This is how artificial intelligence will drive innovation and GDP. Report Tim
From 2022 to 2026, AI will offer a cumulative contribution to Italy's GDP of up to 195 billion euros. All the details on the report "Artificial Intelligence in Italy", developed by the Tim study center with Intesa Sanpaolo Innovation Center
In 2027 in Italy the Artificial Intelligence market will reach 6.6 billion euros, 407 billion in the world.
the market is also developing strongly in Italy, supported mainly by investments in the finance, telecommunications and IT, manufacturing and retail sectors and with further growth potential in the healthcare, public administration and agriculture sectors.
These are some of the results of the report "Artificial Intelligence in Italy – Market, Innovation, Developments" created by the Tim study center in collaboration with the Intesa Sanpaolo Innovation Center – the banking group's center of expertise supporting the development of startups and the ecosystem of innovation -, and presented today in Rome during the event that awarded the best innovative solutions winners of the 'TIM AI Challenge '.
“Initiatives like this challenge – commented Elio Schiavo, chief enterprise and innovative solutions officer of Tim – have the aim of triggering a virtuous circle, aiming to facilitate the meeting between different companies and generations to enhance the new experiences and proposals of those who today faces an increasingly fast market, in which artificial intelligence is a very strong accelerator of the digital transformation of companies and public administration". With Tim Enterprise, he added, "we make resources and skills available with the aim of growing the entire innovation chain".
All the details.
THE GROWTH OF THE ARTIFICIAL INTELLIGENCE MARKET PHOTOGRAPHED BY THE TIM-INTESA RELATIONSHIP
From the study presented by Laura Li Puma, Head of Artificial Intelligence Lab Intesa Sanpaolo Innovation Center, it emerges that the AI market will grow by 37% per year in Italy reaching approximately 6.6 billion euros in 2027, and, globally , will reach over 407 billion euros.
WHO USES THIS TECHNOLOGY THE MOST
The companies that use AI the most are large ones: around one large company in four had activated at least one AI solution in 2021, while the average drops to around 6% considering companies with more than ten employees, according to the data Eurostat. More recent estimates attest to growth in the use of AI, with 60-70% of large enterprises already using or experimenting with this technology.
THE BENEFITS…
The study also highlights how the use of AI could constitute an accelerator of economic development, increasing productivity and freeing up resources to be applied in areas where greater value is generated. According to estimates by the TIM Study Center, in fact, from 2022 to 2026 Artificial Intelligence will offer a cumulative contribution to Italy's GDP of up to 195 billion euros, corresponding to an average annual value of almost 40 billion euros, equal to approximately 2% of GDP.
ALSO AT AN ENVIRONMENTAL LEVEL
Furthermore, the application of artificial intelligence on an industrial scale – in particular in the energy, agriculture, transport and water sectors – will contribute to reducing overall CO2 equivalent emissions in Italy by approximately 116 million tonnes in the period 2020-2030, with a average annual reduction of approximately 2.6% of total emissions, reaching up to 5% less by 2030.
THE CLOUD IS NECESSARY FOR THE DIFFUSION OF ARTIFICIAL INTELLIGENCE
Furthermore, the report shows that the spread of Artificial Intelligence leads to an ever-increasing consumption of Cloud Computing services. Considering that between 7 and 10% of Cloud spending is now induced by the use of machine learning, the Tim Study Center has calculated that in 2027 the diffusion of this technology alone will generate additional spending of over 870 million euros in Italy. year in Public Cloud services.
HOW TIM DID AT THE CHALLANGES
With the aim of further enriching the portfolio of AI solutions that TIM Enterprise makes available to companies and PAs, the 'TIM AI Challenge' was created. The scouting initiative falls within the scope of the Open Innovation program, and in particular within the TIM Growth Platform, the new innovation model that focuses on industrial collaboration with high-potential companies with the aim of accelerating their growth. The challenge, launched in collaboration with some of the main players in this field, involved over 160 startups, scaleups and innovative companies called to present AI-based solutions to accelerate digital transformation. Approximately 80% of the proposals evaluated are Italian, with strong interest also from foreign companies (Spanish, French, American and English primarily).
THE WINNING COMPANIES
In particular, TIM awarded two companies: Digitiamo for the 'Purchase Assistant' solution, a digital assistant for personalized purchasing that combines recommendation systems and generative AI to support the end consumer before, during and after the sale; and UK-based causaLens for the platform – decisionOS – that enables businesses to use their data to make better business decisions by leveraging Causal AI, the next frontier in AI innovation. The winners will be offered a technological and commercial partnership with TIM Enterprise.
The additional awards awarded are: EIT Digital award to MYWAI for the AIoT solution that combines Edge & Generative AI to make machinery intelligent and optimize predictive maintenance costs, quality control and productivity; Intesa Sanpaolo Innovation Center award to WordLift for the AI-based SEO (Search Engine Optimization) automation that optimizes content and improves the positioning of websites on search engines; award from the Startup Thinking Observatory of the Polytechnic of Milan to Athics for the attention to the social sustainability of the conversational artificial intelligence solution which allows the creation of virtual assistants capable of adapting communication to the psychometric profile of the user and ImpreSapiens award – Sapienza University of Rome at TrafficLab for WeTraffic, a platform for the management, forecasting and real-time monitoring of traffic and parking.
This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/innovazione/ecco-come-intelligenza-artificiale-spingera-linnovazione-secondo-tim/ on Tue, 05 Dec 2023 16:20:51 +0000.