AI Commonplace in 10 Years, Say a Third of UK Managers

TU-Editor

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16th August 2018

Nearly a third of UK companies believe artificial intelligence (AI) will be a common feature of business inside the coming decade.

Research by TomTom Telematics has shown 32% of respondents surveyed think AI adoption will be widespread while 22% believe virtual reality (VR) will also be in common usage. At the same time 20% anticipate the prevalence of in-vehicle working owing to the development of autonomous vehicles (AVs). However, 32% fear they may struggle to keep pace with the rate of technological change with 49% believing those that fail to embrace digitalised processes and the IoT are at greater risk of going out of business.

“Complacency can sound the death knell for businesses,” said Beverley Wise, director UK & Ireland at TomTom Telematics. “Companies should be mindful of the pace of change and keep a close eye on the solutions and processes that will help ensure a competitive future – from smart mobility and connected tech to advanced manufacturing and design systems. Many of today’s new emerging technologies will disrupt and revolutionise commerce, and in the process become the standard for tomorrow.”

The study of 200 senior company managers also saw 46% believing remote working has, or will become, the norm within the next 10 years. Remote working is currently proving more prevalent among larger companies at 58% compared to their SME counterparts at 37%.

“The onus is on businesses, both large and small, to adapt to this new era of hypermobility and connected working that is being ushered in by advancements in areas ranging from telematics and the connected car to iPaaS and blockchain solutions,” added Wise.

“Such connected technologies and unified communication systems are unshackling workers from traditional working patterns – an empowering development that is set to significantly impact productivity and business efficiency.”