PSB Insights is proud to have partnered with Unisys on groundbreaking research exploring the impact of AI on businesses. The findings reveal a critical truth: artificial intelligence is rapidly reshaping the business landscape, and organizations must adapt strategically to thrive in this new era. In fact, a significant majority of executives (62%) believe AI will be even more impactful than the internet, underscoring its transformative potential.
This research identifies key opportunities and challenges for organizations navigating the AI revolution.
Key insights
- Competitive advantage: Strategic AI adoption is a key differentiator, with early adopters gaining a significant competitive edge.
- Employee empowerment: AI enhances job satisfaction by streamlining routine tasks and freeing up time for more strategic work.
- Productivity & efficiency: AI drives significant improvements in operational efficiency and employee productivity, leading to cost savings.
- Bridging the skills gap: A significant skills gap exists, making comprehensive employee training programs crucial for successful AI integration and maximizing its potential.
- Risk mitigation: Concerns around inaccurate output, security vulnerabilities, and bias require careful consideration and proactive mitigation strategies.
- Leadership is key: Dedicated AI leadership and a comprehensive AI strategy are essential for maximizing AI’s impact. Companies with a Chief AI Officer report significantly greater time savings.
- Evolving investment strategies: While current AI investments may be concentrated in a few key areas, future investments are expected to be spread across a wider variety of initiatives, indicating a broadening understanding of AI’s potential applications.
- The importance of partners: Choosing the right AI partner is crucial, with organizations prioritizing measurable benefits and a proven track record.
Strategic AI adoption is no longer a futuristic concept; it’s a present-day imperative for organizations seeking a competitive edge. To delve deeper into these findings and unlock the full potential of AI for your business, access the complete report.
Questions about this research? Contact Cindy Malone cmalone@psbinsights.com
