A recent CNBC survey reveals that nearly half of companies consider AI their top technology spending priority for the next year, with 63% accelerating their investments. An Omdia survey supports this trend, showing that 55% of companies have dedicated AI budgets, indicating a move beyond initial AI experiments. Geographically, Asian companies are investing more in AI compared to North America and Western Europe, with financial services, manufacturing, and telecommunications leading the way. While AI’s impact on job creation remains uncertain, executives acknowledge that higher interest rates could slow down tech spending overall.
What is the top spending priority for nearly half of companies surveyed?
AI is the top spending priority.
According to a CNBC survey, 47% of companies said AI is their top spending area in technology over the next 12 months.
What percentage of companies have a dedicated AI budget?
55% of companies.
Omdia’s «AI Budgets: Best Practices 2023» report indicates a trend towards substantive, dedicated AI budgets, reflecting continued AI market maturity.
Which industries are the top spenders in AI?
Financial services, manufacturing, and telecommunications.
Financial services lead at 62%, followed by manufacturing at 51% and telecommunications at 49%.
Artículo Original: https://aibusiness.com/verticals/ai-is-top-spending-priority-for-half-of-companies-surveyed
Advices:
- Allocate a dedicated AI budget to move beyond proof-of-concept projects and implement operational AI initiatives.
- Prioritize AI investments in software, services, and SaaS to maximize the impact of your AI budget.
- Focus on AI use cases that enhance customer experience, development tools, and virtual assistants to drive business value.
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