Europe's AI Reckoning: Reinventing Industries for a New Era

Authored by Matt Prebble, Senior Managing Director, Strategy & Consulting Lead, Accenture

Europe’s productivity challenge is growing and the clear root cause is underinvestment in technology. In this report, Criticaleye Partner Accenture explores the potential of artificial intelligence (AI) to boost productivity and help Europe rediscover its competitive edge.

Key takeaways include:

European workers are less productive than their US counterparts—companies must accelerate AI adoption to close the gap
More than half of the 800 large European organisations surveyed have not yet scaled a truly transformative AI investment
To realise the potential of AI, business leaders must boost AI capabilities in areas such as data, cloud and talent

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