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Cylance global research report finds 64% of IT decision makers expect optimism for the value of AI
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Cylance global research report finds 64% of IT decision makers expect optimism for the value of AI

Posted by Zenobia HegdeOctober 4, 2017

Cylance® Inc., the company that revolutionised the antivirus industry with AI-powered prevention that blocks everyday malware along with today’s most advanced cyberthreats, has announced the results of its inaugural report, Artificial Intelligence in the Enterprise: The AI Race is On.

The survey, which polled 652 IT decision makers in the U.S., UK, Germany and France, found that optimism about the value of artificial intelligence (AI)-powered solutions in the enterprise is high and plans to continue investment in the technology are widespread.

The report outlines how AI is already making a significant impact in the enterprise, analyzing trends in security, operational efficiency, marketing, employee perceptions, and other areas.

Key findings include:

    • Organisations are already investing in AI, and this will only increase: Nearly all of the IT decision makers surveyed said they are either currently spending on AI-powered solutions or planning to invest in them in the next two years; 60% already have AI in place. Additionally, 79% say AI is a top priority for their boards and C-suite executives.
    • For security teams, AI is moving the needle: 77% have prevented more breaches following their use of AI-powered tools and 81% say AI was detecting threats before their security teams could. Furthermore, 74% say they won’t be able to cope with the cybersecurity skills gap if they don’t adopt AI.
    • AI is seen as a competitive advantage: 87% of IT decision makers see AI-powered technology as a competitive advantage for their IT departments and 83% are specifically investing in AI to beat competitors.
    • AI is living up to its promises: 86% say that the AI that they have used has lived up to its promises. 64%  of IT decision makers expect to see ROI from their investments in AI in fewer than 2 years.
    • AI opportunities abound: 93% say it will create new job opportunities, with 80% saying AI will lead them to hire new workers and retrain existing employees.

“Executives who were first to make the leap of faith in AI have been the first to begin experiencing the rewards, particularly in the prevention of cyberattacks. Over the next year, I only expect to see this trend accelerate,” said Daniel Doimo, president and chief operating officer at Cylance Inc. “Cylance will continue to advance AI for cybersecurity with our technology, now in its third generation and continually learning.”

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