Few inventions in the world have experienced growth as rapid and adoption as widespread as AI. Some people and businesses have embraced this technology with open arms, while others have taken a more skeptical approach. But, regardless of individual perceptions, one thing is clear—the AI revolution is no longer a quiet one, affecting virtually every sector and application. To stand a chance in the fast-paced AI race, companies are designing new ways to integrate data sets, improve decision-making, and better understand the audiences they serve.
With AI projected to contribute $15.7 trillion to the global economy by 2030, 77% of businesses reported either using or exploring the use of AI in their strategies, with 83% making it their top priority. Research shows that this technology is expected to improve employee productivity by 40%, making 90% of organizations support it for its competitive advantage. Another report states that although only 25% of small enterprises are utilizing AI, over 50% of firms with more than 5,000 employees and a staggering 99% of Fortune 500 companies have done the same.
