BCG global survey “why companies fail on AI”
BCG conducted a global survey with 3,000 managers, scholars and executives about “why companies fail on AI” with only 10% saying that they have a significant financial payout from their investment according to the study.
57% of companies have deployed or piloted own AI projects (44% in 2018).
6 our of 10 have an AI strategy (4 in 2018).
Increase in tech investments and data science but the impact line hasn't changed much.
Generally companies overspend on AI technology and data scientists but fail to change their business processes that could benefit from AI.
Have a look at the full report here: https://www.bcg.com/publications/2020/is-your-company-embracing-full-potential-of-artificial-intelligence
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