Global AI Exploration and Adoption

Market research commissioned by IBM in 2022 revealed that global AI adoption grew steadily over the last year. Businesses and organizations that adopted AI rose from 31% to 35%. This underscores that AI is poised to accelerate growth as it continues to mature, becoming more accessible and easier to implement.

AI adoption is gradually reaching the level it must. The strategy around the world calls for AI to integrate with employees in critical departments and to permeate every aspect of organizations to cater to market needs and align within industries. It’s just a matter of understanding and embracing the concept of working alongside AI.

As the increasing AI adoption numbers expand, so does the understanding of its uses, employee benefits, cost reduction, and best practices. The sooner employees understand the reality of AI's convenience and advantages for their company and implement it, the better. Embracing this concept and utilizing these tools while depending more on our own abilities to manage and direct AI toward our goals is essential. That is why larger companies are accepting, adopting, and adapting to a reality that is unavoidable for growth, achievement, and survival in this technological era.

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Progressive Technology

The positioning and advancement of AI make its adoption a certainty to maximize performance to your capacity and needs. AI continually advances its capabilities, which provides the public with compelling reasons and guidance for utilizing the best solutions tailored to perform to their needs.

AI is providing new benefits and efficiencies to more countries and industries around the world through new automation advantages such as:

• Easier understanding, application, use, and accessibility
• A wider variety of well-established and illustrated referenced cases
• Companies can apply AI through off-the-shelf solutions like virtual assistants
• Embedding AI into existing business operations and IT processes

A wealth of supporting data emphasizes the significance of accessibility, revealing that 44% of organizations are actively integrating AI into their existing applications and processes.

Key Findings on Global AI Adoption Growth

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AI adoption and strategy‍

AI adoption has made an annual 4% increase since 2021 and reports show that 35% of companies say they have adopted AI in their business while another 42% of businesses say they are in the exploration stages with AI.

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Getting in sync with the market facts is a must‍

Falling behind industry standards is not an advantage you can afford to give to the competition. AI is there for you, as well as for anybody else in the market; so, you must get on board that ship before it sails away . . . with everybody else already on board.

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Workforce augmentation

‍AI is playing a vital role and aiding companies in tackling labor and skill shortages by automating recurring tasks. As indicated by the same survey, 30% of global IT professionals report that their organizations' employees are already benefiting from time savings and acquiring skills using emerging AI and automation tools.

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Though AI adoption differs across companies, geographies, and industries, a significant factor propelling AI adoption is its enhanced accessibility, facilitating easier implementation across organizations. Companies are also turning to AI to increase job automation and drive cost reductions and, globally, AI acceptance is primarily fueled by the desire to automate essential processes.

Furthermore, there is a notable difference in AI adoption between larger and smaller companies. Today smaller companies are still exploring AI or have not pursued its implementation yet, while it is 100% more likely that larger companies have integrated AI into their operations, a significant increase from 69% in 2021.

The continuous advancements in AI technology cater to more specific industry needs over time, making AI tools more user-friendly and accessible. As AI skills become more widespread, its introduction into various sectors continues to grow steadily. To learn about the automotive AI that ICOM AI automates for dealership operations, click here to book your consultation and speak with our industry experts about what challenges you can solve by embedding the right AI solution for your dealership.

Sources:

Bishop, Z. (2022). IBM Global AI Adoption Index 2022 (19052022nd ed.). IBM Media Relations. https://doi.org/https://newsroom.ibm.com/2022-05-19-Global-Data-from-IBM-Shows-Steady-AI-Adoption-as-Organizations-Look-to-Address-Skills-Shortages,-Automate-Processes-and-Encourage-Sustainable-Operations

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