The power of Artificial Intelligence (AI) continues to revolutionize industries, offering organizations robust benefits with lower risks. By adopting AI with a strategic and well-governed approach, businesses can harness its potential efficiently and securely, overcoming regulatory challenges and skill shortages. Stay ahead in the digital age by embracing AI as more than just a box-ticking exercise. Lead the way with a well-planned AI implementation and unlock new opportunities for growth and innovation. #ArtificialIntelligence #DigitalTransformation #Innovation
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AI is considered a pivotal tool in an organization's digital armory, with 60% of CEOs expecting generative AI (GenAI), in particular, to improve product or service quality over the next year. As a result, nine-tenths (87%) of C-Suite executives feel pressured to rapidly implement GenAI solutions, at speed and scale.
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Predicting ROI from AI investments remains challenging. According to IDC, a majority of enterprises typically see a return on AI investments within 16 months, though about 30% report no returns. This underscores the importance of a flexible strategy, ready to adjust or pivot as needed. Here’s a link to a short article that speaks to the AI-ROI issue and highlights how this paradigm-shifting technology may require organizations to shift other paradigms … like ROI prediction. #AI #ROI #strategy #flexibility #enterprises #paradigmshift #IDC #Expedient https://lnkd.in/e8Vg_DjY
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Predicting ROI from AI investments remains challenging. According to IDC, a majority of enterprises typically see a return on AI investments within 16 months, though about 30% report no returns. This underscores the importance of a flexible strategy, ready to adjust or pivot as needed. Here’s a link to a short article that speaks to the AI-ROI issue and highlights how this paradigm-shifting technology may require organizations to shift other paradigms … like ROI prediction. #AI #ROI #strategy #flexibility #enterprises #paradigmshift #IDC #Expedient https://lnkd.in/eNcY6QmZ
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If building your #AI strategy seems like a huge challenge, remember: "a journey of a thousand miles begins with a single step." AI deployments require careful planning and gradual progression. It may be tempting to want to jump straight to the most advanced use cases, but you'll have a greater chance of success if you take a more pragmatic approach. In an article I recently contributed to Forbes, I outline a five-stage Pragmatic AI Maturity Model to help you understand your current capabilities and chart the course to more advanced deployments: https://bit.ly/3W90ya8 #PragmaticAI #Innovation #BusinessTransformation
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In 2025, organizations must begin by establishing an AI vision that matches their goals and strategic objectives. Buy-in from the C-suite is critical, as AI deployments require significant up-front investment. The CIO must clearly articulate the path to ROI to the entire C-suite—a true test of the CIO in elevating IT from an enabling function to a strategic one.
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Implementing AI effectively goes beyond adopting the latest GenAI tools. True transformation happens when AI is seamlessly embedded across business processes, unlocking efficiency and innovation. Leaders need to prioritize strategic, secure AI integration. #AI #DigitalInnovation #BusinessLeadership #AIinBusiness #TechStrategy Read more https://lnkd.in/eyHJNke6
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Quick Wins with AI - Small Steps, Build Momentum The integration of AI and digital transformation is reshaping business environments. Like most enterprise investments, CIOs are under growing pressure to show rapid results with Generative AI. Even groundbreaking innovations require financially sustainable business models with a clear ROI to justify spending and gain traction. Achieving these initial successes is crucial because AI represents more than just a tool—it signifies a fundamental change in business operations. ...... C-suite enthusiasm over generative AI wanes, putting pressure on quick wins https://flip.it/zXl5yG
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Empower Your Enterprise's Potential with Gen AI: Dive into Cognizant's practical guide for integrating Generation AI into your business seamlessly. Discover actionable strategies, real-world examples, and key considerations to navigate the evolving digital landscape. Embrace innovation, transform your workforce, and stay ahead in the era of AI. Access the full guide here: #GenerativeAI #GenAI #RetailInnovation #DigitalTransformation #FutureOfWork
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Despite the excitement surrounding AI, a modest 34% of organizations in a 2023 study felt equipped with the necessary data and technology infrastructure to fully utilize its capabilities (Foundry). Yet Gartner expects that by 2026 more than 80% of enterprises will adopt generative AI, integrating AI-enabled applications and APIs into their operations. To close that gap, AI adoption involves not merely possessing the right technology but also strategic planning, talent development and fostering an AI-aware culture. Organizations need to embark on a journey toward readiness and maturity, transitioning from interest to action. Contact me to find out how to close the gap most effectively. https://okt.to/w2D4ai #AI #FutureReady #CompanyCulture
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Stumbled on this great article about getting your business ready for AI! It covers how to evaluate your infrastructure, data, and culture, with super practical tips to close the gaps and prepare for adoption. Definitely worth a read! https://lnkd.in/gerYt_nM #AI #artificialintelligence #AIReadiness
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