Trendeo
AnalysisNovember 2023

Industrial intelligence, not yet in industry?

What's the current state of artificial intelligence in industry? We did a quick test in the Trendeo France database. Search by keyword "artificial intelligence" or "AI". Result: 647 items 👇🏻 - ◾Only 25 of the projects…

By Elisabeth Stockinger

What's the current state of artificial intelligence in industry? We did a quick test in the Trendeo France database. Search by keyword "artificial intelligence" or "AI". Result: 647 items 👇🏻

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◾Only 25 of the projects listed are in the industrial sector, i.e. 4% of the total;

These are either specialists in the field (Neurxcore) or industrial users (Haase Innovation); ◾ 398 companies active in this field or using AI, i.e. 62%, are startups; ◾ 44% of projects are located in Ile-de-France; ◾ 4 billion euros in funding have been raised through 344 rounds; ◾ The first project mentioning AI was recorded in 2010, with the peak of projects (122) registered in 2019. As of 2023, there are 76 projects; ◾ Nearly 14,000 jobs have been created in connection with these projects, with only 407 jobs being eliminated..

The chart above is extracted from our France database.

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These data indicate that AI is still primarily concentrated in digital startups, which develop algorithms, and not yet widely adopted in companies from other sectors that use AI.

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Our clients can access this data in three clicks within our database. The detailed file can be acquired upon request :-)

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