The quarterly EY CEO Outlook Pulse survey shows CEOs are leveraging AI technologies to boost business performance and improve efficiency.
They survey showed executives are optimistic this year, with a majority predicting revenue growth (64%) and profitability (63%) even though three-fourths (76%) predict the overall the global economy will see little to no growth. Meanwhile, more than half (58%) are pushing business transformation strategies.
“Exhibiting a newfound resilience and confidence, CEOs are on the hunt for opportunities to drive efficiencies and transform their business for growth,” said Andrea Guerzoni, EY global vice chair for strategy and transactions.
The survey also found CEOs seek to leverage technology, and 41% said they aim to use AI to improve both efficiency and performance. However, three-fourths (76%) said they don’t think it will have much impact on revenue growth.
