The ROI of AI Investment is Impressive! For Every $1 Invested, $3.7 Returns
According to a study by IDC, 92% of enterprises are actively leveraging AI technologies to enhance productivity, customer engagement, revenue growth, cost management, and product innovation across multiple key areas. This study was commissioned by Microsoft and titled 'The Business Opportunities of AI'. The report shows that as enterprises invest in AI, their return on investment (ROI) significantly improves. The research indicates that the adoption of generative AI is rapidly expanding, expected to rise from 55% in 2023 to 75% in 2024. Currently, businesses are...
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