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Stock impact report

7 Quick Wins To Put AI To Work In Your Small Business [Forbes]

Sprout Social, Inc - Class A (SPT) 
Last sprout social, inc - class a earnings: 2/26 04:10 pm Check Earnings Report
Company Research Source: Forbes
numbers of small businesses are adopting AI tools at a relatively slow pace, if at all. A study from the US Chamber of Commerce Technology Engagement Center published earlier this year found only 58% of American small businesses were using AI, albeit with adoption rates accelerating. European small businesses have moved even more cautiously; in the UK, for example, the British Chambers of Commerce recently found just 35% of small and medium-sized enterprises (SMEs) have started to actively use AI. Leigh Thomas, vice-president for Europe, Middle East and Africa at the accounting technology firm Intuit, worries that some SMEs are at risk of being left behind. “We're moving beyond a world of disconnected systems and siloed data, to a place where every part of a business can be seamlessly connected,” she says. “However, [there is] a widening divide between AI-ready firms and those struggling to keep pace.” There are multiple reasons for small businesses' cautious approach. Research su Show less Read more
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