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Artificial Intelligence for Business 2019

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R A C O N T E U R . N E T 3 AI INNOVATION IN EUROPE Top countries by number of European AI startups LEADERS There has been a 270 per cent increase in the number of enterprises implementing AI over the past four years, according to research by Gartner, but which countries, sectors and companies are leading the way in terms of deployment? This infographic explores how AI is being adopted in different industries, and where innovation is stemming from TOP AI APPLICATIONS IN USE Percentage of companies that are focused on the following use cases of AI WHERE THE AI TALENT WORKS Distribution of data scientists by sector TOP SECTORS FOR AI STARTUPS Distribution of AI startups by sector 45 166 217 479 75 75 49 196 103 66 6% Education 5% Agriculture 11% Other 21% Health and wellbeing 8% Infrastructure and utilities 8% Transport and travel 11% Retail 18% Finance 12% Media and entertainment 2% Academia 1% Government 10% Other 44% Technology 5% Retail 6% Healthcare/ pharmaceuticals 8% Consulting 9% Advertising/ marketing 14% Financial services 1% Gaming AI DEPLOYMENT BY INDUSTRY AND FUNCTION Percentage of companies that have deployed AI within the following business functions; survey of companies who have piloted and embedded AI only Telecoms High tech Financial services Professional services Electric power and natural gas Healthcare systems and services Automotive and assembly Travel, transport and logistics Retail Pharmaceuticals and medical products Service operations Product and/ or service development Marketing and sales Supply chain management Manufacturing Risk Human resources Strategy and corporate fi nance 75 31 48 49 38 46 46 27 51 23 45 31 59 26 34 41 28 39 34 13 38 27 34 33 36 15 17 15 32 52 26 13 23 7 19 14 21 11 18 38 22 28 20 6 11 19 9 49 4 7 23 3 17 40 15 14 19 2 4 9 17 6 21 9 16 15 18 8 2 8 15 4 17 14 11 14 13 6 3 0 World Intellectual Property Organization 2019 IT automation 47% Quality control/ detecting defects 46% Cybersecurity 41% Predictive analytics 38% Customer service 37% Risk management 34% SOURCES OF AI INNOVATION Top applicants by number of patent families IBM Microsoft Toshiba Samsung NEC Fujitsu Hitachi 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 MMC Ventures/Beauhurst/Crunchbase/Tracxn 2019 MMC Ventures/Beauhurst/Crunchbase/Tracxn 2019 Burtch Works 2018 McKinsey 2018 Deloitte 2018 0-50 51-100 101-200 201-500

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