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If you are looking for an answer to the question What is Artificial Intelligence? and you only have a minute, then here's the definition the Association for the Advancement of Artificial Intelligence offers on its home page: "the scientific understanding of the mechanisms underlying thought and intelligent behavior and their embodiment in machines."

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90% Of Saas Buyers Overpay for AI-Driven Services

#artificialintelligenceDec-20-2022, 21:58:10 GMT

AI is becoming a powerful disruptive technology in recent years. One poll showed that 86% of CEOs feel that AI is a mainstream technology that their companies heavily depend on. According to a recent report by SaaS purchasing platform Vertice, 90% of buyers are overpaying for their SaaS, by an average of 20-30%. Many of these buyers are enamored with the idea of using AI to improve their business models, but don't make sure that they are getting the right value from it. And with these tools responsible for so many indispensable business operations, this figure should be ringing alarm bells for companies of all sizes.

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Industry: Information Technology > Software (1.00)

Technology:

Information Technology > Artificial Intelligence (1.00)
Information Technology > Communications > Web (0.96)

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