Artificial intelligence for real competitiveness

AI can be a key factor for Latin American companies that want to compete against their counterparts from developed countries. Artificial intelligence, AI, is without a doubt one of the top elements in corporate competitiveness. A study by Tata Consultancy Services revealed that 68 percent of companies think AI is very important to keep their businesses competitive in 2020. The study asked 385 high-level executives from 13 global industry sectors. Companies from the U.S. and Europe lead investment in AI. In 2016, 7 percent of companies each spent $250 million, and 1 percent of those companies plant to spend $1 billion on AI by 2020. AI is not confined to the information technology department. Thirty-two percent of those surveyed said […]