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Finance: The Key to Unlocking AI's Growth Potential

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Artificial Intelligence,Finance,Investments

Companies are rapidly adopting artificial intelligence, but many struggle to see significant results. This article emphasizes the crucial role finance plays in maximizing the return on AI investments by bringing objective perspectives, ensuring accountability, and driving informed decision-making. Early and continuous involvement of finance teams can transform AI from a promising concept into a reliable engine for growth and operational excellence.

The companies that succeed with AI aren’t necessarily those with the most advanced models or the largest data sets — they’re the ones that bring together diverse expertise to make the smartest decisions. Finance, with its ability to ascertain value, ensure accountability, and provide an objective perspective, plays an indispensable role in making AI investments truly pay off.

Companies have adopted artificial intelligence with almost unheard-of speed, but there remains a significant gap between enthusiasm and results. In a recentof 750 executives , a strong majority told us they believe they have an advanced understanding of AI and its benefits, and 18% said they have a cutting-edge understanding. But only 6% claim to have a cutting-edgeis a partner and managing director at AlixPartners, where he is the co-lead of the Americas Private Equity and Investors practice.

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