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AI adoption tops 80% in industrial tech, with firms prioritizing profits over innovation for the first time.

Market News
23 Mar 2026
PRNewsWire
View Source
Bullish
pluang ai news

A new global survey by TE Connectivity reveals that over 80% of industrial technology companies have adopted AI tools, with a shift in focus from innovation to financial returns. For the first time in four years, executives prioritize increasing profits (43%) over product innovation (26%), reflecting a demand for tangible ROI from AI investments. The U.S. leads in extensive AI adoption at 41%, showing rapid growth compared to previous years. The report highlights the need for alignment between engineers and executives to maximize AI's impact on operations and innovation.

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