Less than a third of companies plan to invest in AI, according to research

According to a survey of independent research firms Vanson Bourne and DXC Technology, 82% of companies agree that investments in artificial intelligence technologies will have a significant impact on the competitiveness of their businesses, but only 29% plan to integrate them into their operations..

The study surveyed about 500 IT and business decision-makers. As a result, it turned out that, despite understanding the prospects of such innovations, many companies still have not included their strategic development plans. The survey also showed that the overwhelming majority of respondents (86%) recognize the importance of artificial intelligence, speaking of the huge potential in the field of forecasting and risk management., changing «rules of the game» On the market.

At the moment, AI-based applications are the most in demand in the insurance sector. Representatives of companies in this area in 45% of cases have already developed corporate strategies for the integration of digital solutions that transform activities.

This is due to an increase in the effectiveness of assessing behavior using IoT sensors, which will transmit personal data to automated platforms. As a result, drivers, those who prefer a safer driving style will pay less for car insurance, and those who lead a healthy lifestyle will be able to save on health insurance.

Less than a third of companies plan to invest in AI, according to research

The study also revealed several main reasons for the lack of specific planning. One is due to business uncertainty about AI, as only 36% of those surveyed said their colleagues fully understand new technologies. Another reason is the variety of application packages that can create problems in system automation of applications..

Learn more about commercial tendencies artificial intelligence in business 2019 described in our analytical material.

text: Ilya Bauer, photo: unsplash, vedomosti

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