Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
Technology

AI delivers bigger financial gains only when companies redesign workflows: McKinsey

Companies that simply add artificial intelligence (AI) to existing business processes are unlikely to see meaningful financial gains, with the biggest benefits coming only after they redesign how work is carried out around AI, according to a new report by QuantumBlack, AI by McKinsey.

The report, "The Symbiotic Enterprise: How Cognitive and Physical AI are Reinventing Enterprise Execution", said widespread AI adoption has so far translated into only limited business impact because most organisations continue to use the technology within existing operating models.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.