Fresh numbers from AlfaPeople: How companies will invest in AI implementation
AlfaPeople |
Nov 02, 2024

Fresh numbers from AlfaPeople: How companies will invest in AI implementation

Fresh numbers from AlfaPeople’s report, Microsoft AI Solutions in Business Processes: Outlook 2025, show that companies are increasing their investment in AI implementation. For 2025, 41 percent of respondents will allocate between 6 and 21 percent (or more) of their companies’ IT budgets to AI investments.

This trend is also supported by data from Goldman Sachs Economic Research, which expects global investment in AI technologies to reach $200 billion by 2025. Additionally, Forrester’s Artificial Intelligence Pulse Survey reveals that 67 percent of AI decision-makers plan to increase investment in generative AI in the coming year.

Eagerness to invest in AI implementation

According from Microsoft AI Solutions in Business Processes: Outlook 2025, organizations already using AI in their business processes are eager to invest even more. However, businesses that have not yet adopted AI remain more cautious. Fifty-one percent of organizations using AI features expect to allocate between 6 and 21 percent (or more) of their IT budgets to AI in 2025. Findings from the IDC Business Value of AI Survey 2023 also support this trend. In fact, 43 percent of organizations plan to reduce spending in other areas. This reallocation aims to boost AI investments within the next 24 months.

Potential impact of AI on businesses

Data from Microsoft AI Solutions in Business Processes: Outlook 2025 further highlights why companies are increasing their AI investments. Notably, 91 percent of organizations expect AI to positively impact their business processes within the next two to four years.

Moreover, Forrester’s research emphasizes generative AI as a top emerging technology. Significant returns on investment are projected within the next two to four years. These findings suggest that generative AI will enhance existing processes and fuel substantial growth across various sectors. It will enable new capabilities in productivity and innovation, ultimately transforming business landscapes.

Do you want to learn more about how companies are investing in AI? Download Microsoft AI Solutions in Business Processes: Outlook 2025 now.
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