Manufacturing, B2B prepared for AI overhaul
The research included responses from practically 400 professionals at manufacturing and business-to-business (B2B) firms, with 93% of them saying they plan to extend their AI investments over the subsequent 12 months, primarily as a manner to enhance enterprise operations. These outcomes are according to the broader survey, which included respondents from a wide range of different industries, akin to leisure, actual property, monetary providers, and transportation.
The research targeted on investments in generative AI, which is expertise that may produce content material akin to pictures, video, music, speech, textual content, software program code, and product designs. Greater than 40% of respondents mentioned they’ve a optimistic view of the expertise, citing safety as one among their greatest considerations. Different considerations embrace the accuracy of AI-generated outputs, transparency in understanding how AI-based choices are made, job displacement, and making certain responsiveness by way of timeliness and tone.
Regardless of these points, the researchers mentioned the quick tempo of AI funding signifies that the majority firms are open to determining how generative AI may also help enhance their enterprise.
“That is the opportune time to leverage the facility of generative AI,” Mike Sinoway, Lucidworks CEO, mentioned in a press release saying the survey outcomes. “These new applied sciences have important implications for enhanced automation, provide chain administration, and data-driven decision-making in B2B commerce and manufacturing. We have already got shoppers testing new functions for AI each in information administration and purchaser expertise. Those that can swiftly adapt their methods stand the prospect to achieve a aggressive edge.”
The leaders in generative AI spending embrace leisure, expertise, and client merchandise industries, adopted by development and actual property, monetary providers, and transportation. All of these surveyed mentioned they’re directing their AI investments towards three principal areas: improved buyer expertise, automation and effectivity, and general enterprise operations.
