5 Highlights from PwC’s 2022 AI Business Survey

AI success is becoming common. Here’s how according to PwC data, leaders are leveraging data, cloud and analytics for a bigger payoff.

What sets the champion companies apart from competitors? PwC’s fourth annual AI business survey puts light on what AI leaders are doing right. The key to their success? Instead of emphasizing one goal, they take a three-dimensional holistic approach. The study explores that companies are advancing with AI in three areas at once: business transformation, enhanced decision-making, and modernized systems and processes.

Of the 1,000 respondents in the PwC survey, 364 “AI leaders” are taking 5 holistic approaches and reaping the rewards. They are:

1. Think better, faster, longer-term: Make decisions with AI support
2. Simulate everything: Seize AI’s virtual power
3. Put a number to it: Assess and predict AI’s ROI
4. Protect yourself: Make your AI responsible
5. Recruit, retain and automate: Solve labor market challenges with AI

Related Post

DATA SCIENCE

Retailers are using the power of data science, artificial intelligence, machine learning and analytics to be smarter with growth, faster with operations and be more customer centric.

LATEST TRENDS

As we skid into 2023 with caution and hope, we’re evaluating how the pandemic has accelerated staffing trends. Finding and securing the right talent for the right role 

ARTIFICIAL INTELLIGENCE

As post-pandemic hiring surges continue, how will recruiters leverage human and artificial intelligence to spot unconscious bias and weigh diversity? Click here to read more