Marketing and sales stand to gain the most revenue from the adoption of artificial intelligence (AI) technologies, according to a global AI survey. Seventy-four percent respondents said that the marketing and sales department in their organizations witnessed revenue increases of five percent or more. Supply-chain management was expected to benefit the least from AI adoption in terms of revenue increase.
Revenue increases from adopting artificial intelligence (AI) in organizations worldwide as of fiscal year 2020, by function
Characteristic
Increase by ≤5%
Increase by 6–10%
Increase by >10%
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McKinsey & Company. (December 8, 2021). Revenue increases from adopting artificial intelligence (AI) in organizations worldwide as of fiscal year 2020, by function [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1083482/worldwide-ai-revenue-increase/
McKinsey & Company. "Revenue increases from adopting artificial intelligence (AI) in organizations worldwide as of fiscal year 2020, by function." Chart. December 8, 2021. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1083482/worldwide-ai-revenue-increase/
McKinsey & Company. (2021). Revenue increases from adopting artificial intelligence (AI) in organizations worldwide as of fiscal year 2020, by function. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1083482/worldwide-ai-revenue-increase/
McKinsey & Company. "Revenue Increases from Adopting Artificial Intelligence (Ai) in Organizations Worldwide as of Fiscal Year 2020, by Function." Statista, Statista Inc., 8 Dec 2021, https://www.statista.com/statistics/1083482/worldwide-ai-revenue-increase/
McKinsey & Company, Revenue increases from adopting artificial intelligence (AI) in organizations worldwide as of fiscal year 2020, by function Statista, https://www.statista.com/statistics/1083482/worldwide-ai-revenue-increase/ (last visited July 22, 2024)
Revenue increases from adopting artificial intelligence (AI) in organizations worldwide as of fiscal year 2020, by function [Graph], McKinsey & Company, December 8, 2021. [Online]. Available: https://www.statista.com/statistics/1083482/worldwide-ai-revenue-increase/