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2024 Business Opportunity of AI | Generative AI Delivering New Business Value and Increasing ROI
Businesses are rapidly adopting generative AI to boost performance and growth — and the results speak for themselves. The eBook, "Generative AI Delivering New Business Value and Increasing ROI," provides IDC insights on how organizations are achieving measurable returns, driving innovation, and positioning themselves as AI leaders. Download the eBook to explore practical applications for your business, and contact Cutec for personalized guidance on your AI adoption strategy.
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How are organizations currently using Generative AI?
Over 92% of organizations are currently utilizing AI for marketing and public relations. Additionally, productivity and top-line growth are the main priorities for businesses adopting Generative AI, with a significant focus on enhancing employee efficiency and driving revenue.
What challenges are organizations facing in adopting Generative AI?
The top challenge for organizations worldwide is the lack of employees with the necessary skills and capabilities to effectively utilize AI technologies. Concerns about data security also hinder broader adoption of Generative AI.
What is the expected ROI from Generative AI investments?
Organizations are realizing an average return of 3.7 times for every dollar invested in Generative AI. This ROI is particularly high in sectors like financial services and media, indicating that Generative AI is generating greater returns compared to traditional AI solutions.
2024 Business Opportunity of AI | Generative AI Delivering New Business Value and Increasing ROI
published by Cutec
Cutec is an IT support, Solutions and Unified communications provider for any small to medium size businesses located in the South West and further afield. Based in Plymouth, Devon we have over 20 years experience and we offer a range of packages to fit any size business or budget.
We understand that not one size fits all and each business has unique set of IT requirements, that's why Cutec offers a tailored approach to the services we offer. We offer anything from a complete fully managed IT services solution to a standalone machine for a sole trader business.
We can provide all your IT and Communication requirements (Support, Broadband, Email, Hosting and Communications) on one simple monthly invoice, saving you money and hassle. One provider, one account, one contact for support from a local friendly team.
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