AI deployment in the enterprise skyrocketed as the pandemic accelerated organizations’ digital transformation plans. Eighty-six percent of decision-makers told PricewaterhouseCoopers in a recent survey that AI is becoming a “mainstream technology” at their organization. A separate report by The AI Journal finds that most executives anticipate that AI will make business processes more efficient and help to create new business models and products.
The emergence of “no-code” AI development platforms is fueling adoption in part. Designed to abstract away the programming typically required to create AI systems, no-code tools enable non-experts to develop machine learning models that can be used to predict inventory demand or extract text from business documents, for example. In light of the growing data science talent shortage, the usage of no-code platforms is expected to climb in the coming years, with Gartner predicting that 65% of app development will be low-code/no-code by 2024.