9 in 10 British businesses plan to invest in new technology including Adaptive AI
Our latest Advanced Trends Survey paints an intriguing picture of the future of British business, with 9 in 10 companies intending to make significant investments in a variety of new technologies within the forthcoming financial year.
by OneAdvanced PRPublished on 13 December 2023 2 minute read
Adaptive AI, along with sustainable technology, neurotech, applied observability, and digital immune systems, takes the lead in this transformative investment approach. Businesses recognise the immense potential of these technologies and are fully embracing them.
The COVID-19 pandemic has necessitated a rethinking of traditional business models, prompting the UK's businesses to explore the advantages of digital transformation. 90% of businesses are now set to invest in an array of technologies, underlining the widespread recognition of the need to adapt and innovate.
Adaptive AI, often known for its learning and evolving attributes, is one such area of interest.
There are several reasons why businesses are choosing to invest in adaptive AI. First, its learning capabilities mean it can continuously improve, becoming more efficient and effective over time. This feature is particularly appealing to businesses as it offers the potential for long-term cost savings and performance improvements.
However, it is not alone. Sustainable technology, for instance, promises incredible potential for businesses aiming for more environmentally-friendly operations. Neurotech, on the other hand, is increasingly being seen as the future of healthcare and wellness, offering ways to understand and enhance human cognition. Applied observability and digital immune systems further the possibilities for enhanced data analysis and cybersecurity.
Just as AI's ability to automate and learn offers exciting prospects, these other technologies hold unique promises for businesses. Sustainable technology brings long-term cost savings and improved public perception. Neurotech holds the potential to revolutionise healthcare, while applied observability can support businesses in making data-driven decisions. Digital immune systems can strengthen the cybersecurity infrastructure, a growing need in today's digital-first world.
However, the adoption of these technologies also poses challenges. These include significant upfront investments and the need for companies to have the required skills, infrastructure and understanding of legal and ethical constraints.
Despite these hurdles, the future of the UK business sector looks promising. Companies are ready to leverage the opportunities offered by these diverse technologies. In conclusion, it's clear that the digital transformation of businesses is not limited to AI but includes a wide array of promising technologies. As businesses increasingly recognise the advantages of adopting such technologies, Advanced is here to support them, offering sector-focused software and expertise both now and in the future.
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