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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.


Findings:

  • 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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