Need more budget for artificial intelligence projects? Point out what the competition may be doing

Photo: Joe McKendrick
  • “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%”

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