Intelligent CIO Europe Issue 90 | Page 21

TRENDING

UK BUSINESSES EMBRACE AI AT RAPID PACE: ADOPTION SURGES BY A THIRD IN PAST YEAR

New data from Amazon Web Services( AWS) reveals a significant acceleration in the adoption of Artificial Intelligence across the United Kingdom.

The latest Unlocking the UK’ s AI Potential report indicates that over half of UK businesses( 52 %) are now utilising AI, with a new adoption occurring approximately every minute.

The report, conducted by independent consultancy, Strand Partners and commissioned by AWS, reveals that AI adoption has grown by 33 % in the past year, outpacing the European average( 27 %) and the uptake of other transformative technologies such as mobile phones during the early 2000s.
Now, more than half( 52 %) of UK businesses are using AI – up from 39 % last year – with the vast majority( 92 %) of businesses who have adopted AI reporting increased revenue. This is a noticeable increase from 2023, which showed that 64 % of businesses reported increased revenue thanks to the adoption of AI.
While AI adoption is growing and it’ s clear that AI yields demonstrable benefits for those who have adopted the technology, a gap is starting to emerge between the UK’ s startups and large enterprises.
An emerging two-tier economy
While AI adoption is growing and it’ s clear that AI yields demonstrable benefits for those who have adopted the technology, a gap is starting to emerge between the UK’ s startups and large enterprises.
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