According to the National Observatory of Technology and Society (ONTSI), machine learning, through Big Data, is the most used technology by Spanish companies, with 4% application. A percentage that, although it may seem small, we in Shapelets value as it shows how companies have been able to recognize the potential of this technology in a short time and reflects the enormous growth margin that Artificial Intelligence has in Spain.
In fact, according to the ONTSI report, although the use of Artificial Intelligence by companies is still little in Spain -with a 7% application- which exceeds the average of the European Union, of about 6% of companies.
Furthermore, according to the INE report from October 2021, 8.3% of Spanish companies used Artificial Intelligence in the first quarter of 2021, so the implementation of this technology in business seems to grow steadily. In addition, 11.1% of companies carried out Big Data analysis between 2020 and 2021, while it reached 8.5% between 2019 and 2020.
Consequently, we can affirm that businesses have realized data is one of the most valuable assets they have. As specified by a Cap Gemini study, 83% of businesses that rely on data can extract performance and monetize it. Therefore, Artificial Intelligence combined with Big Data is proving to be an extremely useful combination of technologies for business growth.