This new report from ESI ThoughtLab was conducted alongside our friends over at DataRobot as well as a coalition of other AI leaders. The report shows that despite high adoption rates of AI in enterprises, ROI in AI still remains a work in progress and will take skill, scale, and time.
The study benchmarked the AI practices, performance results, and three-year plans of 1,200 companies in 12 industries and 15 countries. Conducted during the COVID-19 outbreak, the study reveals the value that AI can support a socially distant, digital-first world; yet, companies are still today seeing extremely low ROI and many AI projects are not yet profitable.
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