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Why Every Company Needs AI

 
 
By Dennis McCafferty  |  Posted 12-15-2017
 
 
 
 
 
 
 
 
 
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    Why Every Company Needs AI
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    Why Every Company Needs AI

    AI is increasing employee productivity, improving cybersecurity and making key contributions to the digital transformation, all while delivering solid ROI.
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    All In
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    All In

    60% of IT decision-makers said their company currently has artificial intelligence (AI) solutions in place, and 40% said they plan to invest in AI within the next two years.
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    Segue Solution
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    Segue Solution

    81% said these solutions have proved critical to the digital transformation.
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    Tangible Value
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    Tangible Value

    96% of survey respondents overall said AI will improve organizational efficiencies, and 94% are confident that the technology will deliver a quantifiable return on investment.
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    Workflow Boost
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    Workflow Boost

    Among those at companies with AI solutions in place, 80% said their teams have become more productive as a result.
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    Inspiring AI
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    Inspiring AI

    81% of survey respondents overall said AI will lead to more meaningful work for IT employees.
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    Staffing Surge
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    Staffing Surge

    80% said AI will drive them to hire new workers and retrain existing employees.
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    Daunting Challenge
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    Daunting Challenge

    Of those at companies with AI solutions in place, 87% said AI tech has emerged as a competitive advantage for their IT department, and 62% believe that their competitors' AI investments may pose a threat to their business.
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    Resume Requirement?
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    Resume Requirement?

    Two-thirds of survey respondents overall said AI skills play a deciding role in hiring.
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    Security Tool, Part I
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    Security Tool, Part I

    Among survey respondents at companies with AI solutions in place, 81% said these solutions detect threats before their security teams do.
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    Security Tool, Part II
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    Security Tool, Part II

    Of those at organizations with AI solutions in place, 77% said their company has prevented more data breaches since they began using these solutions.
 

As if we needed any further validation that the age of artificial intelligence (AI) has arrived: Literally every organization either has AI solutions in place, or plans to invest in the technology over the next two years, according to a recent survey from Cylance. The resulting report, "Artificial Intelligence in the Enterprise: The AI Race is On," reveals that CIOs and other leaders consider AI critical to their digital transformation efforts. It's also boosting organizational efficiencies and productivity, while delivering a quantifiable return on investment. It's even emerging as a formidable cybersecurity tool, able to detect threats before IT teams do. "(AI) powers natural language recognition within voice-powered assistants like Siri and Alexa, beats world-class Go players (Google AlphaGo), and enables hyper-targeted e-commerce and content recommendations across the web, as we see on Amazon and Netflix," according to the report. "But, over the past year or two, AI has begun actively expanding its footprint within the enterprise. Executives are trying to more fully comprehend what AI is and how they can use it to better capitalize on business opportunities by gaining insights into their data and engaging with customers more productively, thereby honing a competitive edge." More than 650 IT decision-makers in the U.S. and Europe took part in the research, which was conducted by Market Cube. For more about the survey, click here

 
 
 
 
 
Dennis McCafferty is a freelance writer for Baseline Magazine.

 
 
 
 
 
 

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