Organizations are increasingly investing in intelligent automation to overcome current productivity challenges. A survey conducted by Foundry across 1,000 automation leaders found that the average investment in intelligent automation has hit $5.6 million in 2023, a 17% increase over 2022. 45% of survey respondents said they will invest in generative AI-powered automation over the next 12 months, indicating that businesses will rely upon generative AI to help drive much-needed productivity gains. AI, particularly generative AI, is seen by most business leaders as a critical tool for successful process automation.