How AI can power Europe’s next industrial revolution

Core Insights - Europe is at a critical juncture, facing demographic pressures and sluggish productivity while having the opportunity to enhance competitiveness in strategic technologies like AI [1] - AI is projected to be a transformative technology, potentially adding over $4 trillion to global GDP by 2030, which could significantly benefit Europe's economy [2] - European organizations can leverage AI without leading in model development by embedding it at scale using their unique enterprise data [3] Industry Adoption - Enterprise AI adoption in Europe is gaining traction, with 66% of senior executives reporting measurable productivity gains and 41% expecting ROI within a year [5] - Successful examples of AI implementation include logistics operators optimizing supply chains and pharmaceutical companies accelerating drug discovery processes [6] Competitive Advantage - Strategic deployment of AI can enhance operational performance and innovation, which are essential for long-term success [7] - To achieve a competitive edge, European companies must adopt AI more rapidly and deeply than their international counterparts, utilizing high-quality, domain-specific data for model training [7]