As organizations rapidly adopt AI across various business functions it’s evident that AI is no longer an optional investment but a necessary tool for innovation and growth.
This report from Harvard Business Review Analytic Services sponsored by Wipro FullStride Cloud, delves into the importance of AI in driving business outcomes. It equips CIOs and executives with the knowledge to navigate the complexities of AI adoption, ensuring that their investments are strategic and effective.
"Enterprises are poised for the AI-Era, it is also important to learn and understand best practices from other leaders to determine a successful approach." - Jo Debecker, Managing Partner and Global Head, Wipro FullStride Cloud.
Evolving Landscape of AI and Gen AI adoption
72%
Of organizations are incorporating AI
in 2024
36.6%
Expected annual growth rate from
2023 to 2030
65%
Of orgs have adopted genAI in atleast 1 business function
A few key highlights from the report include:
1. Identifying High-Potential Areas: Organizations must pinpoint areas where AI and generative AI can significantly drive business outcomes.
2. Alignment with Business Outcomes: It is crucial to align AI strategies with business outcomes to avoid undermining the success of AI implementations.
3. Measured Adoption Steps: Organizations should take deliberate steps to align AI adoption with business outcomes. This involves:
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