Malik Naveed Akram’s Post

Generative AI is reshaping M&A, but we're just at the beginning. Right now, only 16% of M&A experts are exploring AI's capabilities, yet expectations are sky-high with 80% planning to embrace it in the next three years. The early adoption stages show promise – 85% report AI meets or exceeds expectations, particularly in target identification and document review. 🔍 The challenge? Differentiating your strategy using AI. With the landscape evolving rapidly, the question isn't if AI will impact M&A, but how we can leverage it for a competitive edge. 📈 Dive deeper into these insights with the Bain & Company 2024 M&A Report. 🤔 How will AI influence your approach to M&A? Learn more here: https://lnkd.in/gf7HeKZh #AIinMandA #MergersAndAcquisitions #Innovation #CareerAdvantage #ArtificialIntelligence

Generative AI is becoming a big deal in 2024. According to a recent McKinsey survey, 65% of organizations are now using Generative AI regularly. That's nearly double the number from just ten months ago! Companies are already seeing real benefits. They’re reporting lower costs and increased revenue thanks to Generative AI. It's being used mainly in areas like marketing, sales, product development, and IT. In these fields, it’s creating significant value. For example, businesses have noticed cost reductions in human resources and boosts in revenue from supply chain management. This trend isn’t just happening in one part of the world; it’s global. The survey found that over two-thirds of organizations in nearly every region are on board with AI. Professional services have seen the largest increase in adoption. Organizations are investing heavily in Generative AI. Many plan to ramp up these investments over the next three years. In fact, a large chunk of their digital budgets is going towards Generative AI, sometimes even more than what they spend on traditional AI. If you're curious to learn more, check out the McKinsey report on the state of AI in early 2024: https://lnkd.in/dCff9r_9

Generative artificial intelligence (AI) is significantly reshaping various aspects of business. Dive into this insightful article to discover how companies can leverage Generative AI to enhance their M&A capabilities. Share your reflections and perspectives. Check out the article here: https://lnkd.in/ezCYEDX9

Results of the KPMG study ‘Generative AI in the German economy’ ✅ 53% of companies want to increase investments in generative AI in the next 12 months. ✅ 67% each expect an increase in turnover and automation, 65% expect costs to fall, 55% hope for higher productivity #ai #germaneconomy

Leveraging generative AI in Europe: The opportunities and challenges October 17, 2023 | Article This is still on point for the UK and Europe, don't just think the way forward is to use Amercian companies to help in your AI discission making. Yes they are good, but there are excellent ones, potentially cheaper and more productive AI consultancies and software, such as AI-UK.io, in the UK and Europe, and globally. #ai #aiadvancements #ai-uk

Title: When Not to Use Generative AI Comment:,Misusing GenAI diminishes the value of AI in organizations: Amid the hype over GenAI, it’s important to ask if GenAI — or another kind of AI — is really what you need. Misusing GenAI will sabotage your results. See… https://lnkd.in/eTwhrvHT Generative AI (GenAI) adoption has exploded over the past year, and it has rapidly become one of the most deployed AI techniques across business units and organizations, according to Gartner surveys. There’s a good reason: GenAI offers the promise of both everyday and game-changing business improvements. But GenAI is not a silver bullet. Download Now: 4 Initiatives to Get Your Enterprise AI Ready Generative AI is only one piece of the much broader AI landscape, and most business problems require a combination of different AI techniques. Ignore this fact, and you risk overestimating the impacts of GenAI and implementing the technology for use cases where it will not deliver the intended results. Use this guidance to evaluate when to use GenAI, when to use alternative AI techniques, and when to lean on some combination of the two.

As organizations embrace opportunities associated with #generativeAI, they also grapple with the challenges and risks it raises. 98% of IT and data-decision makers surveyed agree that a focused AI leader such as a #CAIO can accelerate the adoption of generative AI within organizations, while 96% say that a unified asset strategy is critical to the success of generative AI use cases. Read the full article here: http://spr.ly/6045ePGHb #GenerativeAI #CAIO #ChiefAIOfficer #UnifiedAssetStrategy Iron Mountain

"The Republic could take a leading role in generative AI technology noted Accenture’s report, Generating Growth: How generative AI can power Ireland’s reinvention." https://lnkd.in/eENCiYgx

As organizations embrace opportunities associated with #generativeAI, they also grapple with the challenges and risks it raises. 98% of IT and data-decision makers surveyed agree that a focused AI leader such as a #CAIO can accelerate the adoption of generative AI within organizations, while 96% say that a unified asset strategy is critical to the success of generative AI use cases. Read the full article here: http://spr.ly/6044e1Lgw #GenerativeAI #CAIO #ChiefAIOfficer #UnifiedAssetStrategy Iron Mountain

As organizations embrace opportunities associated with #generativeAI, they also grapple with the challenges and risks it raises. 98% of IT and data-decision makers surveyed agree that a focused AI leader such as a #CAIO can accelerate the adoption of generative AI within organizations, while 96% say that a unified asset strategy is critical to the success of generative AI use cases. Read the full article here: http://spr.ly/6047eBZOz #GenerativeAI #CAIO #ChiefAIOfficer #UnifiedAssetStrategy Iron Mountain