How is artificial intelligence used in blockchain technology?

Artificial intelligence is the top technology for startups

  • Every third startup uses AI, and just as many are thinking about using it
  • There is great interest in data analysis and blockchain technology

Berlin, June 21, 2019 - Artificial intelligence is the most important new technology for German startups. Already more than one in three startups (39 percent) use AI - and the number could even double in the near future. Another third of the startups (38 percent) say they are planning or discussing the deployment. AI is currently not an issue at all for around one in five startups (22 percent). That is the result of a survey of more than 300 startups on behalf of the digital association Bitkom. For comparison: In a Bitkom survey from the spring of the entire economy, just 2 percent of companies with 20 or more employees said that they use AI and only 9 percent that they are discussing it. The vast majority (86 percent), on the other hand, do not think AI is an issue in their own company. “If we want to make artificial intelligence a success story in Germany, then we need the innovative strength of the startups. When it comes to the use of AI technologies in established industries, startups are ideal cooperation partners for medium-sized companies and corporations, ”says Bitkom President Achim Berg. “We have to significantly expand research and development around AI as well as in established companies. Above all, we must succeed in massively expanding AI training at universities and research institutes in order to have the necessary specialists. "

Only cloud computing (65 percent) as well as data analysis and big data (48 percent) are currently used more frequently than AI in startups. In fourth place is the Internet of Things (25 percent). 3D printing (9 percent), virtual and augmented reality (8 percent) and blockchain technology (8 percent) follow at a considerable distance. Robotics (4 percent), 5G (3 percent) and drones (3 percent) bring up the rear.

Greater use of data analysis and blockchain planned

However, the use of technology in German startups could change fundamentally in the near future. While AI is the technology whose use is most often planned or discussed, it is closely followed by data analysis and big data (32 percent) as well as blockchain (26 percent), 5G (23 percent) and the Internet of Things (22 Percent). “Startups have a good feel for promising future technologies,” says Berg. “In the case of blockchain technology, practical applications are still in short supply, but it has the potential to fundamentally change entire industries. And the new 5G mobile communications standard will enable innovative online applications in many areas, from networked production to autonomous driving. ”Around every fifth startup (18 percent) is also considering the use of virtual and augmented reality Percent) via cloud computing. This is followed by robotics (9 percent), drones (7 percent) and 3D printing (7 percent).

Methodological note:The startup information is based on a survey that Bitkom Research carried out on behalf of Bitkom. 321 IT and Internet startups in Germany were surveyed. The question was "Which of the mentioned technologies are already in use in your startup, are being planned or discussed or are currently not an issue."

The information on the overall economy is based on a survey that Bitkom Research carried out on behalf of Bitkom. 606 companies with 20 or more employees were interviewed by telephone. The question was "Which of the technologies mentioned are already in use in your company, are they being planned or discussed or are currently not an issue?"