Reuters Events Sustainable Business’ Post

AI is more than just a trend—it's a transformative force reshaping the business landscape. While previous hype may have left some skeptical, the reality is that AI is here to stay, and its impact is accelerating at a rapid pace. Our recent survey of the middle market reveals invaluable insights into the investments and adoption of AI technology. From identifying key trends to understanding implementation challenges, our findings shed light on how businesses are leveraging AI to gain a competitive edge and drive growth. Stay ahead of the curve and uncover the true potential of AI in your industry. Read our survey insights to unlock new opportunities and navigate the evolving AI landscape with confidence. #ai #middlemarket #rsm #innovation

With 93% of large companies viewing AI as essential to the success of their business, a new report reveals that more than three quarters face an AI skills shortage, according to US IT services firm UST. The reasons behind the lack of effective AI implementation include a lack of in-house skills, increasingly complex regulatory requirements, and rising ethical concerns. These factors create uncertainty, slow AI implementation and a failure reaping the technology's full potential. Krishna Sudheendra, CEO of UST said: “AI is a groundbreaking technology already accelerating innovation across industry sectors, improving productivity, and redefining what is possible in unimaginable ways. “This research comprehensively shows AI's myriad benefits and challenges for businesses. By shining a light on the dominant hurdles to effective AI integration, we hope to help enterprises identify the right tactics and facilitate greater adoption of AI.” Some 92% of the survey's respondents agreed that AI implementation aligns with their strategic goals but only 5% reported no significant challenges in deployment, showing clear signs of misalignment between company ambitions and resources. The survey also revealed that 40% of organisations have confidence in their responsible AI framework, and approximately 70% are concerned that a lack of diversity within their AI workforce leads to biased outcomes. Read more in Yahoo! Finance https://lnkd.in/gPa-ykTB

🏭 Reevaluating AI in the Workplace 👨💼 👷♂️ A recent CNBC article argues that viewing AI merely as a productivity tool might be a strategic error for corporations. 💰 In our capitalist world, it's easy to solely focus on productivity and revenue. 💱 Instead, integrating AI should focus on innovation, enhancing capabilities, and long-term growth. 🔗 Read more about this perspective: https://lnkd.in/ejJTXX_F #AI #Productivity #Innovation #CorporateStrategy #TechTrends

#Talent alignment, #organizational readiness and smart implementation are imperative for successful #AI adoption.

In another article by Sandra Durth, Bryan Hancock, Dana Maor, Alexander Sukharevsky (and edited by Roberta Fusaro) at McKinsey & Company authors cite a statistic that gen AI could enable automation of up to 70 percent of business activities across almost all occupations between now and 2030, adding trillions of dollars in value to the global economy. The article also suggests that business leaders need to think broadly about how the rollout of Gen AI could affect their organizations daily—especially their people. 70% of all business activities. Within six years? I would like to see the underlying analysis behind that prediction. https://lnkd.in/eNA6YS7Z by-gen-ai-driven-by-people?cid=eml-web #ai #aiadoption #aijourney

A timely conversation as AI is top of mind for all businesses. The key takeaway "Embracing AI is not just about technology; it’s about organizational readiness, culture, and strategic vision." A big thank you to Attica Alexis Jaques for sharing your perspective and insights as well!

AI has been hailed as a game-changer, and is predicted by 77% of experts to revolutionize productivity within five years. Also, Thomson Reuters survey finds AI expected to save employees up to 12 hours per week. In addition, the biggest impact seen in helping operational, product/service, and talent strategies. Note, 73% of professionals surveyed believe generative AI will transform their work. Ultimately businesses that invest in AI now will reap the rewards, while those that hesitate will lose out.

Now is the time to orient yourself and your company to a new ai paradigm.

Companies focus on short-term gains with #AI, neglecting its true potential. Learn about the importance of having a long-term strategic plan to leverage AI including: - Re-evaluating business processes & data strategies. - Establishing a dedicated AI team. - Fostering a culture of responsible AI. - Prioritizing data quality. Hear from Paul Pallath PhD – VP, Applied AI, Searce, and other industry leaders about how to leverage AI to drive real business outcomes: https://lnkd.in/dhPghv2A

Artificial Intelligence is transforming industries, creating unprecedented opportunities and efficiencies. According to AlixPartners' Digital Disruption Survey, 75% of leaders acknowledge AI's critical importance in their sectors. However, key questions remain: how do companies begin their AI journey, manage associated risks, and evaluate the real ROI of AI solutions?   In this article - together with Giorgio Ancona of Lutech, Stefano Gatti of Nexi Group, Giovanni Germani of Fastweb, Andrea Rondelli of Italiaonline and Cristina Cabella of UniCredit- we deep-dive into successful AI adoption by leading Italian companies, sharing examples of AI strategy and innovation integrated with clear governance and risk management   https://lnkd.in/dU9huTE3   Piero Masera Marcello Bellitto #AI #GenAI #digitaldisruption #artificialintelligence #DigitalTransformation #AIAdoption #RiskManagement #Innovation #BusinessStrategy #TalentDevelopment #Governance