Builder.ai Survey Highlights SMBs Push Toward a Digital Future Amid ChallengesLONDON, Nov.12, 2024 (GLOBE NEWSWIRE) -- Artificial Intelligence (AI) is transforming industries, with small and medium sized businesses (SMBs) feeling the pressure.Builder.ai, the AI-powered composable software platform that allows every business to become digitally powered, today announces that they surveyed SMBs in the U.K.and U.S.where the key findings show that nearly 71% of SMBs in both the U.K and U.S.are already investing in AI, with around 56% expecting it to enhance their efficiency.
SMBs need, expect and deserve the same technological edge especially as it allows them to punch above their weight, and our mission at builder.ai is to bridge that gap – providing accessible AI-powered/infused solutions that align with their ambitions, needs and goals.” SMBs Investing Despite Concerns Despite the fears SMBs are trying to embrace AI, with key drivers including improving efficiency, cutting costs and staying competitive.
Although there is fear surrounding the cost of AI solutions, nearly three quarters are investing in AI today, with most SMBs surveyed (54%) in both the U.K.and U.S.expecting to increase investment over the next year.Builder.ai is empowering SMBs to bridge these gaps by enabling quick, affordable app development.
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