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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🚀 AI Adoption in Enterprises: A Reality Check 🤖 New research reveals only 25% of enterprises have deployed AI, with even fewer reaping significant rewards. Here's what you need to know: - Only 6% of organizations report substantial benefits from AI - 19% see moderate gains, while 75% are still in early stages or not using AI at all - Key challenges: data quality issues, lack of AI-ready infrastructure, and talent shortages 📊 Actionable Advice for AI Success: 1. Prioritize data quality and governance 2. Invest in AI-ready infrastructure 3. Upskill your workforce and attract AI talent 4. Start small with pilot projects to demonstrate value 5. Align AI initiatives with business objectives 6. Foster a culture of innovation and experimentation Remember, AI adoption is a journey, not a destination. Stay patient, persistent, and focused on long-term value creation. 💡 #AIAdoption #EnterpriseAI #TechInnovation https://lnkd.in/gcBZxEdR
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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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Discover how combining human ingenuity with AI capabilities is driving businesses to achieve 10x impact in innovation, efficiency, and growth. This insightful article dives deep into the transformative potential of this synergy, reshaping industries and redefining possibilities. 🌟 Key takeaways: ✅ Enhanced productivity with AI-human collaboration ✅ Breakthroughs in innovation ✅ Sustainable and scalable growth 💡 What are your thoughts on integrating AI into your business strategies? https://lnkd.in/dD7d-A6A #AI #HumanPlusAI #Innovation #BusinessGrowth #FutureOfWork
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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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Enterprise Gen AI is moving at a rapid pace, and embracing change is essential to harness its full potential. Deloitte's newly released State of Generative AI in the Enterprise report for Q1 2024 reveals that the initial novelty phase is quickly transitioning to serious efforts to operationalise and scale Gen AI to drive real business value. Companies are no longer just experimenting with generative AI; they are now integrating it into their core operations to enhance efficiency, innovation, and competitiveness. This shift requires businesses to adapt, invest in the right technologies, and cultivate a workforce capable of leveraging Gen AI effectively. Embracing these changes will be key to unlocking the transformative benefits of generative AI in the enterprise. #EnterpriseTech #GenAI #DigitalTransformation
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Embracing #AI is crucial for the future survival of your business. But let’s be real: driving successful AI adoption isn’t a linear path. With all the hype, it can be easy to make hasty decisions or investments in areas that don’t really add long-term value. The key is leading your organization through a strategic AI transformation process — without biting off more than you can chew at any given time. In my new article on Forbes, I discuss what a pragmatic approach to AI adoption looks like, and how you can assess your organization's AI readiness using a five-step maturity model. Check it out and learn how #PragmaticAI principles can help you make the most of AI and shape a successful future. Let me know in the comments what you think and what you found most helpful! https://lnkd.in/gm2zASyw #ProfessionalServices #AIAdoption
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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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Amidst today’s intense market competition, enterprises seek to leverage AI to gain a strategic advantage. Developing proprietary AI models enables companies to tailor solutions to their unique needs, ensuring optimal performance and differentiation. Starting a project to develop AI models involves navigating a complex landscape of technological challenges and requires careful planning, problem-solving skills, and a strategic approach to AI integration.
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What do you do when you want to innovate with AI but you don’t know where to start? According to some new research I spotted, businesses are struggling with their initial foray into AI tools. While 69% of organisations view AI as a tool to bolster innovation, they’re not quite sure how to implement solutions or help their teams navigate this transition. They are stuck! I hear this sentiment first-hand every week (across the world). I believe that organisations should initially focus on using AI to boost efficiencies and accelerate processes across teams, as these can have a huge impact on innovation. By starting with smaller business operations use cases to learn “how,” businesses can help support the workforce at every level and unlock business intelligence faster, establishing model risk and maturity frameworks. The initial (slower) learning will help empower and prepare the organisation for the “how” of longer-term innovation and revenue growth. I have been calling this the phase of “getting fit for growth”! #AI #Innovation #BusinessIntelligence #BusinessOptimisation #Technology https://lnkd.in/eSjsnqNE
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Generative AI has become a transformative force across global industries, as shown in the newly released IDC x Microsoft 2024 Business Opportunity of AI report. The report highlighted how Filipino businesses have been adopting AI at an accelerated pace to drive innovation, boost productivity, and unlock new growth. #BusinessOpportunityofAI #GadgetsMagazine #GenerativeAI #IDCxMicrosoft
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