When done right, AI has proven to provide real benefits including:
However, success has been far from easy. According to a McKinsey Survey, only 55 percent of AI adopters believe their program has been successful to date. Moreover, a little over half of the respondents also say that the program has been much harder to implement than they expected. Many AI adopters struggle with the following challenges.
AI adopted right, reaps multiple benefits for an organization. Artificial Intelligence can create value in an enterprise in four ways:
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