Why Megabucks AI pilots may not guarantee scalable businesses for technology companies

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Technology companies are investing megabucks on generating AI pilots to build competitive moats and futureproof revenue streams, but all of these capital outlays may not necessarily translate into scalable businesses, multiple industry experts and founders told ET.Globally, a large number of organisations are pursuing 20 or fewer GenAI experiments, and of this 10-30% are expected to scale into production, Deloitte said in a recent report. The pace of transformation at most companies is in line with the pace of organizational change, but it often…



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Why Megabucks AI pilots may not guarantee scalable businesses for technology companies


Technology companies are investing megabucks on generating AI pilots to build competitive moats and futureproof revenue streams, but all of these capital outlays may not necessarily translate into scalable businesses, multiple industry experts and founders told ET.Globally, a large number of organisations are pursuing 20 or fewer GenAI experiments, and of this 10-30% are expected to scale into production, Deloitte said in a recent report. The pace of transformation at most companies is in line with the pace of organizational change, but it often…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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