The AI-powered enterprise : unlocking the potential of AI at scale

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      <subfield code="a">The AI-powered enterprise</subfield>
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      <subfield code="a">Artificial intelligence offers the chance to change the way we do business, from delivering operational efficiency to massively increasing our understanding of customers and markets. As a result, companies across sectors are engaged in an AI arms race, with investments pouring into AI startups across industries. Just in the US, AI-related firms had raised $18.5 bn in investment by 2019. This report draws on a survey of 950 organizations, with at least one billion dollars in annual revenues and ongoing AI initiatives, as well as in-depth interviews with relevant executives. The research shows that over 50% of organizations have moved beyond pilots and proofs of concept. Although the ones reaching wide-scale, with use cases in production across numerous teams, are only 13%, they are able to reap substantial benefits, including growth in their toplines.</subfield>
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