AI Adoption Skyrocketed Over the Last 18 Months

  • “During the pandemic, for example, Frito-Lay ramped up its digital and data-driven initiatives, compressing five years’ worth of digital plans into six months.
  • Fifty-two percent of companies accelerated their AI adoption plans because of the Covid crisis, a study by PwC finds. Just about all, 86%, say that AI is becoming a “mainstream technology” at their company in 2021.
  • Harris Poll, working with Appen, found that 55% of companies reported they accelerated their AI strategy in 2020 due to Covid, and 67% expect to further accelerate their AI strategy in 2021.
  • Most executives (74%) not only anticipate AI will deliver more efficient make business processes, but also help to create new business models (55%) and enable the creation of new products and services (54%).”

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