- 17 July, 2024
Awesome AI Companies – Franz Inc.
Franz is proud to announce it has been recognized as a 2024 Awesome Company in AI.
DBTA noted, by the beginning of 2024, 87% of companies surveyed by Bain said that they were already developing, piloting, or have deployed generative AI in some capacity, with most of these early deployments in software code development, customer service, marketing and sales, and product differentiation.
Bain’s latest survey finds that companies are investing heavily in generative AI—on average, about $5 million annually, with an average of 100 employees dedicating at least some of their time to generative AI.
Among large companies, about 20% are investing up to $50 million per year. These investments reflect their focus as more than 60% of companies surveyed see generative AI as a top three priority over the next two years, but only about 35% have a clearly defined vision for how they will create business value from generative AI.
To help readers gain a greater understanding about this complex area of information technology, the solutions available, and their role in handling real-world challenges, DBTA and Big Data Quarterly present the list of Awesome Companies in AI.