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Cisco

CEOs Fear AI Knowledge Gaps Could Stifle Growth

February 10, 2025 by Newsdesk

A new Cisco study reveals a paradox: while 80% of CEOs recognize AI’s benefits, 74% fear knowledge gaps will hinder decision-making. 53% worry about losing competitive advantage, yet most are investing in technology, infrastructure, and cybersecurity to close the gap. Cisco’s Jeetu Patel warns, “Companies will either be AI-driven or irrelevant.”

Despite concerns over skills shortages and IT gaps, 96% of CEOs are leaning on trusted partners and technology leaders to navigate AI adoption. Cisco’s research underscores the urgency for businesses to modernize networks and cybersecurity to remain competitive.

Want to know more? Check out the source code on Newswire.ca.

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