German Companies Falling Behind in AI Preparedness

A Cisco study reveals that German firms have strong AI strategies but lack the infrastructure and expertise to implement them effectively.

Germany has dropped to sixth place in Europe for AI readiness, behind countries like the UK, Italy, and Spain, according to a Cisco study.
Only 6% of German companies are fully prepared for AI adoption, a slight decline from the previous year, while 29% are moderately prepared.
Despite 77% of firms having AI strategies, only 36% have the necessary technical infrastructure, and just 40% have the required skilled workforce.
98% of surveyed companies recognize the growing urgency of AI integration to avoid risks to their business models.
Experts emphasize the need for significant investment in IT infrastructure to prevent Germany from falling further behind globally.