AI technology essential to business, transformative to companies, says report

67% of IT departments are using #AI to detect #security breaches:

  • According to IT Pro Portal, a new study, “Getting Smarter by the Day: How AI is Elevating the Performance of Global Companies” from a global consulting group says that’s because AI technology is becoming entrenched into businesses worldwide.
  • In the study, Tata Consultancy Services said close to 85 percent of companies around the world view AI as an essential part of being competitive in the marketplace.
  • In addition, 50 percent of companies surveyed view AI technology as having a transformative effect on business.
  • “As companies begin to gain a better understanding of AI’s application for business, they will realize the significant impact of this transformative force,” said TCS CTO K. Ananth Krishnan.
  • “This is reflected in our Global Trend Study, which shows that forward-thinking companies are beginning to make major AI investments.”

Tata Consultancy Services says in a report that 85 percent of companies view AI technology as essential to their operations.
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Will Artificial Intelligence Have a Major Impact on B2B Marketing?

Will #ArtificialIntelligence Have a Major Impact on #B2B Marketing?  via @DeepLearn007

  • Only 26% of respondents say they are very confident they understand how AI is used in marketing, and only 10% say their company is using AI as part of its marketing efforts.
  • About the research : The report was based on data from a survey of 500 B2B marketing executives who work for firms with 250 or more employees.
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  • B2B marketing executives say artificial intelligence (AI) will have a significant impact on their marketing efforts in the next five years, but most say they still do not have a firm understanding of the technology, according to recent research from Demandbase .
  • Brian Solis shares why great products, creative marketing, and delightful customer service are no longer enough to win customers.

Artificial intelligence (AI) will play a big role in marketing, B2B marketers say, but they don’t know what AI in marketing would look like nor how AI would integrate with marketing technology.
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​#CXOTALK Reinventing the legal industry with AI, machine learning, and augmented reality

My latest:: Reinventing the legal industry w #AI, machine learning, and augmented reality

  • In the short clip embedded above, Shea explains why the firm invests in knowledge management, artificial intelligence, machine learning, and augmented reality.
  • 80 percent of the law firms surveyed see digital strategy as critical
  • Law firms must respond to the changing demands of consumers just as companies do in other industries.
  • The legal industry has a reputation for being slow to change and behind the curve on adopting new technologies.
  • The firms that adopt and change and innovate will be the haves and the have-nots in the industry.

The CIO for a $2 Billion law firm explains how his organization responds to changing customer expectations with the most modern technology available.
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