The field of Artificial intelligence (AI) is rapidly growing across the industries all over the world. Driven by machine learning technologies and expert systems, AI helps businesses in enhancing customer experiences, reducing costs and generating revenues. CxOs are fast realizing that application of AI in organisations can reveal new opportunities and achieve business targets. Businesses across faster growing industry verticals are early adopters of AI and are reaping the benefits when others are following. We welcome you to embark on your successful AI journey if you haven’t already!
Gartner’s 2019 CIO Survey of more than 3,000 executives in 89 countries found that AI implementation grew a whopping 270 percent in the past four years, and 37 percent in the past year alone. “If you are a CIO and your organisation doesn’t use AI, chances are high that your competitors do and this should be a concern,” says Chris Howard, distinguished research vice president at Gartner.