09-Nov-2017

Artificial Intelligence: Enterprises expect high ROIs

Companies are bullish on AI: The recent Teradata State of Artificial Intelligence for Enterprises report finds that 80 percent of the 260 surveyed international companies are already investing in AI-related technology.

For every US-dollar invested they expect an ROI of close to 3 US$. 61% of respondents say they plan to hire a Chief AI officer in the future.

Companies are already starting to drive revenue from AI, mainly in R&D, customer services and supply chain management. But 91% also see barriers to further AI adoption, like the lack of IT infrastructure and in-house talent.

Companies are bullish on artificial intelligence. Credit: Michal Parzuchowski
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