Generalists vs. Tech Leaders: AI Adoption at Any Stage

Artificial Intelligence (AI) is steadily making its way into all industries. From healthcare to retail, and consumer to enterprise applications, businesses are starting to unlock all the power and benefits AI and machine learning have to offer. One only needs to look at its growth: the AI services market is expected to grow 17.4% year-over-year in 2021, with revenues reaching $37.9 billion by 2024, thanks to a CAGR of 18.4%, according to Statista. Even with the pandemic-laden IT budget setbacks of 2020, AI is here to stay. While the past year has been largely about survival and prioritizing mission-critical IT initiatives, innovation and optimization are making their way back into the fold as work begins to stabilize.