79% of Corporate Strategists Say AI is Essential

As of right now, an estimated 15% of activities related to strategic planning and the execution of these plans involves any heavy amount of automation with all things having been considered and taken into account. In spite of the fact that this is the case, 79% of strategists working in the corporate sphere are of the opinion that automation and AI will become absolutely critical over the next couple of years.

This information comes from a recent Gartner survey which polled 200 advisors and strategists working in the field. With all of that having been said and now out of the way, it is important to note that around 50% of all activities can be automated if there is enough of a desire to do so. This will triple the amount of automation that is currently being seen, so the optimism of corporate strategists does seem to hold some weight.

As practically every single sector continues to grow, there will be more data to collect and analyze. AI will be able to get this done faster than might have been the case otherwise, and it might force corporations that were hesitant to hop on the AI bandwagon to give it a change.

72% of the people that responded to this survey stated that they are using descriptive analytics, with 62% saying the same for diagnostics. However, predictive analytics are only being used by 42% of respondents, and just 26% stated that they are using prescriptive analytics as well.

This seems to suggest that the more experimental uses for AI are having a tough time getting a wider range of acceptance in the corporate strategist community. Machine learning and natural language processors are also seeing a similar rarity in terms of acceptance, being used by just 20% and 23% respectively.

The shift to AI is clearly under way, but it may take some time for the full effects to come to light. Until then, it will be interesting to see how many strategists and the corporations that they work for are willing to experiment with this brand new form of tech that can transform so many processes.

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