Cognizant
After decades of experimentation, artificial intelligence (AI) has neatly jumped from backroom lab and academic basement to the business mainstream. Machine intelligence now touches nearly every personal and professional interaction and transaction we have. And our dependence on AI will only grow in the post-pandemic era as the ability to make real-time predictions and fashion prescriptions to our daily challenges will fundamentally depend on having fresh data and precise algorithmic models.
A new Cognizant-sponsored research study of 1200 executives across industries worldwide finds that a majority of respondents see AI as vital to the future of their business. Yet, less than half of those surveyed said their AI projects are profitable. And of those projects that are delivering returns, the average ROI is only 1.3%. How can leaders improve AI’s return?
It starts with acquiring the right skills, mindset and capacity to deliver AI at scale. By making a full-fledged commitment to modernizing data and acquiring the platforms that blend internal insights with relevant third-party data, senior leaders can significantly enhance returns from their AI investments. The goal: AI algorithms that learn as data and models evolve, delivering faster and more precise decisions that enable organizations to outperform and outmaneuver the next inevitable Black Swan event.
Learn more: http://cogniz.at/returnonaiwebinar
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