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IBM "AI in Action" Report Identifies Key Characteristics of Businesses That Consider Themselves Leaders in AI By Investing.com
Effective Data Management Strategy and Aggressive Investment Approach Found as Biggest Differentiators , /PRNewswire/ -- IBM (NYSE:IBM) (NYSE: IBM) released a new report called AI in Action (WA:ACT) that highlights artificial intelligence strategies of businesses considered "AI Leaders." The report is based on a survey, conducted on behalf of IBM by Harris Poll, of 2,000 companies across the , , , and . According to the findings, of the 2,000 businesses surveyed, 15% reported being far ahead of their peers when it comes to leveraging AI to maximize value across their business. The report defines these businesses as "AI Leaders." The remaining 85% of respondents were classified as "Learners." "Of the organizations that were considered AI Leaders, two-thirds reported that AI has already driven 25% or greater improvement in their revenue growth rate," said , VP & Sr. Partner, Americas AI Leader, IBM Consulting. "We dove into the data to uncover how these AI Leaders were implementing AI within their businesses that could help others learn from their success." The report identified four key findings that may explain the outcomes achieved by AI Leaders: For the full report, including country-specific data, visit https://www.ibm.com/think/reports/ai-in-action. Is your company an AI Leader? Click HERE to take the quiz and find out. The research for this report was conducted online by The Harris Poll on behalf of IBM from 20 February through . The survey was conducted among IT and business decision-makers in the US, , , the and . The decision-makers had to possess a deep knowledge of their company's AI-based tools or processes in all their forms and work for large companies with either an annual revenue of more than or a company size of more than 1,000 employees. About IBM IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Thousands of government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM's long-standing commitment to trust, transparency, responsibility, inclusivity and service. About The Harris Poll The Harris Poll is one of the longest-running market research firms in the US, tracking public opinion, motivations and social sentiment since 1963. It's now part of Harris Insights & Analytics, a global consulting and market research firm that strives to reveal the authentic values of modern society to inspire leaders to create a better tomorrow. It works with clients in 3 primary areas: building a 21st-century corporate reputation, crafting brand strategy and performance tracking, and earning organic media through public relations research. Its mission is to provide insights and advisory to help leaders make the best decisions possible.
[2]
IBM "AI in Action" Report Identifies Key Characteristics of Businesses That Consider Themselves Leaders in AI
Effective Data Management Strategy and Aggressive Investment Approach Found as Biggest Differentiators , /CNW/ -- (NYSE: ) released a new report called AI in Action that highlights artificial intelligence strategies of businesses considered "AI Leaders." The report is based on a survey, conducted on behalf of by Harris Poll, of 2,000 companies across the , , , and . According to the findings, of the 2,000 businesses surveyed, 15% reported being far ahead of their peers when it comes to leveraging AI to maximize value across their business. The report defines these businesses as "AI Leaders." The remaining 85% of respondents were classified as "Learners." "Of the organizations that were considered AI Leaders, two-thirds reported that AI has already driven 25% or greater improvement in their revenue growth rate," said , VP & Sr. Partner, Americas AI Leader, . "We dove into the data to uncover how these AI Leaders were implementing AI within their businesses that could help others learn from their success." The report identified four key findings that may explain the outcomes achieved by AI Leaders: For the full report, including country-specific data, visit https://www.ibm.com/think/reports/ai-in-action. Is your company an AI Leader? Click HERE to take the quiz and find out. The research for this report was conducted online by The Harris Poll on behalf of from 20 February through . The survey was conducted among IT and business decision-makers in the US, , , the and . The decision-makers had to possess a deep knowledge of their company's AI-based tools or processes in all their forms and work for large companies with either an annual revenue of more than or a company size of more than 1,000 employees. About is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Thousands of government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by long-standing commitment to trust, transparency, responsibility, inclusivity and service. About The Harris Poll The Harris Poll is one of the longest-running market research firms in the US, tracking public opinion, motivations and social sentiment since 1963. It's now part of Harris Insights & Analytics, a global consulting and market research firm that strives to reveal the authentic values of modern society to inspire leaders to create a better tomorrow. It works with clients in 3 primary areas: building a 21st-century corporate reputation, crafting brand strategy and performance tracking, and earning organic media through public relations research. Its mission is to provide insights and advisory to help leaders make the best decisions possible. View original content to download multimedia:https://www.prnewswire.com/news-releases/ibm-ai-in-action-report-identifies-key-characteristics-of-businesses-that-consider-themselves-leaders-in-ai-302299992.html
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IBM's "AI in Action" report identifies characteristics of businesses that consider themselves AI leaders, highlighting effective data management and aggressive investment as key differentiators.
IBM has released a new report titled "AI in Action," shedding light on the artificial intelligence strategies employed by businesses considered "AI Leaders." The report, based on a survey conducted by Harris Poll on behalf of IBM, analyzed 2,000 companies across the United States, United Kingdom, Singapore, and India 12.
The survey revealed that 15% of the 2,000 businesses surveyed reported being far ahead of their peers in leveraging AI to maximize value across their operations. These companies were classified as "AI Leaders," while the remaining 85% were categorized as "Learners" 12.
Notably, two-thirds of the AI Leaders reported that AI has already driven a 25% or greater improvement in their revenue growth rate. This significant impact on business performance underscores the potential of AI when effectively implemented 12.
The report identified four key findings that may explain the outcomes achieved by AI Leaders:
These characteristics appear to be the biggest differentiators between AI Leaders and Learners, suggesting that successful AI implementation requires a strategic approach to data and a willingness to invest heavily in AI technologies 12.
The research for this report was conducted online by The Harris Poll from February 20 through March 2023. The survey targeted IT and business decision-makers in the US, UK, Singapore, and India. Participants were required to have deep knowledge of their company's AI-based tools and processes and work for large companies with either an annual revenue of more than $500 million or a company size of more than 1,000 employees 12.
As a leading provider of global hybrid cloud and AI solutions, IBM helps clients in over 175 countries leverage insights from their data, streamline business processes, reduce costs, and gain a competitive edge. The company's expertise spans various critical infrastructure areas, including financial services, telecommunications, and healthcare 12.
IBM's commitment to innovation is evident in its breakthrough developments in AI, quantum computing, and industry-specific cloud solutions. The company emphasizes open and flexible options for its clients, underpinned by a long-standing commitment to trust, transparency, responsibility, inclusivity, and service 12.
The "AI in Action" report offers valuable insights for companies looking to enhance their AI capabilities. By understanding the characteristics of AI Leaders, businesses can identify areas for improvement and potentially accelerate their own AI adoption and implementation strategies 12.
IBM has made the full report, including country-specific data, available on their website. Additionally, they have provided a quiz for companies to assess whether they qualify as AI Leaders, offering a practical tool for businesses to evaluate their current AI standing 12.
A recent IBM study shows that Indian companies are making substantial progress in AI implementation, with 87% reporting significant advancements in their 2024 AI strategies and 76% achieving ROI-driven results. The study also highlights a growing interest in open-source AI tools and the importance of responsible AI practices.
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A recent IBM study highlights significant differences in perspectives between small to medium-sized business (SMB) leaders and the banks serving them. This disconnect presents opportunities for nimble financial institutions to compete in this diverse market segment.
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Nvidia Corporation stands out as the leading artificial intelligence stock to buy in July 2024, according to recent market analyses. The company's dominant position in AI chip manufacturing and its potential for continued growth make it an attractive investment option.
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Banks are increasingly adopting generative AI, but strategies for implementation and expected outcomes vary globally. While some focus on productivity gains, others prioritize cost reduction, highlighting the complex landscape of AI integration in finance.
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New Accenture study shows companies with AI-led processes achieve higher revenue growth and productivity, with generative AI investments meeting or exceeding expectations for most organizations.
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