Nibble’s Post

The #monetisation challenge of AI in UK. While there is huge excitement and enthusiasm in the tech world about the potential of #AI and recently specifically #GenAI, what do #UK #consumers really think about it and how will this impact ability of #B2C industries to monetise AI ? 1) 68% UK consumers feel companies overestimate their interest in AI infused products and services and 20% are unsure about it. 2) 49% UK consumers report AI's presence does not influence their buying decisions and a further 29% report they are actually less likely to buy products that incorporate AI 3) Only 3% feel that a company investing in AI makes it innovative. Ultimately it comes to what value will 'AI' deliver to consumer and help them meet their needs, wants and aspirations. Demonstrating tangible 'value' from AI to the consumer remains the big challenge in monetising AI for B2C industries in UK ( I suspect it will be the same for B2B too). Survey by - The Harris Poll

According with last research of McKinsey & Company (“Beyond the hype: Capturing the potential of AI and gen AI in tech, media, and telecom”) the allows to identify more than 100 uses cases for Telco & Media Industry, the potential of Gen-AI to achieve significant impact for the industry is impressive and the largest share of total impact will likely be in CUSTOMER CARE and SALES, which together would account approximately for 70% of total impact. Network operations, IT, support functions would round out the rest.

Volume 24 of the Sandler Advisor provides valuable insights into sales methodologies and the application of AI in the field. It offers practical advice and examples to help sales professionals navigate technological advancements and enhance their sales strategies. This edition is a useful resource for staying informed and improving sales effectiveness. #SandlerEMEA #B2BSales https://hubs.la/Q02L3RZ_0

We are officially Spade AI (formerly Grandstage). Soft relaunch is February 19th. Sign up to get notified. https://www.getspade.ai/ Last week, I announced that we narrowed our focus to be an AI-powered market intelligence tool for B2B companies. With the more focused direction, a name change felt fitting. In our research around how people lead thought leadership and innovation in their companies, we discovered that experts are increasingly turning to AI tools to find information to formulate ideas and inform key business decisions. But, Gen AI has a credibility problem - you have little visibility or say in what information is used to respond to your prompt. We are bringing a trusted data layer to Gen AI, feeding it with the most credible, relevant and timely news, research, stats, and competitor intel for your business. Why Spade? A spade is a type of shovel. Our tool helps you delve deeper into the topics that are most pertinent to your business, but with a level of trust the information you will get is credible and relevant.

Engineers are beginning to leverage AI to pinpoint purchasing behavior patterns and tailor offers accordingly. It's no wonder we're seeing more organizations turn to AI as they enhance their sales efforts. As Customertimes' Head of Data & Digital Engineering, Dmytro Kobryn, notes in this piece, companies that invest in personalized sales strategies are witnessing an average sales increase of 20 percent. But like with any new technology, there are key concerns many are grappling with when it comes to using AI for business. Discover more in this piece: https://hubs.ly/Q02J5NnM0 #AIInSales #AISales #FutureOfSales

As companies assess #AI products for driving #innovation, #procurement is crucial in safeguarding against #AIwashing, which can exaggerate product functionality, according to Joanna Martinez, practitioner analyst for Acceleration Economy. Tune in: https://lnkd.in/gVHFydne #AIecosystem

We're proud to unveil our latest initiative — the Responsible AI Consulting Service, specially designed for our valued channels and partners ecosystem, including vendors, distributors, resellers, MSPs, MSSPs, CSPs, and Systems Integrators. At Levels Ventures, we believe in pioneering AI technologies that are innovative, ethical, and aligned with our core values. Our new service aims to guide our partners through the complexities of deploying AI responsibly, ensuring that the technology we create benefits everyone and harms none. Embrace the future with AI that is #ethical, #transparent, and #inclusive. Let's lead the change together. 🌟 Connect with us to explore how we can forge a path toward responsible AI deployment in this ever-evolving tech landscape. https://lnkd.in/gH9vvF-n With Kirsten Roy-Reid. @MauryG ,Paul Li, Mark Xavier Samar #LevelsVentures #ResponsibleAI #AIConsulting #TechInnovation #PartnershipEcosystem #EthicalAI #FutureofTech

Aneal Vallurupalli talks about how AI is significantly impacting the three core areas of businesses: people, processes, and systems. Companies need to understand how AI can be leveraged for operational improvements. For instance, AI has the capability to automate 30-40% of customer support tickets, greatly enhancing efficiency. It's also important for businesses to explore other functional areas where AI can be implemented effectively. To gain more insights, watch the full replay here: https://lnkd.in/e6Rk-tVn

🤖Negotiations & AI 🚀 As a buyer, we spend countless hours negotiating low-value contracts and managing tailspend. I had came across "Pactum", a groundbreaking negotiation bot powered by artificial intelligence. With sophisticated models and smart trade-off capabilities, Pactum's bot can negotiates intricate deals, identifying patterns and preferences to drive significant savings. While such AI bots are game-changer for tailspend but it recognizes the importance of professional buyers in high-value procurement contracts. By automating routine negotiations, such type of bots will allows buyers to dedicate their expertise to strategic deals that require human intervention. #NegotiationBot #ArtificialIntelligence #Procurement #Tailspend #Efficiency #Optimization

Successful IT sourcing relies on smart, collective, and timely decision-making. However, organizations are known to struggle with their IT decision-making, resulting in misguided decisions, costly investments, and missed opportunities. Today, sourcing functions are becoming increasingly strategic partners for IT and business. Respectively, it is essential for sourcing and IT teams to understand the complexities around IT decision-making to effectively support executives with their decision processes. Our first white paper, "Strategic IT Sourcing: Enhancing Decision-Making," discusses the challenges and opportunities around IT decision-making during sourcing processes. Learn how smart, strategic IT decisions can drive value and how your organization can make more informed, lasting IT decisions 🔑 Key insights include: Why is decision-making on IT so challenging? What are the best practices to orchestrate impactful IT decisions during sourcing? How can AI elevate sourcing strategies? 👉 https://lnkd.in/ek5DcExp #SmartSourcing #ITSourcing #ITDecisions #AI #Nvelop #ITProcurement #ProcureTech #Procurement