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Research shows that AI has an impact on the UK economy; one of the main donors to the UK’s economic gains from 2017 to 2030 will come up to £200bn+ and will come from AI-steered consumer improvement and computerisation of tasks.
Over 70% of UK CEOs in unison say that in the next 5 business years, AI will impact them significantly.
Applications and technologies that are AI-based, for example computer vision, process optimizations, and voice recognition are finding their way, very quickly, into a broad number of industries. As a business you want to harness the vast amount of data available to improve your customer experience. AI applications can directly affect customer metrics, retention and share of wallet. AI also can simplify processes and reduce costs.