Top 100 Fastest-Growing AI Teams: Key Players, Exclusive Insights – Forbes

Top 100 Fastest-Growing AI Teams

To maintain their competitive advantage, enterprises will need to scale their AI capabilities quickly and effectively. Here are the 100 companies with the fastest-growing AI teams, according to this analysis of data from Vectice.

The report studied the 2,500 largest US companies and found that 965 have an AI team of greater than 20 employees. 541 companies that had an AI team of over 20 employees experienced positive growth in their AI team over the past 3 months.

In terms of the number of new hires, Microsoft led the pack, with nearly 500 AI experts hired over the past 3 months. This represents a 8-fold lead over the second-fastest company, Kaiser Permanente.

Other companies in the top 10 for number of new hires include Optum, CVS Health, USAA, General Motors, Ford Motor Company, Robert Half, Walmart, and Bloomberg.

Overall, the fastest-growing teams were found in the technology and healthcare industries, followed by retail and finance/insurance. This indicates that enterprises across a variety of industries are seeing the value in AI and are investing in the technology. This article zooms into the top 10 companies charging the way, as well as an overview of the companies in the top 100.

Top 10 Fastest-Growing AI Teams By New Hires

New hires in the AI space have been growing at a fast clip, with the top 10 companies adding dozens of new AI experts over the past 3 months.

Fastest growing by overall number of new hires

Fastest growing by overall number of new hires

Source: Top 100 Fastest-Growing AI Teams, Vectice

Number of top companies by percentage in healthcare, finance/insurance, tech or retail and CPG

Source: Top 100 Fastest-Growing AI Teams, Vectice

Companies like Microsoft, Kaiser Permanente, and Optum are leading the way in terms of AI team growth. These companies specifically are in the healthcare, insurance, and technology industries respectively. Their focus on AI team growth indicates that they understand the importance of the technology and are investing in it to maintain their competitive advantage.

In terms of the top 10 fastest growing companies by percentage of growth with initial AI team size of 20-49 over the past three months, Concentrix, GameStop and Moody's Corporation take the top 3 picks. Each reflects the IT and Services, Retail and Financial Services industries, respectively.

Top 10 fastest growing companies in percentage of growth with an initial AI team size of 20-49 over the past 3 months

Top 10 fastest growing companies in percentage of growth with an initial AI team size of 20-49 over ... [+] the past 3 months

Source: Top 100 Fastest-Growing AI Teams, Vectice

In terms of the top 10 fastest growing companies by percentage of growth with initial AI team size of 50-250 over the past three months, ResMed, Northside Hospital and General Mills make up the top three. The trend is that healthcare and retail are two of the biggest industries represented. These industries have larger AI team sizes for a number of factors: they're collecting more data than ever before, and the complexity of the data requires more AI expertise to make sense of it.

Top 10 fastest growing companies in percentage of growth with an initial AI team size of 50-250 over the past 3 months

Top 10 fastest growing companies in percentage of growth with an initial AI team size of 50-250 over ... [+] the past 3 months

Source: Top 100 Fastest-Growing AI Teams, Vectice

When it comes to the top 10 fastest growing companies by percentage of growth with initial AI team size of +250 over the past three months, Microsoft, Robert Half, and Optum take the top three spots. This includes companies from a variety of industries: technology, staffing, and healthcare.

Top 10 fastest growing company in percentage of growth with an initial AI team size of +250 over 3 months

Top 10 fastest growing company in percentage of growth with an initial AI team size of +250 over 3 ... [+] months

Source: Top 100 Fastest-Growing AI Teams, Vectice

The Benefits of Being an Early Adopter, And Why Its Important

The top 100 companies with the fastest-growing AI teams were selected based on their ability to scale their AI capabilities quickly and effectively. These companies are able to maintain a competitive advantage by being early adopters of AI technology. There are several benefits to being an early adopter of AI. This section will serve as a deep-dive into three of these benefits: a faster go-to-market time, improved decision-making, and increased customer loyalty.

Why is Microsoft, Kaiser Permanente, and Google Leading the Way?

The top three companies in terms of number of new AI hires are Microsoft, Kaiser Permanente, and Google. These companies are leading the way in AI because they have the resources to invest in AI, as well as a need to scale their AI capabilities quickly.

Microsoft is a leading provider of enterprise software and services. The company has a long history of investing in new technologies, and AI is no exception. Microsoft has been working on AI projects for many years, and has recently made a number of high-profile acquisitions in the space. For example, the company acquired Nuance for $19.7 billion acquisition, a company that provides speech recognition and conversational AI services. Nuance is particularly known for its deep learning voice transcription service, which is quite popular in the healthcare industry.

Kaiser Permanente is one of the largest healthcare providers in the United States. The company has been an early adopter of AI, and is using the technology to improve patient care. For example, Kaiser Permanente is using AI to identify patients at risk of developing certain diseases. This information is then used to make decisions about how to best treat those patients.

Google is a leading provider of consumer services. The company has also been an early adopter of AI, and is using the technology to improve its products and services, and has also acquired a number of companies in the space. For example, back in 2014, Google acquired DeepMind Technologies for $500 million. DeepMind is a leading provider of artificial intelligence technology.

The Way Forward: What Businesses Can Do To Join The Ranks

As enterprises race to build up their AI capabilities, it's important to remember that success with AI requires more than just a team of experts. Enterprises need to have the right data, the right infrastructure, and the right culture in place to make AI a success.

In terms of data, enterprises need to focus on collecting high-quality data that can be used to train AI models. This data needs to be well-labeled and clean, and it should be collected from a variety of sources.

In terms of infrastructure, enterprises need to have the computing power and storage capacity to support AI initiatives. They also need to have a well-defined governance model in place to ensure that AI is used responsibly.

Finally, in terms of culture, enterprises need to create an environment that is conducive to innovation. This includes promoting a data-driven mindset, encouraging creativity, and giving employees the freedom to experiment.

Only by investing in all of these areas will enterprises be able to build successful AI initiatives.

See the article here:

Top 100 Fastest-Growing AI Teams: Key Players, Exclusive Insights - Forbes