Maximizing the Potential of AI for Business

Artificial Intelligence is high on the agenda of CEOs in many prominent organizations worldwide. The adoption of AI by business leaders continues apace, and its impact on the bottom line is growing. McKinsey research shows that most firms have adopted artificial intelligence in at least one of their business functions--up from 50 percent in 2020. Moreover, nearly two-thirds of respondents say their companies' investments in AI will continue to increase over the next three years, suggesting we're just in the early stages of the AI revolution. Only 11 percent of the businesses succeeded in bringing AI into the production phase, scaling it within their companies and integrating it into their DNA.