Cost decreases from adopting AI in global companies 2019, by function

Manufacturing functions benefit the most from the adoption of artificial intelligence (AI) technologies in terms of cost reduction, according to a global AI survey. Thirty-seven percent respondents said that the manufacturing functions in their organizations witnessed cost decreases greater than ten percent in using AI for tasks like predictive maintenance and throughput optimization.

Cost decreases from adopting artificial intelligence (AI) in organizations worldwide as of 2019, by function

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Source

In cooperation with
McKinsey
Release date

November 2019

Region

Worldwide

Survey time period

March 26 to April 5, 2019

Number of respondents

2,360 respondents

Method of interview

Online survey

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Statistics on "Artificial Intelligence (AI)"

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