The global and independent platform for the SAP community.

Fivetran and Vanson Bourne—Study on the Use of AI

Data inaccuracies and hallucinations cause major problems when using AI data.
E3 Magazine
May 7, 2024
avatar
This text has been automatically translated from German to English.

Fivetran, a provider of data movement, presents the results of a survey conducted by independent market research specialist Vanson Bourne. The online survey included 550 participants from companies with 500 or more employees in the US, UK, Ireland, France and Germany. 100 participants came from Germany. The survey revealed that almost nine out of ten companies use AI/ML methods to create models for autonomous decision-making. At the same time, companies have problems with data inaccuracies and hallucinations. US companies using Large Language Models (LLMs) report data inaccuracies and hallucinations 50 percent of the time.

The cause of the wasted potential of data specialists and the poor performance of AI programs is the same: inaccessible, unreliable and incorrect data. New approaches to generative AI have brought further complications: 42 percent of respondents have experienced data hallucinations. These can lead to poor decisions because the information base is inadequate. 

In addition, German companies are still in the early stages of using AI (60%), compared to only 39% in the USA and 36% in France. Accordingly, companies there see themselves as advanced: 31% (USA) and 28% (France) use AI that requires little or no human intervention wherever possible. In Germany, this figure is just 14%. Confidence in the results of AI is also low in Germany: only 30% of German companies fully trust the results of generative AI, compared to 47% of US companies and 48% of French companies.

fivetran.com


To the partner entry:

Write a comment

Working on the SAP basis is crucial for successful S/4 conversion. 

This gives the Competence Center strategic importance for existing SAP customers. Regardless of the S/4 Hana operating model, topics such as Automation, Monitoring, Security, Application Lifecycle Management and Data Management the basis for S/4 operations.

For the second time, E3 magazine is organizing a summit for the SAP community in Salzburg to provide comprehensive information on all aspects of S/4 Hana groundwork. All information about the event can be found here:

SAP Competence Center Summit 2024

Venue

Event Room, FourSide Hotel Salzburg,
At the exhibition center 2,
A-5020 Salzburg

Event date

June 5 and 6, 2024

Regular ticket:

€ 590 excl. VAT

Venue

Event Room, Hotel Hilton Heidelberg,
Kurfürstenanlage 1,
69115 Heidelberg

Event date

28 and 29 February 2024

Tickets

Regular ticket
EUR 590 excl. VAT
The organizer is the E3 magazine of the publishing house B4Bmedia.net AG. The presentations will be accompanied by an exhibition of selected SAP partners. The ticket price includes the attendance of all lectures of the Steampunk and BTP Summit 2024, the visit of the exhibition area, the participation in the evening event as well as the catering during the official program. The lecture program and the list of exhibitors and sponsors (SAP partners) will be published on this website in due time.