IBM Report: Canadian CEOs Embrace AI
Canadian CEOs leading in AI adoption, transforming workforces, and securing data
- 72% adopting AI agents ahead of global peers
- 50% hiring for AI-related roles which did not exist a year ago
- 14% of AI initiatives have scaled enterprise-wide, compared to 16% globally
The study, which surveyed 2,000 CEOs across 33 countries and 24 industries — including 80 Canadian C-Suite leaders — shows 72% of Canadian CEOs are actively adopting AI agents and preparing to implement them at scale, compared to 61% globally. Yet, these leaders also say only 14% of AI initiatives have successfully scaled AI across their organizations. Further, only 27% of AI initiatives have delivered expected ROI.
"Canadian CEOs are taking bold steps to integrate AI into their operations, signalling a clear understanding of its transformative potential," said
"AI has been business needs-driven to ensure that we can start small and scale – that we can test its adoption, get people working on it, and then scale it across our operations," said CEO
Canadian CEOs Prioritize Data and Risk-Taking as Keys to AI Success
The study indicates success in AI adoption hinges on a strong, cohesive business data strategy, and Canadian CEOs are prioritizing data as the foundation for innovation and global competitiveness. Key findings reveal:
- 76% of Canadian CEOs are investing in technologies before fully understanding their ROI, compared to 64% globally, underscoring a willingness to experiment.
- 69% are willing to take more risks than competitors to maintain a competitive edge.
- 43% identify poorly integrated or insufficient data as a significant barrier to AI innovation.
- 68% agree proprietary data is critical to realizing the full potential of generative AI.
- 79% view integrated enterprise-wide data architecture as vital for enabling AI-driven transformation.
Canadian CEOs: Workforce Upskilling a Key Priority for AI Adoption
Insights from the report indicate that, to stay competitive in an AI-driven future, Canadian CEOs are adopting innovative strategies to address workforce challenges, including reskilling existing talent, hiring for emerging AI-related roles, and integrating AI assistants into workflows. With 50% of Canadian CEOs hiring for positions that did not exist a year ago and 58% planning to use automation to bridge skill gaps, it is clear that workforce transformation is a priority. Rapid AI training is also becoming essential, as CEOs say 33% of the workforce will require retraining to meet the demands of an AI-powered world.
As Canadian organizations accelerate AI adoption, preparing employees to adapt to the operational and cultural shifts brought by these technologies has become a priority. YVR's
To view the full study, visit: https://www.ibm.com/thought-leadership/institute-business-value/en-us/c-suite-study/ceo
For more information about
For media inquiries, please contact:
SOURCE