Need more budget for artificial intelligence projects? Point out what the competition may be doing
“More than two-thirds of executives, 67%, fear their competitors are further along with ‘deep-tech’ solutions, such as artificial intelligence and machine learning.
A majority of large enterprises (defined as those with 1,000 or more employees), 57%, are actively investigating deep tech solutions are doing so to solve a specific existing or emerging business problem.
Competitors making progress with deep tech and needed to match them 37%
Have identified an impending business problem not equipped to handle 28%
Want to be on the cutting edge of innovation to solve currently undefined business problems 20%”