Artificial intelligence will have a profound impact on our lives and work. Soon it will be everywhere, from our homes to our cars to our offices.
Many believe it will cause a massive displacement of jobs. Others argue that it will enhance our decision-making and make us smarter.
But what do business executives at some of the world’s largest organizations believe about AI? What are they investing in today? What are the biggest barriers and challenges? What value are they expecting from their AI investments? And, what about the impact of AI on jobs and employee morale?
To find out the answers to these questions, and more, Teradata commissioned technology research company Vanson Bourne to conduct a survey of global executive decision-makers on the topic of artificial intelligence for the enterprise.
Senior VP and C-Level executives at 260 organizations globally - 50% of which are organizations with annual revenue of $1B or more - responded to the survey, resulting in some very interesting insights.
For every dollar invested today in AI production, enterprises expect to double the return in 5 years and triple it in 10.
At the highest level, the Teradata “State of AI for Enterprises” survey found that:
Download the study for a deeper dive on how businesses are using AI today, how they expect to use AI in the future, the big roadblocks along the way and how AI will impact some of the biggest companies in the world.