ARRIA Shareholder Update — Industry News

11 September 2018

CNBC: A.I. Could Spur Global Growth As Much As The Steam Engine Did 

CNBC published an article reviewing the findings of a report of the McKinsey Global Institute on the growing Artificial Intelligence market. Highlights include:

  • Artificial intelligence could contribute an additional 1.2 percent to annual GDP growth for at least the next decade, according to McKinsey Global Institute.
  • The institute's model expects about 70 percent of companies will adopt at least one form of AI by 2030, and that a significant portion of large firms will use a full range of the technology.
  • The McKinsey analysis found that countries that establish themselves as AI leaders — mostly developed economies— could capture 20 to 25 percent more in economic benefits compared to current levels.

Arria is positioned to be an active, contributing part of this exploding market with its Studio for BI plugins and underlying NLG technologies.


ARRIA NLG PLC is the global leader in the field of Natural Language Generation (NLG), a form of artificial intelligence software, specialized in extracting insights from complex data sources and communicating that information in natural language (i.e. as if written by a human). Arria is a global company with notable industry partners: Accenture, Cognizant, Deloitte, Genpact, IBM and others.

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