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At Vestrics Solutions, we help organizations unlock the full potential of AI and ML, creating smarter processes and data- driven strategies for sustainable growth.
AI & ML in Numbers
89% of large companies worldwide are currently
engaged in digital and AI transformation efforts,
focusing on improving efficiency and scaling
innovative solutions. However, only 31% of the
expected revenue lift and 25% of projected cost
savings are being realized, highlighting the
challenges in execution.
Businesses adopting AI have reported significant outcomes, with over 40% citing improved efficiency, cost reduction, and productivity as the primary benefits achieved through these technologies.
By 2026, it is predicted that AI-enabled business transformations will contribute an additional $15.7 trillion to the global economy, primarily by enhancing productivity and unlocking new product and service opportunities.
More than 50% of companies encounter data quality and governance challenges when scaling AI solutions, which slows adoption and impacts potential gains from digital transformation.
In 2024, 75% of organizations have increased investments in data lifecycle management to support AI adoption, signaling a critical shift towards modernizing data systems as part of digital transformation efforts.