A recent CNBC survey reveals that nearly half of companies consider AI their top spending priority in technology for the coming year, with 63% accelerating their AI investments. A separate Omdia survey supports this trend, indicating that 55% of companies have dedicated AI budgets, signaling a move beyond initial proof-of-concept stages. While AI spending is increasing, executives are divided on its impact on job creation, and concerns about higher interest rates potentially slowing down tech spending persist. Geographically, companies in Asia are investing more in AI compared to North America and Western Europe, with financial services, manufacturing, and telecommunications leading the way across verticals.
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
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