How much admin time Irish SMEs are saving with the help of AI [Video]

More than a third of SMEs are already using AI and claim it can save as much as six hours of admin a week.

And the boom in AI use looks set to continue with nearly half of companies (48%) saying they plan to start adopting it in the next 12 months.

More than half 55% of SMEs estimated it could save up to six hours per week on administrative tasks, potentially redirecting €5.1bn annually into other business areas.

But there are a number of barriers to using AI according to the research done by IT solutions company eir evo.

The chief obstacle cited by SMEs was a lack of understanding (26%), lack of investment (23%), and concerns over security (20%).

There was also an urban rural divide with businesses in Dublin and larger counties leading in AI implementation.

Over half (52%) of urban businesses have already adopted AI compared …