AI is not an entirely new phenomenon in the technology world; especially where Microsoft 365 is concerned. Microsoft have been cultivating AI solutions for years. The businesses who are quick to adopt and use AI as part of their day to day activities have been the most progressive. However, recent studies by McKinsey show that the UK faces a looming skills gap when it comes to AI.
The study states that ‘the UK is in the top quartile of countries on AI readiness, with strong policy and academic foundations, yet the country faces a shortage of people with advanced digital skills, which is at odds with its strengths in academia, and represents a huge missed opportunity.’
Additionally, according to a recent skills report by Microsoft, UK organisations are less likely to be classified as ‘AI pros’ in comparison to the global average (15% vs. 23%). The UK reports a higher failure rate of AI (defined as projects generating no value) than the global average. 29% of UK organisations report projects that aren’t generating value, compared to the global average of 19%. However, UK organisations are on par with their global peers in reporting successful AI projects: 68% vs. 69%.
What does this mean for users of Microsoft 365?
Many organisations are considering the benefits of automation; not just from a monetary cost-saving level, but from a time efficiency standpoint as well. Gone are the days of complex automation offerings; and trying to integrate these with your existing systems. Microsoft 365’s Power Platform does it all.
The ease of which users find the likes of Power BI, Power Automate and Power Apps can help bridge the AI skills gap we see happening in the very near future.
Automation and workflows are very popular demands from business leads. Many see big benefits from improving the way they work through enabling the tools within Microsoft 365. These general benefits can be things like;
- Reducing costs
- Increasing efficiency
- Improving consistency and confidence
- Improving a service
- Creating visible, auditable reports
- Producing reliable Management Information (MI)/ Business Intelligence (BI)
- Process optimisation
Contact us today to find out more about AI for your organisation.