Proof Point
Predictive analytics and machine learning most widely used artificial intelligence applications by executives in Narrative Science survey
Most Widely Used AI Solutions
2017 (percentage of respondents)
| Note: | Data based on Narrative Science's survey of 196 executives from industries such as healthcare, manufacturing, and financial services, with 5% sampling error |
Proof Point Findings
- Artificial Intelligence – Software technologies autonomously performing tasks equal to, or better than, humans
- Data Analytics – Predictive analytics (i.e. using AI to analyze current data to predict future) emerged as top AI solution used by 24.5% of executives in Narrative Science survey, followed by machine learning (i.e. AI enabling computers to learn from data without being explicitly programmed)
- Other AI Uses – Natural language processing (14.4%), voice recognition (14.4%), virtual assistants or chatbots (11.4%) and recommendation engines (11.1%) other AI solutions used by respondents
- Key Drivers - Include exponentially advancing computing power, proliferation of new learning algorithms, and increasing availability of large volumes of company, customer, and industry data
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Business Model and Practices Business Model |
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Sector |
Financial Services, Healthcare/Health Sciences, Industrial Manufacturing
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Source |
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Date Last Updated |
March 6, 2018
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