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AI Transformation Is Driving Digital Business

Publisher IDC
Published Jun 28, 2024
Length 6 Pages
SKU # IDC18930976

Description

AI Transformation Is Driving Digital Business


This IDC Perspective underscores the critical role of artificial intelligence (AI) in optimizing operational processes and pioneering new revenue models. Artificial intelligence is pivotal in driving digital business transformation with leaders integrating AI to optimize operations and innovate revenue models. IDC's research highlights a significant investment shift toward AI, particularly GenAI, correlating with enhanced market share and operational efficiency. The disparity in AI capabilities and investment between leading and nascent organizations underscores a competitive advantage, emphasizing the importance of AI mastery and strategic data utilization in securing digital business success."Mastering AI is essential in the digital business era. Those that continue to make investments in AI technology and data systems will be positioned to capture significant market share." — Craig Powers, research director, Worldwide Digital Business Strategies at IDC

Please Note: Extended description available upon request.

Table of Contents

6 Pages
Executive Snapshot
Situation Overview
New Digital Technology Investment Focuses on AI
Other Top New Technology Investments
The State of AI Capabilities
Skill Gaps Impact AI Mastery
How Companies Are Using AI
Advice for the Technology Buyer
Learn More
Related Research
Synopsis

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