Forbes December 2, 2024
Patrick (PJ) Jean is CPO/CTO at intelligent automation company, ABBYY.
The ongoing excitement and high expectations for artificial intelligence have had no small impact on businesses’ investment priorities. MarketsandMarkets projects the global AI market to reach $407 billion by 2027—up from $86.9 billion in 2022.
The momentum of this trend is so pervasive that 98% of organizations globally plan to bolster AI investments, causing 63% of IT leaders to worry that their company will fall behind if they don’t do the same, according to research from our company.
However, this en masse investment wasn’t new in 2024. We’ve been promised profound value, and we’ve been warned of the trough of disillusionment. Now that enterprises have had time to reap what...
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