Last Updated 04 Oct 2024
Maximizing ROI with AI: From Experimentation to Execution
Explore how AI drives ROI from experimentation to execution. Learn about strategic integration, tech partnerships, and practical implementation for success.
Understanding the Role of AI in ROI
Artificial intelligence (AI) has rapidly evolved from an experimental phase to a key driver of return on investment (ROI) for enterprises globally. As of 2024, about 72% of organizations have implemented AI in at least one business function. Many of them are experiencing substantial gains, according to McKinsey.
However, despite widespread AI adoption, many organizations struggle to achieve the anticipated returns. A report by Havard Business Review reveals that only 31% of the expected revenue lift and 25% of the expected cost savings have been realized. Therefore, businesses need to move beyond experimentation and adopt a strategic integration approach to unlock AI’s full potential. Read more on this topic in the article Maximizing ROI with Strategic AI Integration.
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