Since 2016, the State of AI and Machine Learning Report has given insight into the adoption, implementation and scale of AI across industries. This large-organization study of senior business leaders and technologists details where organizations are within their AI journey — from the types of data they leverage to the tools they use and budgets they have.
This year’s report reveals a significant year-over-year increase in AI budgets, ranging from $500,000 to $5 million per year, up 55% on last year. In 2021, AI decision makers are moving away from the AI “silver bullet” and towards the use of artificial intelligence to support internal processes, as they focus on better understanding their data, as well as efficiency gains.
Overall, this report will help you understand the broader context of your AI work, what your peers are experiencing, and what dials to turn for AI success.
Download the 2021 State of AI and Machine Learning report for learn:
How AI budgets for companies are on the rise year-over-year
Why many are accelerating their AI strategy as a result of COVID-19 in 2020 and into 2021
Why companies are reporting a higher commitment to data security and privacy
The 2020 State of AI and Machine Learning report can be found here.