Leaders pushing for AI investment are gaining competitive advantages

Date:
Sun, 22 Dec 2024 13:28:00 +0000

Description:
Unisys reports that companies investing in AI are poised for long-term success.

FULL STORY ======================================================================AI investment drives competitive advantage and innovation, report claims Dedicated AI leadership accelerates organizational efficiency Business executives see AI as a long-term asset

AI is reshaping the business landscape, and companies committed to AI investment are likely to reap sustained rewards, new research has claimed.

A report from Unisys reveals as businesses establish structured AI
strategies, backed by leadership and a long-term vision, they strengthen
their position in an increasingly competitive environment.

AI is expected to be a permanent component of several companies strategic roadmap as 93% of executives favor the use of AI to stay ahead of the competition. Time savings with Chief AI Officers?

Elsewhere, the report claimed 89% of brand executives anticipate their organizations AI use will rise over the next year, with this growing enthusiasm suggesting businesses recognize AIs potential to drive efficiency, innovation, and competitive differentiation.

The presence of dedicated AI leadership has proven to accelerate benefits, as
86% of companies with a Chief AI Officer reported substantial time savings.

Moreover, the competitive advantages are evident for companies that approach AI investment strategically. 30% of organizations that have invested in AI as a core component of their business strategy report a noticeable competitive edge.

Executives also recognize AI as a long-term asset, not just a trend. With nearly three-quarters of surveyed executives viewing AI as a reliable source of information, many are committed to sustaining AIs role in business beyond immediate projects.

The study also indicates 60% of organizations expect to diversify their AI investments across various projects in the coming years, ensuring that AI becomes embedded in different facets of their operations, rather than being limited to isolated use cases.

As Executives are seeking insights for ROI on AI investments, they should consider AI is designed to help problem-solve from mundane tasks to complex challenges," said Brett Barton Vice President and Global AI Practice Leader
at Unisys.

This allows organizations to maximize the impact, especially when there is a targeted business challenge. With the right strategy, use case and focus, organizations that deploy AI will thrive." You might also like These are the best AI website builders IBMs geospatial AI models are helping at-risk populations tackle sustainability and climate change Millennials are
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Link to news story: https://www.techradar.com/pro/Leaders-pushing-for-AI-investment-are-gaining-co mpetitive-advantages


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