AI is leading the 4th industrial revolution

The Covid-19 pandemic has had a major impact on the way companies operate and their need to implement innovative solutions in a fast paced and uncertain new world. The past year has widened the gap between organizations that were able to quickly react and implement new technologies, making smart use of data and analytics and those that struggled to keep up with the changing times. While organizations implemented numerous strategies to stay afloat, investment in artificial Intelligence (AI) has emerged as a major game changer for organizations. In fact, PricewaterhouseCooper's (PwC) 2021 annual AI Predictions Report has illustrated the importance companies' value in implementing artificial intelligence. According to the report, a quarter of the companies in the latest AI survey reported widespread adoption of AI, up from 18% the previous year, while another 54% are on their way towards implementation.