IDC forecasts that spending on AI technologies will grow to $97.9B in 2023, more than two and a half times the spending level of 2019. In addition:
These and many other fascinating insights are from Deloitte Insights' Survey: State of AI in the Enterprise, Third Edition: Thriving in the Era of Pervasive AI.Deloitte surveyed 2,737 IT and line-of-business executives between October and December 2019 from nine countries. To qualify for the study, all responding executives needed to have experience evaluating, budgeting for and implementing AI investments. Deloitte also recruited technology subject-matter experts in AI and machine learning.
Read more the key insights from the study here