Accenture Report: European Firms Must Accelerate AI Adoption to Close Productivity Gap
Italy, June 26 -- European companies must strengthen the capabilities needed to scale AI faster if they are to address the growing productivity gap and enhance the region's overall competitiveness, according to a new report released by Accenture.The study highlights that the average European worker now produces only 76% as much as their US counterparts, a significant decline from being on par 30 years ago, with persistent underinvestment in technology identified as a major cause.Despite the recent Draghi report into European competitiveness pointing to AI as a potential solution to Europe's productivity problems, Accenture's research found that European companies are yet to take full advantage of the AI opportunity. Currently more than half...
To read the full article or to get the complete feed from this publication, please
Contact Us.