Top Benefits of Artificial Intelligence (AI)

Proof Point

Product enhancement, operations improvement, and better decision making top benefits of artificial intelligence (AI) in 2018, according to U.S. executives surveyed by Deloitte

Top Benefits of Artificial Intelligence (AI)

2018 (percentage of U.S. respondents)

Note: Data based on Deloitte's survey of 1,100 business and information technology (IT) executives who are knowledgeable on cognitive technologies or artificial intelligence and are working for companies that are testing and implementing AI in U.S. across 10 industries

Proof Point Findings

  • Artificial Intelligence – Software technologies autonomously performing tasks equal to or better than humans
  • Product Development – 44% of executives in 2018 Deloitte survey said enhancement of current products is one of benefits of AI, while 27% said it can help their companies create new products
  • Operations Optimization – More (42%) executives in 2018 cite optimization of internal processes as one of top benefits of artificial intelligence, compared to 36% in 2017, while three in ten still selected improvement of external operations as benefit of AI in 2018, almost same as 2017
  • Decision Making – 35% of participants cited better decision making as benefit of AI, with 27% in 2018 also saying it can help capture and apply scarce knowledge
  • Reduced Headcount – Almost one in four respondents in 2018 selected reducing headcount through automation as primary benefit of AI, more than 22% in 2017
  • 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

Market Disruption

Business Model and Practices

Business Model
and Practices

Sector

Cross-sector

Function

Human Resources, Marketing and Business Development, Operations, Manufacturing and Production, Research and Development

Source

Date Last Updated

February 18, 2019

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