Why The CEO Must Be The Company's Primary AI Leader

#artificialintelligence 

Long thought of as a tool to increase efficiency and save costs, AI has now proven to be an innovation driver that enables business growth. According to our latest Accenture research on AI among 1,200 global companies, "AI Achievers"--those companies that are the most AI-mature--enjoy 50% greater revenue growth, clearly outpacing their competitors. Why, then, are most organizations (63%) stuck in the experimentation phase with AI? Because AI initiatives are often led with timidity and are hampered by "pilot-itis," a fixation on pilot projects at the expense of scale. Speaking to a select group of CEOs as part of the research revealed an opportunity--and the need--for companies' most senior leaders to increase their AI expertise.

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