AI Speeds up M&A Decision Making, Survey Shows

Dow Jones
08/22

Artificial intelligence helps dealmakers make decisions about mergers and acquisitions faster, but doesn't give them more confidence in their choices, according to a survey by consulting firm KPMG that polled 150 M&A professionals in the U.S. Only 9% of the respondents said AI enables better decisions with higher confidence, while 47% said decisions are faster but confidence is similar, the survey shows. About a quarter, or 23%, of participants said AI has had no material impact yet on their decisions. Also, competitive intelligence and market analysis were the most highlighted AI-driven efficiency gains in M&A processes, with 36% of respondents pointing to such gains. About 27% saw gains in M&A target screening and prioritization, while 24% said AI makes due diligence more efficient, according to the survey.

 

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