The deployment of artificial intelligence and machine learning technology is set to treble over the next three years among businesses in Ireland, according to new research by technology company Expleo.
The survey of 200 business and IT leaders across the island of Ireland found that 22% of firms have already implemented AI or ML technology within their organisations.
42% said they are planning to do so within three years.
This will mean that 64% of Irish businesses plan to leverage AI and ML by the end of 2023.
The research also shows that 40% of companies are automating more processes as a result of the pandemic, with 17% believing this will reduce backlogs caused by Covid-19.
Rebecca Keenan, Global Head of Process Automation at Expleo, said the research indicates that an increasing number of businesses are implementing changes in order to remain competitive.
"These innovations are geared towards helping enterprises innovate at pace – particularly important as companies plan for post-pandemic growth.
"For example, we are seeing deployments of Robotic Process Automation (RPA) being used as a stepping stone into more advanced solutions.
Creating an ecosystem of technology, driving cost savings and efficiencies, combining both human and digital talent is becoming more prevalent," she added.
