2025年科技报告：人工智能领导者正在拓展其优势

AI leaders are extending their edge. Authors and acknowledgments David Crawford, chairman of Bain & Company’s Global Technology, Media, and Telecommunicationspractice; Anne Hoecker, global leader of the TMT practice; and Dana Aulanier, practice vice presidentof the TMT practice, prepared this report. Bain Partners Syed Ali, Laurent-Pierre Baculard, Bharat Bansal, Ann Bosche, Peter Bowen, Steven Breeden,Alessandro Cannarsi, Willy Chang, Matthew Crupi, Arjun Dutt, Greg Fiore, Jonathan Frick, Pascal Gautheron,Adam Haller, Peter Hanbury, Karen Harris, Jonny Holiday, Mark Kovac, Tamara Lewis, David Lipman,Neil Malik, Justin Murphy, Christopher Perry, Bill Radzevych, Paul Renno, Michael Schallehn, JenniferSmith, Ravi Vijayaraghavan, Jue Wang, and Chuck Whitten; Associate Partners Gabe Dunn, Aaron Lewis,Ryan Petranovich, and Tanvee Rao; and Expert Partners Chris Bell, Purna Doddapaneni, Stephen Hardy,Chris McLaughlin, and Velu Sinha wrote its chapters. The authors also wish to thank Partners David Cho and Maeghan Rouch; Associate Partner Tatum Quinn;Senior Managers Madeline Ayles, Shiv Bery, Mathieu Boutin-Delisle, Tobi Ogunsanya, Sushil Upadhyayula,and Alyssa Zhou; Consultants Jiachen Chu and Gaurav Srivastava; Senior Associate Consultants MargaretChiang and Pooja Vettical; Associate Consultant Chimo Mgbeokwere; Expert Manager Alexandra Juegelt;and Practice Directors Tarun Gupta and Alex Smyth for their contributions. They would also like to thankthese members of the Bain Capability Network: Senior Manager Eva Gupta; Managers Arpit Jain andVaishali Sharma; Project Leader Anjali Mishra; Associates Aryan Gupta, Kiran Muchandimath, and BhanuSingh; Analysts Sahil Garg, Dhiti M, Purnima Pant, and Tanishq Singh; and Senior Operations AnalystRaghav Sharma; as well as Jeff Bauter Engel, Mike Oneal, and David Sims for their editorial support. This work is based on secondary market research, analysis of financial information available or provided to Bain & Company and a range ofinterviews with industry participants. Bain & Company has not independently verified any such information provided or available to Bainand makes no representation or warranty, express or implied, that such information is accurate or complete. Projected market and financialinformation, analyses and conclusions contained herein are based on the information described above and on Bain & Company’s judgment,and should not be construed as definitive forecasts or guarantees of future performance or results. The information and analysis herein doesnot constitute advice of any kind, is not intended to be used for investment purposes, and neither Bain & Company nor any of its subsidiariesor their respective officers, directors, shareholders, employees or agents accept any responsibility or liability with respect to the use ofor reliance on any information or analysis contained in this document. This work is copyright Bain & Company and may not be published,transmitted, broadcast, copied, reproduced or reprinted in whole or in part without the explicit written permission of Bain & Company. Technology Report 2025 Contents AI Leaders Are Extending Their Edge2Value Evolution3Will AI Disrupt Tech’s Most Valuable Companies?4Sovereign Tech, Fragmented World9Deals Rise in 2025, But Easy Wins May Be Over15Strategic Battlegrounds21Will Agentic AI Disrupt SaaS?22How Can We Meet AI’s Insatiable Demand for Compute Power?31Humanoid Robots: From Demos to Deployment35Quantum Computing Moves from Theoretical to Inevitable41Operational Transformations47State of the Art of Agentic AI Transformation48AI Is Transforming Productivity, but Sales Remains a New Frontier55From Pilots to Payoff: Generative AI in Software Development62Building the Foundation for Agentic AI68 AI Leaders Are Extending Their Edge Halfway through the decade, it’s clear that AI is the defining disrupter of our time. AI’s reach is broaderthan any recent tech wave, reshaping business strategy, politics, trade, defense, and even social justice.Two years ago, we warned that it was already too late to wait and see. By then, leaders were using AI toimprove EBITDA by 10% to 25%, while laggards fell further behind. Today, those leaders are compoundingtheir gains and embracing agentic AI. If you’re still piloting, you’re dangerously behind. Bain’s sixth Technology Report delivers insights on this and other tech trends through the pragmatic lensof the real work we do with clients. The advance of AI agents is the immediate top-line story. At fullpotential, they’ll run complete processes and workflows. Our report explores the implications for softwarestrategy, enterprise deployment, humanoid robotics, and IT architecture, while also looking at broaderimplications for tech company valuation, trade relations, power production, and talent management. David Crawford Chairman of Bain’s Global Technology, Media, and Telecommunications practice ValueEvolution Will AI Disrupt Tech’s Most Valuable Companies?4Sover