How AI Increases Revenue, Reduces Costs, and Boosts Productivity

Artificial intelligence (AI) is becoming an integral part of the infrastructure that fosters the development of various industries. Companies are increasingly focusing on the return on investment (ROI) from AI technologies and are looking for ways to apply them in their specific cases.

According to NVIDIA's annual report, "State of AI," this year over 3,200 responses were received from around the world, reflecting the current state of AI in financial services, retail, healthcare, and other sectors. The main conclusion: AI is being actively implemented and demonstrates a positive impact on revenue and costs.

This year has seen a rise in the use of AI among companies. 64% of respondents confirmed that they are actively using AI in their operations, while only 8% do not plan to implement it. The highest number of AI users is recorded in North America, with 70% of companies.

Large companies with more than 1,000 employees show higher rates of AI adoption, which is linked to greater investments in infrastructure and specialists. More than 76% of respondents from large companies reported active use of AI.

Financial services, such as Nasdaq, are applying AI to optimize internal processes and enhance user experience. According to Michael O'Rourke, Senior Vice President of Nasdaq, AI helps to integrate data from various businesses and technologies to create better products and services.

Among the main goals of AI implementation, companies aim to create operational efficiencies (34%), increase employee productivity (33%), and open new business opportunities (23%).