Companies That Receive Moderate to Significant Value From Deploying AI in Selected Business Functions

Companies That Receive Moderate to Significant Value From Deploying AI in Selected Business Functions
Companies That Receive Moderate to Significant Value From Deploying AI in Selected Business Functions

Proof Point

Majority of companies globally that deployed AI across various business functions received moderate to significant value in 2018, with manufacturing and risk benefiting the most, according to McKinsey study

Companies That Receive Moderate to Significant Value From Deploying AI in Selected Business Functions

2018 (percentage)

Note: Data from McKinsey&Company survey of 1226 global companies; “Don’t know” and “No value” responses are not shown

Proof Point Findings

  • Most Benefiting Functions – Manufacturing and risk tied as most mentioned business function where companies get moderate to significant benefits from implementing AI technologies in 2018
  • Positive Impact Across Various Areas – AI deployment also generating positive impact for companies across other business functions, such as supply chain (76%), product development (76%), finance (74%), operations (74%), marketing and sales (69%), and human resources (69%)
  • Key Growth Drivers – Include accelerating sophistication of AI-based applications, increasing business adoption of AI technologies to improve processes, and growing demand to leverage customer and business data to become more competitive

Accelerator

Sector

Cross-sector

Function

Accounting and Finance, Human Resources, Operations, Manufacturing and Production, Sales and Distribution Channels, Supply Chain and Logistics

Source

Date Last Updated

February 12, 2019

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