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Impacts of data-driven AI in business sectors, Richard Stevens, ICT 2018, 05/12/2018

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Impacts of data-driven AI in Business Sectors
Richard Stevens, IDC
ICT 2018, Vienna
5 December 2018

Veröffentlicht in: Daten & Analysen
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Impacts of data-driven AI in business sectors, Richard Stevens, ICT 2018, 05/12/2018

  1. 1. Evidence Based Big Data Benchmarking to Improve Business Performance Impacts of data-driven AI in Business Sectors 5 December 2018, ICT 2018, Vienna Richard Stevens, IDC
  2. 2. 12/17/2018 DataBench Project - GA Nr 780966 2 AI is mainly used, or being piloted, in large enterprises. Midsize enterprises will start to move within two years. Maturity of AI Adoption in Europe  Among firms in Western Europe, 27% are already using or piloting AI tools, while 27% plan to start using AI within the next two years.  A large majority of large companies are using or piloting AI-enabled systems. In the next two years, AI should be widely adopted or at least piloted by midsize enterprises as well. We are using or implementing We plan to use within 2 years We are evaluating the potential AI adoption is rising fast across Europe
  3. 3. 12/17/2018 DataBench Project - GA Nr 780966 3 2017 2018 2019 2020 2021 2022 17–22 CAGR (%) Banking 2,714.4 4,051.0 5,708.9 7,597.4 9,670.6 12,087 34.8% Construction 280.8 414.1 601.9 840.1 1,077.4 1,335.6 36.6% Discrete manufacturing 1,721.2 2,533.2 3,677.4 4,876.5 6,039.4 7,473.5 34.1% Education 242.2 373.2 533.2 718.0 928.4 1,199.5 37.7% Federal/central government 371.8 558.3 880.4 1,271.2 1,828.4 2,260.4 43.5% Healthcare provider 1,272.4 1,850.4 2,780.0 3,832.7 4,963.1 6,098.2 36.8% Insurance 517.7 782.9 1,087.1 1,452.9 1,846.3 2,559.2 37.7% Media 294.3 442.0 695.3 971.5 1,289.2 1,604.5 40.4% Personal and consumer services 254.0 409.1 652.9 918.5 1,237.3 1,597.7 44.5% Process manufacturing 1,254.6 1,843.5 2,595.6 3,325.0 4,348.3 5,546.0 34.6% Professional services 500.3 756.7 1,065.8 1,410.3 1,836.8 2,596.0 39.0% Resource industries 250.6 383.3 603.1 842.9 1,128.1 1,414.1 41.3% Retail 2,543.4 4,018.8 6,287.1 8,651.7 11,159 14,033 40.7% Securities and investment services 803.5 1,307.4 1,925.7 2,586.1 3,473.3 4,506.7 41.2% State/local government 527.1 775.7 1,155.4 1,537.8 2,054.8 2,774.5 39.4% Telecommunications 1,052.5 1,481.2 2,022.6 2,606.6 3,343.9 4,150.7 31.6% Transportation 567.0 851.9 1,241.9 1,663.1 2,140.3 2,688.4 36.5% Utilities 397.3 584.6 859.6 1,180.5 1,519.9 1,914.0 37.0% Wholesale 352.5 539.1 823.5 1,130.0 1,455.8 1,786.7 38.4% Total 15,917 23,956 35,197 47,412 61,340 77,625 37.3% Top vertical sectors by Spending, 2017: Artificial Intelligence Systems
  4. 4. 12/17/2018 DataBench Project - GA Nr 780966 4 Top 4 industries investing in AI systems in 2018 by % of spend across W. Europe Discrete Manufacturing Process Manufacturing 13% 12% Source: IDC Semiannual AI Systems Spending Guide, H2 2017 Projected CAGR 2018-2022 31%36% 42% 34% Who’s using AI in Europe RetailBanking 15% 14%
  5. 5. DataBench Project - GA Nr 780966 5 Source: IDC, Worldwide Artificial Intelligence Systems Spending 2018–2022 Forecast: Market Opportunity by Industry and Use Case, #US44430518 Top 10 Use Cases by Spending 2017 AI Systems
  6. 6. 12/17/2018 DataBench Project - GA Nr 780966 6 How We’re using AI in Europe
  7. 7. 12/17/2018 DataBench Project - GA Nr 780966 7 How AI is driving Benchmarking in Analytics
  8. 8. 12/17/2018 DataBench Project - GA Nr 780966 8 Linking technical and business benchmarks ECONOMIC MARKET AND BUSINESS ANALYSIS EVALUATING BUSINESS PERFORMANCE Top-down Bottom-up USE CASES = Typologies of technology adoption in specific application domains and/or business processes Benchmarking BD Analytics Estimate the potential economic impact Analyse benchmarking needs and assess their relative importance Classify use cases by industry Economic and industry analysis of BD market Analyze usage and results data with DataBench AI Provide the specific industrial benchmarks to WP Evaluation of business performance Data collection and identification of use cases
  9. 9. DataBench Project - GA Nr 780966 Get in touch with us! www.databench.eu

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