Is AI is going from experimental to operational?
a Look at Ramp's Survey. AI spending grew 293% last year (2023 to 2024)
Hello Everyone,
Is 2024 perhaps not the year of Agentic AI or Enterprise AI we might have hoped, and simply another year of operational experimentation? That’s what it’s beginning to look like.
Ramp was founded in 2019, and combines the power of corporate cards, expense reimbursements, and bill payments in one simple, scalable spend management solution. Here is a company where they a unique vantage point of corporate finance trends, with tens of billions in spend from tens of thousands of businesses each year managed through our platform.
Ramp and the AI Opportunity
Ramp had a blog post in May that caught my attention.
AI spending grew 293% last year. Here's how companies are using AI to stay ahead.
We know that BigTech is investing in GPU and AI chip architectures for even bigger AI datacenters, but are Enterprise customers really operationalizing Generative AI in a successful manner that’s delivering ROI?
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