NewVantage Partners has released its 7th annual survey of senior corporate c-executives on the topics of Big Data and Artificial Intelligence (AI) business adoption. The survey was first conducted in 2012 in response to Fortune 1000 business and technology c-executives who sought to understand the potential impact of Big Data and its implications for leading companies. This year, c-executive decision-makers comprised 97.5% of the survey participants, with nearly 65 Fortune 1000 or industry leading firms among the participants. In recent years, Fortune 1000 companies have come to recognize that to compete with highly-agile data-driven competitors, mainstream firms must become more adept at leveraging their data assets – 91.6% of executives report that the pace of investment in Big Data and AI is increasing, while 87.8% report a greater urgency to invest. Yet, mainstream companies face challenges in becoming data-driven.

At the intersection of analytics and smart technology, companies are starting to see the long-awaited benefits of AI. After years of hope and promise, 2018 may be the year when artificial intelligence (AI) gains meaningful traction within Fortune 1000 corporations. This is a key finding of NewVantage Partners' annual executive survey, first published in 2012. The 2018 survey, published on January 8, represented nearly 60 Fortune 1000 or industry-leading companies, with 93.1% of survey respondents identifying themselves as C-level executive decision-makers. Among the 2018 survey participants were corporate bellwether companies, including American Express, Capital One, Ford Motors, Goldman Sachs, MetLife, Morgan Stanley, and Verizon.

Software and web development companies these days, especially those in Australia, bring technology and innovation to customers wherever they may be located in the world. The two most popular technology innovations these days are Big Data and AI. Service providers make use of these hottest technology trends to keep pace with the tough competition and to provide clients only with highly effective and dynamic solutions. At the intersection of smart technology and analytics, companies are beginning to realize the long-awaited benefits of Artificial Intelligence. After years of promise and hope, this year may be the year when AI gains meaningful traction within Fortune 1000 organizations.

At the intersection of analytics and smart technology, companies are starting to see the long-awaited benefits of AI. After years of hope and promise, 2018 may be the year when artificial intelligence (AI) gains meaningful traction within Fortune 1000 corporations. This is a key finding of NewVantage Partners' annual executive survey, first published in 2012. The 2018 survey, published on January 8, represented nearly 60 Fortune 1000 or industry-leading companies, with 93.1% of survey respondents identifying themselves as C-level executive decision-makers. Among the 2018 survey participants were corporate bellwether companies, including American Express, Capital One, Ford Motors, Goldman Sachs, MetLife, Morgan Stanley, and Verizon.

Businesses have long been told to think outside the box--but what about thinking outside the industry? Artificial intelligence (AI) and robotics have brought dramatic improvements in efficiency and overall quality to a wide variety of sectors, including automotive and e-commerce. Can they change the game for telecom companies, too? The idea that what's good for General Motors is good for telcos might seem a bit unorthodox. They are, after all, very different businesses. Yet this year's telco IT benchmarking study (TeBIT)--a survey of European operators' IT spending and performance that was completed in August 2017--suggests that some telcos, at least, are beginning to see how AI and robotics could benefit them.