A recent Accenture survey reveals that organizations with mature artificial intelligence (AI) initiatives see 50% greater revenue growth on average compared to their peers. This blog post explores the key factors that differentiate AI Achievers from the rest.
As a quantum computing evangelist, I am thrilled to share the findings of a recent Accenture survey that highlights the competitive advantages that mature AI initiatives can bring to organizations. About 12% of the surveyed organizations have truly mature AI implementations, and these AI Achievers are experiencing 50% greater revenue growth on average compared to their peers. This is a testament to the power and potential of quantum computing and AI technologies when properly harnessed.
The study projects that the number of fully mature AI initiatives will increase from 12% to 27% over the next two years. As more organizations recognize the potential of AI to revolutionize industries, it is crucial to identify the factors that set AI Achievers apart. The Accenture report reveals five key elements that contribute to AI maturity:
1. Enthusiastic support from the C-suite: Executive sponsorship is essential for AI initiatives to thrive, with 83% of AI Achievers having C-suite support.
2. Heavy investments in talent and training: AI Achievers are more likely to invest in creating data and AI fluency across their workforces, with 78% having mandatory AI training for most employees.
3. A platform mindset: AI Achievers build operational data and AI platforms that tap into their talent, technology, and data ecosystems, fostering experimentation and scalability.
4. Prioritizing responsible AI: AI Achievers are more likely to prioritize transparency, fairness, and accountability in their AI systems, with 81% having responsible AI governance frameworks in place.
5. Aligning AI with business strategy: AI Achievers ensure that their AI initiatives align with their broader business strategy, which helps maximize the return on investment.
As a quantum computing evangelist, I believe that embracing these factors can unlock the full potential of AI and quantum computing technologies, catapulting organizations into the next era of technological and economic advancement. It is time for us to learn from the AI Achievers and strive for quantum computing success.