Artificial Intelligence Adoption by Ramp Businesses: Industry: Retail Trade (RAMPAIRETAIL)

Source: Ramp  

Release: Ramp AI Index  

Units:  Percent, Not Seasonally Adjusted

Frequency:  Monthly

Ramp AI Index measures the adoption rate of artificial intelligence products and services among American businesses. Our sample includes more than 70,000 American businesses and billions of dollars in corporate spend using data from Ramp’s corporate card and bill pay platform. Adoption rate is the share of businesses with an observed payment for an AI product or service in a given month. The measure uses corporate card, invoice, and ACH transactions processed by Ramp; merchant names and line-item details identify qualifying payments. For more information, visit ramp.com/data/ai-index.

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