With 2019 just around the corner, let’s take a look of the state of AI in the enterprise 2018.
-82% of enterprise AI early adopters are seeing a positive ROI from their production-level projects this year.
-69% of enterprises are facing a “moderate, major or extreme” skills gap in finding skilled associates to staff their new AI-driven business models and projects.
-63% of enterprises have adopted machine learning, making this category the most popular of all AI technologies in 2018.
-59% are using AI-enabled enterprise software purpose-built to provide insights and intelligence that streamlines sales cycles, processes, and workflows.
-37% of AI leaders say their companies have invested $5 million or more in cognitive technologies.
Key insights from the Deloitte’s study include:
- Tech, media, entertainment, and telecommunications enterprises are earning an average 20% or greater ROI on their AI investments today.
- Cybersecurity vulnerabilities are the top concern enterprises have regarding their investments in AI and cognitive technologies, yet 36% still move ahead with projects despite these concerns.
- 39% of enterprises prefer cloud-based services as the delivery platform for AI and advanced technology-based applications, versus just 15% who favor on-premise.
However, if you're an AI startup looking to tap into SEA's explosive growth, be sure to apply to the region's largest startup accelerator and founder community here: http://bit.ly/2r29U8m
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