Enterprise AI booming – but as tactical, not strategic tool: Deloitte Internet of Business

Enterprise spending on artificial intelligence (AI) is increasing, with 82 percent of early adopters saying they have seen positive returns on their investment, according to a new report from professional services giant, Deloitte. Fifty-five percent of respondents said they had launched six or more pilot schemes (up from 35 percent a year ago), with 58 percent undertaking six or more full implementations (up 32 percent year on year). According to the second annual State of AI in the Enterprise report, which surveyed 1,100 US executives with early-stage AI projects, the average return on these programmes is 17 percent. Deloitte looked at four types of AI: machine learning; deep learning; natural language processing; and computer vision. Natural language systems are spearheading AI's enterprise growth, with 62 percent of the companies surveyed adopting it, up nine percent year on year.