Profit Increase From Using AI-Powered Systems By Industry

Profit Increase From Using AI-Powered Systems By Industry

Proof Point

Accenture expects education sector to benefit the most financially from using AI-powered systems, forecasting 84% increase in profit by 2035

Profit Increase From Using AI-Powered Systems By Industry

2035F (percentage)

Proof Point Findings

  • AI-Powered Systems – Technology able to learn, adapt and evolve, eventually eliminating faulty machines and idle equipment
  • AI-Enabled Profit Increase – Growth in industry profitability brought about by process optimization, human labor augmentation and new innovations using artificial intelligence systems, measured by comparing estimated AI-enabled gross value add increase with baseline economic projections per industry
  • Profitable Opportunities – Accenture forecasts education sector (84%) to have highest profit increase by 2035 due to use of artificial intelligence tools, followed by accommodation and food services (74%) and construction (71%)
  • Least Affected – Utilities (9%) and information and communication (17%) sectors expected to have lowest profit increase from use of AI tools
  • Key Growth Drivers – Include exponentially advancing computing power, proliferation of artificial intelligence applications, and increasing demand for automation solutions

Accelerator

Business Model and Practices

Business Model
and Practices

Sector

Cross-sector

Source

Date Last Updated

August 1, 2018

Leave a comment