Infosys (NYSE: INFY), a global leader in consulting, technology, and next-generation services, released global research on the impact artificial intelligence (AI) technology implementations in the enterprise are having on return-on-investment (ROI), the workforce and organizational leadership. The research report, Leadership in the Age of AI, surveyed more than 1,000 business and IT leaders with decision-making power over AI solutions or purchases at large organizations across seven countries.
The research findings point to a fundamental shift in how enterprises operate as AI takes hold. Enterprises are moving beyond the experimentation phase with AI, deploying AI technologies more broadly and realizing benefits across their business. According to the survey, 73 percent of respondents agreed or strongly agreed that their AI deployments have already transformed the way they do business, and 90 percent of C-level executives reported measurable benefits from AI within their organization. Additionally, the data showed organizations are taking steps to prepare employees and business leaders for the future of work, with 53 percent of respondents indicating that their organization has increased training in the job functions most affected by AI deployments.
While it’s fair to say that, like most promising new technologies, there has been a tremendous amount of hype around AI, it turns out that the vast majority of enterprises with AI deployments are realizing clear and measureable results,” said Mohit Joshi, President, Infosys. “AI, as the research shows, is becoming core to business strategy, and is compelling business leaders to alter the way they hire, train and inspire teams, and the way they compete and foster innovation. Industry disruption from AI is no longer imminent, it is here. The organizations that embrace AI with a clearly defined strategy and use AI to amplify their workforce rather than replace it, will take the lead, and those that don’t will fall behind or find themselves irrelevant.”
Below are the few of the findings:
- 90% of C-level executives reported measurable benefits from deploying AI technologies within their organization
- 83% of IT decision makers were confident employees in their organization could be trained for the new job roles AI will create in their business
- 45% of respondents said the AI deployments in their organization are greatly outpacing the accuracy and productivity of comparable human activity
To download the full research report HERE.
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