Story 4: How Big Data is driving AI: Selected Examples of AI Applications across European Industries
The aim of this story is to investigate how companies and organizations can generate economic, operational and organizational benefits by leveraging Big Data and AI applications in a number of different industries and vertical markets. Through extensive desk research and a series of in-depth interviews, the story aims at:
- identifying the reasons and needs underpinning the decision to develop and deploy AI applications in Europe today;
- examining the way in which European companies and organizations across a multitude of sectors and industries apply AI technologies;
- uncovering the underlying benefits for companies and organizations that successfully deploy AI solutions - improved decision making and more impactful decisions, reduced time to market, improved services and customer satisfaction, cost optimization, additional revenue streams, etc.
- highlighting the barriers that currently hamper the adoption of AI solutions in Europe today and providing an initial set of recommendations on how to support AI use for policy makers at national and European level.