3 Ways Businesses are using Artificial Intelligence

While many people assume that artificial intelligence is something we'll be seeing well into the future, the truth is, many businesses are already using AI, and are successfully implementing business transformation strategies, connecting with their customers, and scaling faster than ever before. Most of these businesses are located overseas. A recent survey by Vanson Vourne, (commissioned by Infosys) polled business leaders across Australia, the United States, France, Germany, China, the UK, and India with at least US$500m in annual revenue and more than 1,000 staff. Of the 1,600 business leaders surveyed, Australian businesses only invested an average of $7.9m in artificial intelligence last year, and placed last in plans for AI integration and the skills required to implement AI. Andrew Growth, Infosys regional head, says that the results of the survey show that Australia is risking becoming uncompetitive.