Research: Blockchain is not as popular as Big Data analysis and chat-bots
Big Data analysis is the most used technology implemented by business in Russia, according to KPMG recent research.
The leaders of the research are big data analysis and predictive analytics (68%), chat-bots (51%), Robotic process automation (or RPA)(50%).
The number varies depending on the industry, however, 68% of the companies have successfully tested the new technologies yet only 15% of the transportation companies have implemented it.
The biggest impact on the business was made by Robotic process automation (38%) and big data analysis and predictive analytics (40%). According to KPMG, these technologies are increasing the profit by 30% while blockchain hit only 5%.
In 2019, over 36% of the companies are willing to invest 100 million roubles into various technological projects. The major investors are companies working in telecommunication and banking industries as well as metallurgical engineering.
22% of the respondents are planning to invest 30-100 million roubles, 15% of them 10-30 million, and 27% less than 10 million.
At the same time over the half of the companies (51%) are expecting to get their investment back in less than 2 years. and over 43% expects it to be 2-5 years. The majority of the companies are planning to implement artificial intelligence in the coming years.