BAKU, Azerbaijan, Apr.7
By Leman Zeynalova - Trend:
Artificial intelligence adoption continues to increase thanks to the added value it generates, McKinsey & Company told Trend.
The companies that started to embed artificial intelligence in their business processes plan to benefit from it also in other areas after seeing the positive results, said the company.
According to the McKinsey Global Survey:
Companies that use artificial intelligence make a sizable jump from the past year across multiple areas of their business;
As a result, their use of artificial intelligence in business processes increases by an average of 25 percent every year;
A majority of executives whose companies have adopted AI report that it has provided an uptick in revenue in the business areas where it is used, and 44 percent say AI has reduced costs.
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