How AI Will Transform Industries

AI adoption is rapidly increasing. A recent forecast from 国际数据公司 found global spending on AI will reach $154 billion in 2023, an increase of 26.9% over the amount spent in 2022, and spending is expected to increase to $300 billion in 2026. What will this widespread adoption look like across industries??

In this month’s edition of #TomorrowsWDAY, we’re diving into the top ways AI is impacting the future of industries. Subscribe to stay up to date on the latest innovations for the future of work.

How do you think AI will transform your industry? Comment below.

Make smarter decisions faster

• A growing proportion of professional services firms are investing more than $50 million in AI, ML, and advanced analytics, according to our report with 普华永道 . ?Learn how firms are using ML to gain insights and put the right people on the right projects with ease.

• To stay competitive and adaptable through constant change, retail organizations need faster, better data insights. Find out how Team Car Care is harnessing AI and ML for agile forecasting and more accurate sales and workforce planning.

• Insurance companies need a strong data backbone to keep up with shifting regulatory requirements. Explore how AI and ML will increasingly help insurers set up more efficient and automated processes.

Attract top talent and maximize your people's potential

• How can businesses use AI and ML to identify and leverage the skills of their extended workforce? Join us for our next #WDAYChats on June 28th for insights from Shashank Saxena and Cristina Goldt.

• The technology industry is at the forefront of AI adoption, but cultivating end-user trust and actionable insights is challenging to do with stand-alone AI tools grafted on to existing systems. Learn why technology companies that put people at the center of their AI strategy may easily outpace their counterparts.

• To stay competitive and resilient, financial services organizations need to understand the skills they have and the skills they need. Find out how banks and capital markets can use AI and ML to adopt a skills-based talent approach and transform data into a strategic advantage.

• Many government leaders believe AI and ML will play a significant role in the public sector over the next 3 to 5 years, yet in our recent study only 1 in 5 leaders said they’ve made progress deploying technologies to streamline or automate workflows and augment the capacity of the existing workforce. Learn how government institutions can close this gap and leverage AI and ML to build a future-ready workforce.

• According to the National Council of Nonprofits, 42% of U.S. nonprofits have a vacancy rate of 20% or higher. Discover how innovative nonprofits are using AI and ML to recruit and retain top talent.

Personalize the experience

• In the golden era of streaming, personalization is key to revenue retention. Discover how media and entertainment leaders are leveraging AI and ML for the insights needed to improve revenue growth, profitability, and customer satisfaction.

• AI will revolutionize the future of healthcare. Explore key considerations for healthcare leaders to use AI ethically to recruit and retain workers and provide more personalized care.?

• Building a great digital experience is crucial to recruit today’s technologically savvy students, as well as help those with disabilities or learning differences to connect with resources more easily. Learn how higher education leaders can implement AI and ML to personalize the student experience.

Interested in learning more about the latest technology innovation in your industry? Follow our LinkedIn Industry Hub pages:

• Workday for Public Sector
• Workday for Higher Education
• Workday for Healthcare
• Workday for Nonprofit