AI Key To Our Country’s Future
AI or artificial intelligence applications and use are growing at an rapid pace! Unfortunately, rivals like Russia and China will soon pass us in artificial intelligence proficiency if we do not continue to advance. For example, Russia is making weaponizing AI for military purposes a priority!
Recent Survey Demonstrates AI Analytics | Adoption Rising
Artificial intelligence investments have grown due to the need for enterprise digital transformation during the pandemic. Last year, AI startups raised a collective $73.4 billion in Q4 2020, a $15 billion year-over-year increase. And according to ManageEngine’s new survey, the IT division of Zoho, business deployment of AI is on the rise.
They surveyed 1,200 technology execs at organizations considering the use of AI and analytics. 80% of respondents in the U.S. said that they’d accelerated their AI adoption over the past two years. Moreover, 20% said they’d boosted their usage of business analytics compared with the global average, a potential sign that trust in AI is growing.
“The COVID-19 pandemic forced businesses to adopt — and adapt to — new digital technologies overnight,” ManageEngine VP Rajesh Ganesan, a coauthor of the survey, said in a press release. “These findings indicate that, as a result, organizations and their leaders have recognized the value of these technologies and have embraced the promises they are offering even amidst global business challenges.”
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Artificial Intelligence Applications Are Expanding
ManageEngine’s survey uncovered that the main reason behind business analytics technologies is data-driven decision-making. Seventy-seven percent of respondents said that they’re using business analytics for augmented decision making while 69% said they’d improved the use of available data with business analytics. Sixty-five percent said that business analytics helps them make decisions faster, furthermore, reflecting an increased confidence in AI.
Execs responding to the survey also emphasized the importance of customer experience in their AI adoption decisions, with 59% in the U.S. saying that they’re leveraging AI to enhance customer services. Beyond customer experience, 61% of IT teams saw an uptick in applying business analytics, while marketing leaders saw a 44% surge; R&D teams saw 39%; software development and finance saw 38%; sales saw 37%; and operations saw 35%.
HR was among the groups that showed the lowest increase in business analytics usage, according to the survey. Research shows that companies are indeed struggling to apply data strategies to their HR operations. A Deloitte report found that more than 80% of HR professionals score themselves low in their ability to analyze, a troubling fact in a highly data-driven field.
Still, Ganesan said that the report’s findings reinforce the notion that artificial intelligence is a critical business enabler especially when combined with cloud solutions that can support remote workers. “Increased reliance on AI and business analytics is fueling data-driven decisions to operate the organization more efficiently and make customers happier,” he continued.
Strategic Search Can Assist With AI Talent Recruiting
To learn more about how Strategic Search Corporation can better assist your AI recruitment needs click here for my full contact information or call me today at 312-944-4000. We can then discuss how to improve your R&D (research and development), engineering, scientific, technical, IT (information technology) and manufacturing talent efforts in the highly competitive fields of Artificial Intelligence, Robotics, Internet of Things (IoT) as well as Virtual (and Augmented) Reality.