EPISODE · Nov 21, 2024 · 17 MIN
Study Finds 370% ROI for Enterprise Generative AI
from The AI Daily Brief: Artificial Intelligence News and Analysis · host Nathaniel Whittemore
A new study by IDC, commissioned by Microsoft, reveals generative AI delivers an average ROI of 370% in enterprise settings, with AI leaders achieving over 10x returns. Key findings show productivity use cases dominate current AI applications, but a shift toward revenue generation and industry-specific use cases is emerging. Despite these promising returns, lacking employee skills remains the top barrier to wider adoption. Brought to you by: Vanta - Simplify compliance - https://vanta.com/nlw The AI Daily Brief helps you understand the most important news and discussions in AI. Subscribe to the podcast version of The AI Daily Brief wherever you listen: https://pod.link/1680633614 Subscribe to the newsletter: https://aidailybrief.beehiiv.com/ Join our Discord: https://bit.ly/aibreakdown
What this episode covers
A new study by IDC, commissioned by Microsoft, reveals generative AI delivers an average ROI of 370% in enterprise settings, with AI leaders achieving over 10x returns. Key findings show productivity use cases dominate current AI applications, but a shift toward revenue generation and industry-specific use cases is emerging. Despite these promising returns, lacking employee skills remains the top barrier to wider adoption. Brought to you by: Vanta - Simplify compliance - https://vanta.com/nlw The AI Daily Brief helps you understand the most important news and discussions in AI. Subscribe to the podcast version of The AI Daily Brief wherever you listen: https://pod.link/1680633614 Subscribe to the newsletter: https://aidailybrief.beehiiv.com/ Join our Discord: https://bit.ly/aibreakdown
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Study Finds 370% ROI for Enterprise Generative AI
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