The CFO’s Quest in an AI-first World

A new research study with HFS Research from Genpact (helping leading finance organizations with digital transformation) found that leading CFOs expect AI to be the “future” of their company. The CFOs surveyed – including chiefs from HP, HSBC, Trinity Health and more – see the biggest potential for data analysis, customer integration and forecasting, but also expressed concern about how to take the next step. 

Freshworks Report Reveals AI Is Delivering Strong Productivity Gains and Unlocking Higher-Value Work for Employees

Freshworks Inc. (NASDAQ: FRSH) released its new Global AI Workplace Report, revealing how various workplace departments are interacting with AI since the new era of generative AI exploded into the market 18 months ago. The global survey of 7,000+ full-time employees, collected from March 9 to April 4, 2024, revealed how AI has become a tool commonly used among knowledge workers – more than half (55%) of workers surveyed said they are currently using software applications enhanced with AI at work. 

Vero AI Publishes Report Identifying Trends in AI and Data Privacy Legislation, Supporting Enterprises in Compliance Planning

Vero AI, a first-of-its-kind analytical engine and scoreboard that helps enterprises fully harness the potential of advanced technology including artificial intelligence while minimizing risk, released an industry-agnostic report, Regulating the Future: Responsible AI Legislation Trends and Predictions on key trends in current and emerging artificial intelligence (AI) legislation.

Bain AI Survey Results Show Enthusiasm for GenAI but is Vision AI the Next Boom?

Bain & Company released their AI Survey results illustrating that businesses are investing heavily in generative AI, with 87% of surveyed companies working with gen AI in some capacity. Business leaders are eager to see results, however, the real value comes from how AI changes what businesses can do.

New AI Data: 88% of SMBs Use AI and 40% Concerned about Security

Our friends over at Pax8, a leading cloud commerce marketplace, released a new global report in collaboration with Microsoft and Channelnomics on the AI buying trends of Small and Midsize Businesses (SMBs).  

New Global Survey Finds Enterprises Lack Direction and Training for Workers on the Use of GenAI Tools   

UiPath (NYSE: PATH), a leading enterprise automation and AI software company, published its annual Global Knowledge Worker Survey that uncovers how employees are using generative AI (GenAI), the shortcomings and risks of the technology, and the opportunity for combining GenAI with business automation. 

Survey: C-Suite Execs Trust AI’s Potential but Face Challenges in Strategy, Execution, and Reliability

A new survey of C-suite executives and AI leaders shows while enterprise decision-makers trust the potential of AI, many lack confidence in their company’s strategy to execute as well as the data readiness to ensure reliability of AI outputs. Moreover, 7 in 10 executives say their AI strategy is not fully aligned to their business strategy today.

Genpact/HFS Share Considerations for Intelligent and Sustainable Gen AI Adoption

Genpact’s released a new report, issued alongside HFS surveying over 550 senior executives across 12 countries and 8 industries titled “The Two-Year Gen AI Countdown: How businesses are scaling GenAI adoption and avoiding the productivity trap.” The report unpacks how there is a two-year window to capitalize on the advantages of generative AI before competitive disadvantages emerge.

New Research from Elastic Finds Conversational Search Could Yield Staggering Productivity Returns

New research by Elastic (NYSE: ESTC), the company behind Elasticsearch®, found nearly all (99%) global IT decision makers, regardless of region or industry, recognize GenAI’s transformative potential to influence change within their organizations. However, early adoption continues to be slowed by chaotic data estates, search challenges, and fears around privacy and security, regulation, and internal skills gaps.

Exasol Finds AI Underinvestment Leads to Business Failure, But Data Challenges Stall Rapid Adoption

Senior decision-makers know that AI is critical for their business’ viability, yet despite growing stakeholder pressure to implement the technology quickly, regulatory and technological challenges are slowing the process, according to a new report from our friends over at Exasol, the high-performance analytics database provider. Exasol’s 2024 “AI and Analytics Report” investigates the current state of AI implementation, top data analytics challenges, and the future of the C-suite given the explosive growth of data and adoption of emerging technologies.