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Research - FEBRUARY 27, 2024

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IBM: Majority of energy and utility companies have implemented AI

by Released

IBM unveiled findings from its global study that show that 74 percent of energy and utility companies surveyed have implemented or are exploring using AI in their operations.

Within the sector, among surveyed IT professionals, 33 percent are focusing AI projects on HR/talent acquisition and 27 percent are focused on AI monitoring and governance. The findings are from IBM's Global AI Adoption Index 2023 global study, administered by Morning Consult and commissioned by IBM, based on interviews with 2,342 IT professionals at enterprises located across 20 countries.

This new data echoes insights from the IBM Institute for Business Value’s 2023 study, CEO decision-making in the age of AI, which interviewed 420 energy and resources CEOs about their thinking around AI.

The fresh analysis of the industry C-suite data shows 63 percent of energy and resources CEOs surveyed were more likely than their global peers to expect to realize value in the next

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