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AfricaSystems - April 4, 2022, 3:20 p.m.

Artificial Intelligence

Artificial Intelligence (AI) topped the list of technologies organizations are investing in according to a …

Artificial Intelligence (AI) topped the list of technologies organizations are investing in according to a 2020 global study. The majority of survey respondents identified it as a technology that will be dominant over the next two years. AI was closely followed by related technologies like machine learning, cognitive services and predictive analytics as business technology continues to make an increasing number of decisions and advise decision-making human managers and executives.

In the spring of 2020, IFS conducted a global study of 3,000 IT decision-makers, C-suite executives and individuals working in operations in six markets. The survey instrument solicited insights about the digital transformation projects they have planned and those they have completed. It revealed that a slight majority plan to increase spending on digital transformation despite the fact the sample was gathered during the COVID-19 pandemic. It also looked at the technologies they plan to invest in.

Artificial Intelligence (AI) topped the list of technologies organizations are investing in according to a 2020 global study. The majority of survey respondents identified it as a technology that will be dominant over the next two years. AI was closely followed by related technologies like machine learning, cognitive services and predictive analytics as business technology continues to make an increasing number of decisions and advise decision-making human managers and executives.