'Transformative' AI will lead to rapid 25% efficiency gain, according to 81% of tech execs surveyed for new MIT Technology Review Insights research report

The report, "Laying the foundation for data- and AI-led growth," is produced in partnership with Databricks and is based on a global survey of 600 CIOs, CTOs, CDOs, and technology leaders for large public and private-sector organizations and features in-depth interviews with C-level executives. Among the organizations represented are ADP, Condé Nast, Databricks, Dell Technologies, General Motors, Starbucks, Razorpay, Regeneron Genetics Center, and the U.S. Transportation Security Administration.

The report, "Laying the foundation for data- and AI-led growth," is produced in partnership with Databricks and is based on a global survey of 600 CIOs, CTOs, CDOs, and technology leaders for large public and private-sector organizations and features in-depth interviews with C-level executives. Among the organizations represented are ADP, Condé Nast, Databricks, Dell Technologies, General Motors, Starbucks, Razorpay, Regeneron Genetics Center, and the U.S. Transportation Security Administration.

"We are at an inflection point with AI adoption and CIOs are doubling down on their investments to ensure they have the right technology and talent in place to reap the efficiencies of AI democratization," says Naveen Zutshi, chief information officer for Databricks. "Today's early movers will be tomorrow's AI winners. But to be successful, technology leaders must foster a culture where employees feel empowered to experiment with AI in a secure environment that protects data privacy. Only then will companies realize their goals of adopting and scaling AI across the organization."

The findings are as follows:

"With data and AI at the forefront of innovation, our report underscores the commitment of C-suite executives to steer toward a transformative future," says Laurel Ruma, global director of custom content for MIT Technology Review. "Strategic investments, consolidation efforts, and dedication to governance and democratization of AI are not merely choices; they are imperatives for success."

To download the report, click here.

For more information please contact: 
Natasha Conteh
Head of Communications
MIT Technology Review Insights
[email protected] 

About MIT Technology Review Insights

MIT Technology Review Insights is the custom publishing division of MIT Technology Review, the world's longest-running technology magazine, backed by the world's foremost technology institution—producing live events and research on the leading technology and business challenges of the day. Insights conducts qualitative and quantitative research and analysis in the U.S. and abroad and publishes a wide variety of content, including articles, reports, infographics, videos, and podcasts. And through its growing MIT Technology Review Global Insights Panel, Insights has unparalleled access to senior-level executives, innovators, and entrepreneurs worldwide for surveys and in-depth interviews.

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