AI ✦ Absolutely Incredible - GenAI, AI and Sustainable Business Executive and Board Member
INVESTMENT IN AI New study reveals the ROI of generative AI, highlights 5 trends to watch To help guide organizations on their AI transformation journey, Microsoft recently commissioned a new study through International Data Corporation (IDC), The Business Opportunity of AI. IDC’s findings show that when organizations truly commit to and invest in AI, the return on investment (ROI) potential grows significantly: The study found that the top leaders using generative AI (GenAI) are realizing a 10x return on their investment. While companies today are largely implementing out-of-the-box GenAI solutions and seeing significant ROI, more than half of those surveyed expect to build custom industry and line-of-business applications in the next 24 months – demonstrating that today’s ROI is quickly becoming tomorrow’s competitive edge. Other key findings from the study include: - GenAI usage jumped from 55% in 2023 to 75% in 2024. - For every $1 a company invests in generative AI, the ROI is $3.70. - On average, AI deployments are taking less than 8 months and organizations are realizing value within 13 months. - Within 24 months, most organizations plan to expand beyond pre-built AI solutions to advanced AI workloads that are customized or custom-built. - The ROI of generative AI is highest in Financial Services, followed by Media & Telco, Mobility, Retail & Consumer Packaged Goods, Energy, Manufacturing, Healthcare and Education. - 43% say productivity use cases have provided the greatest ROI. - The primary way in which organizations are monetizing AI today is through productivity use cases. In the next 24 months, a greater focus will be placed on functional and industry use cases. - The top barrier when implementing AI is lack of both technical and day-to-day AI skills. Niin ja olihan tuolla PALJON muuta: #AIatWork #Agents #AutonomousAgents #AzureAIFoundry #CopilotStudio #AIreports #AIGovernance #FineTuneAIInnovation #AbsolutelyIncredible
AI-positive digital business executive| Strong believer in responsible AI
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