Europe closes AI gap with North America but faces internal split, says Accenture
European firms outpace North America in AI readiness, but small companies lag behind.
Deep Dive
Accenture's inaugural AI Progress Barometer shows European companies improved AI readiness faster than North American firms over the past six months. However, a growing disparity between large and smaller European companies poses a risk to the region's overall AI advancement and competitiveness.
Key Points
- European companies improved AI readiness faster than North American firms over the last six months.
- A widening gap exists between large European enterprises and smaller SMEs in AI adoption.
- The internal divide threatens the region's overall AI competitiveness and economic growth.
Why It Matters
Uneven AI readiness among European firms could hinder growth and global market position if small businesses are left behind.