Elsevier report finds 63% of R&D organizations make key decisions using flawed data
RELX•Elsevier's report found that 63% of organizations made important R&D decisions using flawed evidence, while 51% acted before all evidence was available. It also found that 81% expect AI to fundamentally transform R&D decisions within five years, and 47% use AI regularly.
1. Findings on R&D decisions
Elsevier's Corporate R&D of the Future report found that 63% of organizations made important R&D decisions using flawed evidence. Although confidence in data quality reached 76%, 51% said they made important decisions before all evidence was available.
2. AI adoption and challenges
Some 81% of respondents expect AI to fundamentally transform R&D decisions within five years, while 47% reported regular AI use. Scaling AI is a significant challenge for 48% of organizations, and 65% said building AI skills is a five-year priority. Meanwhile, 86% said organizations combining AI with trusted, high-quality evidence will outperform competitors.
