds that organizations are focused on retooling for a data and AI-driven future, focusing on everything from data architecture to AI-enabled automation.
• The pressure to democratize the power of data and AI creates renewed opportunities for growth and efficiency.
• The report concludes that organizations are ready to shift into higher gear, with the capabilities of generative AI capturing management attention and organizations planning to increase spending on AI capabilities and data infrastructure.

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