Executive Outlook on Usefulness of AI applications In Daily Work Tasks

Executive Outlook on Usefulness of AI applications In Daily Work Tasks

Proof Point

Data analysis top daily work task expected by executives in Narrative Science survey to be augmented by AI applications

Executive Outlook on Usefulness of AI applications In Daily Work Tasks

2017 (percentage)

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 Analysis – Nearly all (95%) executives surveyed by Narrative Science expect AI applications to make better data analysis, freeing employees for high-value work
  • Improved Accuracy – One in two executives believe automation can reduce errors and inaccuracies by human workers
  • Enhanced Value Proposition and Customer Relationships – One-third of respondents think AI applications can help companies better differentiate products, while almost one-fourth see AI as useful in personalizing communications at scale to customers
  • Key Drivers – Include exponentially advancing computing power, proliferation of new learning algorithms, and increasing availability of large volumes of company, customer, and industry data

Accelerator

Business Model and Practices

Business Model
and Practices

Sector

Financial Services, Healthcare/Health Sciences, Industrial Manufacturing

Source

Date Last Updated

March 13, 2018

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