News Formal

Finance: The Key to Unlocking AI's Growth Potential

  • 📰 HarvardBiz
  • ⏱ Reading Time:
  • 26 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 63%

Business News

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 310. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Finance: The Key to Unlocking AI's True PotentialThis article explores the crucial role finance plays in maximizing the return on AI investments. While many companies are eager to adopt AI, bridging the gap between enthusiasm and results requires a strategic approach that integrates finance expertise.
Source: HarvardBiz - 🏆 310. / 63 Read more »

Finance: The Key to Unlocking AI's Full PotentialWhile companies are rapidly adopting AI, few are seeing the desired results. This article argues that integrating finance early in the AI development process is crucial for turning AI from a possibility into a reliable growth engine.
Source: HarvardBiz - 🏆 310. / 63 Read more »

Bridging the AI Gap: Finance as a Key Driver of SuccessThis article explores how finance plays a critical role in ensuring that AI investments deliver substantial returns. It highlights the disconnect between understanding AI's potential and effectively implementing it, emphasizing the need for early and ongoing involvement of finance teams.
Source: HarvardBiz - 🏆 310. / 63 Read more »