Synced Released 2018 Fortune Global 500 Public Company Artificial Intelligence Adaptivity Report
By: Synced 机器之心
In this report, Synced examines how the key industrial players deal with AI in the past few years. The report targeted 640 companies that are enlisted on the Fortune Global 500 list from the year 2013 to 2017. After reviewing over 100,000 company press releases and more than 3,000 annual reports and white papers, the analyst team finally zoomed in on 145 public companies from 17 different sectors that stated the use of AI technologies.
"This report looks at how the biggest industry players tap into AI. We hope this serves as a shortcut reference for business leaders, AI scientists, analysts, and everyone interested in embrace the wave of intelligence transformation and putting AI technologies to practical use," according to Chain Zhang, the report Producer, Co-Founder & Head of Global Operations of Synced.
The last few years are seen as the key window of opportunity for AI research breakthroughs and commercial deployment. In the academia, global AI research publication numbers grew from around 70 in 2013 to 1,400 in 2016. The global investment in AI grew from $1 billion in 2013 to $14 billion in 2017. There are also some 20 sets of strategies and action plans announced by governments around the world. Yet the actual deployment process of the related AI technologies is in for the long haul and requires efforts from all levels of society.
"The introduction of AI to any organization can be complicated, involving internal staff, external suppliers, and end customers. Sound AI applications will expedite social transformations, whereas the malfunctioning ones will blow up the capital bubble, on top of wasting time and human resource," Robert Tian, principal author of the report, Senior Consultant of Synced, commented.
The report is a recap of the interesting trends and facts that Synced found, which reviews how industrial behemoths implement the technology in their production, products, and services.
Key Trends and Observations
High AI Adaptive Companies: These companies notice AI at the right time. The majority are from the Financial and Technology sectors and announce their AI strategies in congruence with the overall timing trend. Many focus their efforts on products, R&D, and forging partnerships;
Low AI Adaptive Companies: These companies notice AI much earlier than the industrial average. Aerospace & Defense, Engineering & Construction sectors have the highest proportion of mal-adaptors. Many focus their efforts on external liaison and marketing;
The Complicated Adopters: The complicated adopter has performance impacted by other corporate activities or external turbulence. Synced offers a full list examining the complications;
For each of the three categories, Synced introduces two company case studies to illustrate, namely BP, Amazon, General Electric, Amazon, Wells Fargo, and SAIC Motor. The report wraps with a checklist for the all to-be AI adopters.
How to access this report?
There are two ways to acquire the report: