- Investment in AI drives innovation and competitive advantage, says report
- Dedicated AI Leadership Accelerates Organizational Efficiency
- Business executives see AI as a long-term asset
AI is reshaping the business landscape and companies committed to investing in AI are likely to see sustained rewards, according to new research.
A Unisys report reveals that as companies establish structured AI strategies, supported by long-term vision and leadership, they strengthen their position in an increasingly competitive environment.
AI is expected to be a permanent component of several companies’ strategic roadmap, as 93% of executives favor using AI to stay ahead of the competition.
Time savings with AI directors?
Furthermore, the report states that 89% of brand executives anticipate that the use of AI in their organizations will increase over the next year, and this growing enthusiasm suggests that companies recognize the potential of AI to drive efficiency , innovation and competitive differentiation.
The presence of dedicated AI leadership has been shown to accelerate benefits, with 86% of companies with a Chief AI Officer reporting substantial time savings.
Furthermore, competitive advantages are evident for companies that strategically approach investing in AI. 30% of organizations that have invested in AI as a core component of their business strategy report a notable competitive advantage.
Executives also recognize that AI is a long-term asset, not just a trend. With nearly three-quarters of executives surveyed viewing AI as a trusted source of information, many are committed to maintaining AI’s role in business beyond immediate projects.
The study also indicates that 60% of organizations expect to diversify their AI investments across multiple projects in the coming years, ensuring that AI is integrated into different facets of their operations, rather than limited to isolated use cases.
“As executives seek insights into the ROI of AI investments, they should consider that AI is designed to help solve problems, from mundane tasks to complex challenges,” said Brett Barton, vice president and global practice leader. of AI at Unisys.
“This allows organizations to maximize impact, especially when there is a specific business challenge. With the right strategy, use case and approach, organizations that implement AI will thrive.”