BCG X

The solution to uncertainty? Artificial intelligence 💡. Boston Consulting Group (BCG) and MIT Sloan Management Review's new survey of 3,000 companies across 21 industries in 136 countries reveals that organizations combining AI-specific learning with broader organizational learning gain a powerful advantage. These “Augmented Learners” are:   1.6x more likely to manage uncertainty like tech shifts and regulatory changes  1.4x more likely to see revenue gains and business value from AI   How can your organization achieve similar results? Read our new report here: https://on.bcg.com/4hKgjwX #AI #ArtificialIntelligence #BusinessStrategy  

Excited to be joining leading technology and business experts from across the globe at this year’s AWS re:Invent 🚀. BCG has just signed a new strategic collaboration agreement with Amazon Web Services (AWS) centered on helping enterprises fast-track the deployment of #GenAI from proof of concept to large-scale, production-ready solutions. Together, we will enable enterprises to leverage GenAI to transform operations, boost efficiency, and drive measurable business outcomes. As an AWS Strategic Alliance Partner, we couldn’t be more excited about this collaboration and to be taking part in this year’s #AWSreinvent. Learn more about our presence and partnership here: https://on.bcg.com/3ARg3eV #BCGatAWSreInvent

Are companies doing enough to support new parents in the workplace? A staggering 45% of postpartum moms feel they receive inadequate care, leading to burnout and high turnover rates.    InnovateHer’s latest research underscores just how vital postpartum benefits are–not only for health but also for retention.      📖 Discover the key reasons companies should prioritize postpartum benefits and actionable insights to make a difference: https://on.bcg.com/3UKO4Ew       #BCGXInnovateHer #WomensHealth #Femtech #Postpartumcare  

At BCG X, our team of over 3,000 tech builder, designers, and entrepreneurs are fueled by a common goal: creating businesses, product, and services that will change the world. BCG X Alumna, Kat Garcia, is on a mission to do just that. As a co-founder and Co-CEO of Ground, Kat now spends her days helping next-generation consumer brands unlock more revenue with the power of #AI. She recently caught up with our Global Leader for Digital Growth, Robert Derow, to discuss the ever-evolving growth landscape and how emerging technologies like #GenAI is sparking new innovation. Watch their conversation here: https://bit.ly/48FVqPm

#GenAI is reshaping health care–from drug discovery to patient outcomes. But with new innovations flooding the market, how can investors pinpoint the real game-changers?     To cut through the hype and identify future winners, there are four innovation hot spots to focus on. ➡️ Swipe to learn more and dive deeper into what GenAI means for health care investors here: https://on.bcg.com/3YABglf     #GenerativeAI #HealthCare #HealthCareInnovation  

AI can deliver finance leaders with 20-40% efficiency gains and 50% increase in forecast accuracy 📈. To fully unlock its value, finance functions need to move beyond exploration to reinventing end-to-end processes by: 💥 Adapting the operating model, talent, and ways of working to support new processes 💥 Modernizing the tech stack and rewiring data hierarchies to enable further value gains Read BCG’s new playbook to discover more on how finance leaders can tap into AI’s enormous potential: https://on.bcg.com/3YgaeAW #BCGExecutivePerspectives #Finance #GenerativeAI #ArtificialIntelligence

In today’s fast-evolving tech landscape, procurement processes are transforming to keep up with the demands of efficiency and accuracy in the automotive industry. 🚗💡   BMW Group collaborated with Amazon Web Services (AWS), BCG, and Auto AI by BCG X to launch their Offer Analyst—a groundbreaking #GenAI solution tailored for procurement. This tool leverages advanced #AI to streamline document review, automate compliance checks, and provide interactive analysis, revolutionizing the traditional procurement workflow.   The outcome? Enhanced speed, reduced error rates, and empowered procurement specialists who can focus on strategic decision-making. Explore the full transformation journey: https://bit.ly/48EPHtd   #AutoAIbyBCGX #Automotive #Procurement #GenerativeAI

As #GenAI systems become more complex, managing unanticipated risks is crucial for organizations. But despite comprehensive testing and evaluation, the risk of system failure will never be zero.     ➡️ To succeed in the long-term, organizations need a proactive strategy for monitoring, escalation, response, and recovery. Get started here: https://on.bcg.com/3Ywx1am     #GenerativeAI #ResponsibleAI #RAI #RiskManagement

The AI regulatory landscape is ever-evolving, with new frameworks like the European Union’s AI Act marking pivotal steps forward.     For the third year in a row, Boston Consulting Group (BCG) and MIT Sloan Management Review brought together a global panel of AI experts to examine how organizations are tackling AI risks in the face of uncertainty. Our learnings?  🚧 Many experts believe organizations are not adequately enhancing risk management for AI challenges  ⏳Nearly half doubt organizations can meet the EU AI Act's requirements in the next 12 months  🔍 Panelists agree that companies should disclose AI usage, emphasizing transparency as vital for customer trust but highlighting challenges in defining disclosure requirements  🌍 Most panelists see insufficient global alignment on responsible AI standards, complicating enforcement and compliance     📖 Dive deeper into our insights here: https://bit.ly/3YAp6J9   #ResponsibleAI #EUAIAct #AI #ArtificialIntelligence  

Congratulations to our newly elected Managing Director & Partners welcoming in a new era of innovation 🚀!