Perhaps unsurprisingly, many private companies are pointing to AI and digital investment as core near term priorities—and the pace of investment is accelerating. To better understand private companies’ views on AI for business, we asked 100 leaders from US private companies with annual revenues of $100 million to $1 billion+ about the approaches to (and expectations of) their digital initiatives. The answers reveal something of a maturity gap between higher and lower revenue private companies, including funding approaches, stage of adoption, digital transformation ROI, and using AI for decision making.
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of high-revenue companies plan a significant increase in digital transformation.
see their boards as proactive on technology investment oversight.
have expecatations for realizing digital and AI investments’ value within 6-12 months.
"Private companies are moving beyond AI experimentation and investing in it to drive growth, improve productivity, and make faster decisions,” said Wolfe Tone, vice chair and US Deloitte Private leader. “Many are starting to see returns, and continuing the momentum will depend on how they integrate AI across leadership, governance, and the workforce. Private companies have an advantage because they can often move with greater agility and align decisions more quickly, but realizing the full value of AI will depend on how effectively they translate that agility into disciplined execution at scale."
Wolfe Tone, US Deloitte Private leader
What’s top of mind for private enterprises? Approximately every quarter, we survey 100 private company leaders to find out. We ask them about strategies, risks, and opportunities they see ahead for their private or family-owned enterprise. That research turns into private company outlooks—which provide you with useful insights for now and in the near future. Check out some of our recent topics below, and discover how fellow private enterprises navigate growth, financials, talent, and more.