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75% tech leaders eye generative AI for competitive edge: Report
The Business Guardian
|October 07, 2024
With artificial intelligence (AI) gaining prominence in businesses, seventy-five per cent of technology leaders are exploring Generative AI for implementation within the next year, according to Experian's report conducted by Forrester Consulting.
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The report says that the business leaders identified technological disruption as the top external factor impacting their business in the coming two years, emphasizing the race toward AI supremacy to improve business efficiencies and reduce costs.
Seventy-five per cent of surveyed participants believe that competitive advantage in their industry will be dependent on who can make the best use of AI.
The same percentage of leaders senior leaders agree that Generative AI (GenAI) will significantly improve the way they assess risk, as per the report.
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