The touted benefits of artificial intelligence (AI) are vast. It’s promised to boost efficiency, create happier workers and drive innovation. Sounds great – but at what point do you see value for money? This is an issue that many businesses are continuing to grapple with, and the data paints a sobering picture.
Research reveals a mere 36% of organizations have successfully scaled their GenAI solutions, with just 13% achieving a significant, enterprise-level impact. The gap between pilot and profit is becoming a chasm, with Gartner predicting 30% of GenAI projects will be abandoned after the proof-of-concept stage this year alone.
