ai predictions
The adoption of artificial intelligence (AI) and its impact on businesses stand at a turning point. The global adoption of AI continues to increase yearly as organizations witness its tangible benefits, says Rajan Nagina, Head of AI Practice at Newgen Software.
According to a PWC report, the potential contribution that AI will have by 2030 to the global economy will be to the tune of $15.7tr! A recent IBM survey identified top factors driving AI adoption, including the need to reduce costs and automate key processes, rising competitive pressure, and evolving customer expectations. Undoubtedly, AI will radically shape the dynamics of many industries. And that’s why many digital leaders are rushing into AI investments. To successfully reap the benefits of AI investments, organizational leaders need to understand the trends and the direction in which the AI space is evolving.
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