The 2022 Report
The annual report, published in November 2022, provides an overview of the use of artificial intelligence in the Nordic region, with the goal of offering business leaders, academics, policymakers, as well as anyone interested, a comprehensive look at what’s really going on in Nordic AI.
55% of companies surveyed are investing into experimenting with AI in the next 6 months. The gap between AI newcomers and established players is widening.
73% of the organizations surveyed use AI as part of a product or service – respondents also say this is where AI creates most value.
The gap between newcomers on the market and established players is widening and the number of new AI startups has started to decline, along with VC investments in AI in most Nordics.
Nordic ecosystems share many features but at the same time boast unique capabilities and strengths. We have moved to a stage where the threshold of market entry is rising and business is dominated by large enterprises.
VC investments in AI by country. OECD.AI 2022.
The Nordic organizations surveyed use AI at the heart of their business – in the products and services they offer. However, despite a maturing AI ecosystem, many organizations still need to invest more in experimenting, finding AI use cases, implementation AI-powered solutions and finding more talent to work with AI.
Lack of talent
Talent is difficult to find
even at pre-scaling phase.
Lack of data practices
Data volume is needed,
but productivity even more.
Lack of investment
of scale is challenging.
AI continues steamrolling forward despite the global situation. The overwhelming majority is planning to adopt more AI within the next 12 months. Only a fraction are not implementing new solutions in the known future.
Adoption of AI-based technologies in products or services
Get the report now for a deep dive into the Nordic AI scene. Learn what is happening behind the curtains and immerse yourself in the latest trends and developments.
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