Friday, January 3, 2020

IBM Predicts 80% More Artificial Intelligence Adoption Over 2 Years

A new survey commissioned by IBM leads the firm to predict that adoption of AI in the corporate world will climb dramatically over the next 18 to 24 months, exploding to 80 percent or even 90 percent. 


Global companies are planning to heavily invest in all areas of AI over the next 12 months, IBM says, including:
  • Proprietary AI solutions: 35 percent
  • Off the shelf applications: 34 percent
  • Off the shelf tools to build their own AI models: 33 percent
  • Reskilling and workforce development: 33 percent
  • Embedding AI into current applications and processes: 28 percent
  • R&D: 26 percent

Across industries, most global businesses have either deployed artificial intelligence in their business (34 percent) or are ramping up exploratory phases with AI (39 percent), meaning almost 3 in 4 businesses surveyed are in the AI game.

Large companies are leading AI adoption, with 45 percent of firms over 1,000 citing adoption of AI compared to 29 percent of companies under 1,000 employees. 

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