NEWS
European enterprises race to implement AI and automation but strategy lags behind speed
The study , based on a survey of 900 IT decision-makers across seven European countries , revealed an average investment of € 103.4 million in AI and automation over the last two years . Over half ( 59 %) have spent up to € 295 million . These investments are paying off , with 86 % of organisations reporting an average ROI of € 154.7 million .
Ritu Dubey , Head of New Business Sales and Market Development , Digitate , said : “ European enterprises clearly recognise the transformative potential of AI and automation , particularly in addressing their most pressing operational challenges .
European enterprises are accelerating the adoption of AI and automation technologies , with 92 % of organisations implementing these solutions in the past two years , according to new research from Digitate , a leading provider of AI-powered software for IT and business operations .
The report , The Race to Outpace : How AI and Automation are Driving European Enterprises Across the Finish Line , examines AI and automation adoption , challenges , risks , and future implementation . While uptake is widespread , many organisations are still refining their strategies .
“ However , the research indicates that many organisations are implementing these technologies on a departmental basis rather than as part of an integrated vision . To maximise the value of these substantial investments , enterprises need to develop more comprehensive strategies .”
Nokia and EOLO deploy Europe ’ s first 5G standalone mmWave network in Italy
Nokia has signed a four-year deal with EOLO to deploy the first 5G standalone mmWave Radio Access Network in Europe .
The deal supports EOLO ’ s ambitions to connect underserved communities , helping to bridge the digital divide and the digital speed divide in Italy .
Nokia will supply equipment from its 5G AirScale portfolio including Nokia ’ s next-generation , AirScale baseband solutions , Massive MIMO radios and Remote Radio Head products .
Nokia will also provide its compact , Shikra mmWave solution delivering fixed wireless access ( FWA ) services to rural or underserved communities . Included in the solution is a Nokia FastMile 5G mmWave outdoor receiver to reliably connect homes to the mmWave network .
Guido Garrone , CEO , EOLO , said : “ Together with Nokia and the other partners involved in the deal , we will be able to bring FWA connectivity up to 1 Gbps to the whole Italian market . By installing a new 5G infrastructure , we will see the further development of our FWA network that will continue to improve the experience for our customers as well as bridge digital divide and digital speed divide .”
Tommi Uitto , President of Mobile Networks , Nokia , said : “ We are delighted to get to work with EOLO on this important new deal that will introduce innovative connectivity experiences across Italy and help to connect underserved communities .”
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