AI Data Investments Paying Off

According to a Progress Report on the State of Corporate Data Initiatives by NVP 92.1% of companies say they are achieving returns on their data and AI investments, a strong increase from 48.1% in 2017.

91.7% also said they were increasing investments in data and AI.

26.0% of companies already have AI systems, such as the Torsion Automated Data Access Governance platform, in place—more than double the 12.1% last year.

Peter Bradley of Torsion says: “Technologies are so advanced now that companies are
getting so much more economic value from AI and they’re realising those gains much earlier on in the implementation of new technology. It literally takes days to set up our data access management software and integrate it with the collaborations platforms our customers are using.”