Build a Post-Pandemic AI Strategy for Resilience, Recovery - InformationWeek

Expectations are high for artificial intelligence's ability to prime businesses for post-pandemic resiliency, and rightfully so. Research firm IDC predicts that global spending on AI will double over the next four years, growing to more than $110 billion in 2024. Research from Accenture also shows that companies that successfully scale AI achieve nearly 3x the return on investment and a 30% premium on key financial valuation metrics. While the hype around this technology is not new, the COVID-19 pandemic sharpened the contrast between those who have professionalized their AI capabilities to scale across the enterprise, and those who have yet to tap into the full value of their AI investments. In an attempt to recover and achieve sustainable growth beyond 2021, it will be crucial for companies to embrace evolving AI capabilities by transforming into an intelligent enterprise that embeds analytics into the core of its operations.