BENGALURU: Returns on AI investments are becoming increasingly evident, moving beyond mere proof of concepts (PoCs) to deliver improved efficiency and tangible business impact.
For every dollar companies invest in AI, they are realising an average of $3.5 in return, a recent IDC report said. Among these, 5% of companies are achieving even higher returns, averaging $8 for each dollar invested.
“It’s not about using AI as a hammer looking for problems, but rather solving the biggest challenges for our customers.The goal is to drive productivity and efficiency within organisations, remove grunt work, and make people more creative,” said Puneet Chandok, president of Microsoft India and South Asia. “There’s a real curiosity and hunger for AI to solve these problems. Additionally, there’s a sense of urgency and a call to action. Many customers ask how they can get started today and show real impact on the ground.”
For every dollar companies invest in AI, they are realising an average of $3.5 in return, a recent IDC report said. Among these, 5% of companies are achieving even higher returns, averaging $8 for each dollar invested.
“It’s not about using AI as a hammer looking for problems, but rather solving the biggest challenges for our customers.The goal is to drive productivity and efficiency within organisations, remove grunt work, and make people more creative,” said Puneet Chandok, president of Microsoft India and South Asia. “There’s a real curiosity and hunger for AI to solve these problems. Additionally, there’s a sense of urgency and a call to action. Many customers ask how they can get started today and show real impact on the ground.”