Around one in three companies believe business use of artificial intelligence will be commonplace within the next ten years.
The findings come new research from TomTom Telematics.
The study discovered that 22% believe virtual reality will be in common usage, while around one in five anticipate the prevalence of in-vehicle working due to the development of autonomous vehicles.
However, one third fear they may struggle to keep pace with the rate of technological change. What’s more, one in two believe those that fail to embrace digitalised processes and the Internet of Things are at greater risk of going out of business.
“Complacency can sound the death knell for businesses,” said Beverley Wise (below), director UK & Ireland at TomTom Telematics.
“Companies should be mindful of the pace of change and keep a close eye on the solutions and processes that will help ensure a competitive future – from smart mobility and connected tech to advanced manufacturing and design systems. Many of today’s new emerging technologies will disrupt and revolutionise commerce, and in the process become the standard for tomorrow.”
“The onus is on businesses, both large and small, to adapt to this new era of hypermobility and connected working that is being ushered in by advancements in areas ranging from telematics and the connected car toiPaaS and blockchain solutions,” added Wise.
“Such connected technologies and unified communication systems are unshackling workers from traditional working patterns – an empowering development that is set to significantly impact productivity and business efficiency.”