South West businesses say greater AI adoption will drive local growth
Most South West firms believe AI adoption will be a key growth driver for the local economy, according to a new survey, as many report AI-related increases in productivity and profitability.
More than half (53%) of businesses in the region say greater AI adoption will be a major factor in economic expansion.
Of the 50% of the region’s businesses already using AI, 87% have seen the technology increase their productivity, and 88% report improved profitability.
The trend emerges from the latest Lloyds’ Business Barometer, wh... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
