Small and Medium Enterprises Experience Significant Growth in AI Application Demand

Reported 12 months ago

On July 1, 2024, Alibaba.com released a report on 'Small and Medium Enterprises Day' on June 27, revealing that nearly 30% of small and medium enterprises globally tend to use AI tools daily, indicating a recent significant increase in the AI application demand among global small and medium enterprises. The 'AI Business Assistant' tool by Alibaba.com, focusing on common challenges faced by small and medium enterprises in global trade, has attracted tens of thousands of businesses in a short period. The tool aims to help these enterprises improve their product exposure, communication with international clients, and overcome market barriers. Through Alibaba.com's AI tools, surveyed SMEs experienced an average 37% increase in product exposure, leading to more opportunities for new client development and business growth.

Source: YAHOO

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