Leaders who push for AI investments gain competitive advantages
- AI investments drive competitive advantage and innovation, claims report
- Dedicated AI leadership accelerates organizational efficiency
- Business leaders see AI as a long-term asset
AI is reshaping the business landscape, and companies committed to AI investments are likely to reap lasting benefits, new research shows.
A report from Unisys reveals that companies that develop structured AI strategies, supported by leadership and a long-term vision, strengthen their position in an increasingly competitive environment.
AI is expected to be a permanent part of several companies’ strategic roadmap as 93% of executives are in favor of using AI to stay ahead of the competition.
Time savings with Chief AI Officers?
Elsewhere, the report claims that 89% of brand managers expect their organization’s AI use to increase in the coming year. This growing enthusiasm suggests that companies are recognizing AI’s potential to drive efficiency, innovation and competitive differentiation.
The presence of dedicated AI leadership has been proven to accelerate benefits, as 86% of companies with a Chief AI Officer reported significant time savings.
Moreover, the competitive advantages are evident for companies that approach AI investments strategically. 30% of organizations that have invested in AI as a core component of their business strategy report a noticeable competitive advantage.
Executives also recognize AI as a long-term asset, not just a trend. With nearly three-quarters of executives surveyed considering AI a reliable source of information, many are determined to maintain AI’s role in business beyond direct projects.
The research also shows that 60% of organizations expect to diversify their AI investments across projects in the coming years, so that AI becomes embedded in different facets of their operations, rather than limited to isolated use cases.
“As executives look for insights to drive ROI from 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 AI Practice Leader at Unisys.
“This allows organizations to maximize impact, especially when there is a targeted business challenge. With the right strategy, use case and focus, organizations that deploy AI will thrive.”