Genpact’s launched a brand new report, issued alongside HFS surveying over 550 senior executives throughout 12 international locations and eight industries titled “The Two-Year Gen AI Countdown: How businesses are scaling GenAI adoption and avoiding the productivity trap.” The report unpacks how there’s a two-year window to capitalize on the benefits of generative AI earlier than aggressive disadvantages emerge.
A number of top-line highlights from the report embody:
- The position Gen AI performs in worth creation – Gen AI investments are projected to extend 27% over the subsequent 12 months. With 61% of leaders dedicating as much as solely 10% of their tech budgets to gen AI initiatives at the moment, what does the longer term maintain?
- Room for enchancment relating to adoption: Solely 5% of enterprises have achieved mature GenAI initiatives, signaling room for development.
- 35% of leaders rank productiveness and effectivity first when it comes to prime enterprise advantages, however they could be overlooking worker engagement: The highest ranked challenges or dangers if the market locations an excessive amount of emphasis on productiveness is worker discontent/burnout/declining morale (44%) adopted by a corporation’s popularity and stakeholder belief (38%).
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