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Vistage Releases Report on Small Businesses and Artificial IntelligenceSAN DIEGO, Sept. 25, 2018 /PRNewswire/ -- Small and mid-sized companies are beginning to turn to Artificial Intelligence (AI) technologies to stay competitive. According to a recent survey by Vistage, 57.6% of small-midsized business CEOs believe advanced technologies will impact their businesses in the next year, with 29.5% of those indicating that AI will be one of the technologies that has the most impact. Similarly to larger enterprises, small companies are exploring how AI can help predict customer behavior, automate rote tasks, personalize customer experiences, improve go-to-market strategies, manage supply chains and more. Specifically, Vistage's survey of SMB CEOs found:
A new report from Vistage, Artificial intelligence for small and midsize buinesses, recommends small businesses take the following steps to reap the benefits of AI:
"Artificial intelligence is already all around us. While the future of AI is vast and unlimited, the practical applications are just beginning to emerge," said Joe Galvin, Chief Research Officer at Vistage Worldwide. "Early adopters are beginning to realize the benefits of automation and the deep insights harvested from big data. There is no need to become a data scientist or even to hire one. Small business owners can strategically identify and select business applications that have AI embedded in them and look for opportunities to automate the routine that will free their people for more creative work." Read the full report, Artificial intelligence for small and midsize businesses, to learn more about practical applications of AI for small business owners. About Vistage Worldwide, Inc.
View original content to download multimedia:http://www.prnewswire.com/news-releases/vistage-releases-report-on-small-businesses-and-artificial-intelligence-300717799.html SOURCE Vistage Worldwide, Inc. |