AI Products: Should You Build or Buy?

A McKinsey survey reports that nearly 50 percent of firms have fully adopted AI, while an additional 30 percent have implemented AI pilot programs. AI is gaining prominence in advancing areas, creating new business values across different industries. The increasing benefits of AI adoption have changed the equation from if to when and how as AI has become embedded across multiple sectors and operations. With AI proving to be the new imperative in business, the question is: to build or to buy? In 2019, more than 40 percent of organizations will use AI to automate their businesses.