Published: February 12, 2019
AI Investment Driven by Fear of Disruption According to MIT Sloan
To future-proof their organizations, 91.6 percent of executives are accelerating their investments in artificial intelligence and big data initiatives, explains MIT Sloan experts. According to the NewVantage Partners 2019 Big Data and AI Executive Survey, which surveyed 65 Fortune 1000 organizations, the drive for this focus is the fear of disruption.
To successfully compete against highly agile data-driven competitors, Fortune 100 companies are realizing that they must be more adept at leveraging their data assets. They’re recognizing the rapid evolution of AI capabilities and how those can and should be used to provide business value. 91.7 percent of executives in the study identified a need to transform their organizations to be more nimble and data-driven with dollar investments in these areas increasing.
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