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Where’stheValueinAI?
October2024
ByNicolasdeBellefonds,TauseefCharanya,MarcRomanFranke,
PatrickForth,MichaelGrebe,RomaindeLaubier,VladLukic,AmandaLuther,ClemensNopp,andJoeSassine
Contents
01
Who’sGettingResultsfromAIandWhy?
?ASteepCurve
?WhatLeadersDoDifferently
?IncumbentsReapValue
05
TheSurprisingSourcesofValuefromAI
?IntheCore
?SectorMatters
13
17
20
ThePlaybookforWinningwithAI
?OvercomingToughChallenges
?TheCapabilitiesRequiredforSuccess
?Jump-StartingYourJourneytoAIValue
?HowTwoCompaniesAppliedthePlaybookforSuccess
Appendix
Acknowledgments
Who’sGettingResultsfromAIandWhy?
A
fterallthehypeoverartificialintelligence(AI),the
valueishardtofind.CEOshaveauthorizedinvest-
ments,hiredtalent,andlaunchedpilots—butonly26%ofcompanieshaveadvancedbeyondtheproof-of-
conceptstagetogeneratevalue.Thisreportyieldsimport-antinsightsintowhatAIleadersaredoingtodrivereal
valuefromthetechnology,whereothersfallshort,wherethevalueiscomingfrom,howindividualsectorsareper-
forming,andhowcompaniescanchangetheirownAItrajectories.
ConsidertheseexamplesofthevaluebeingcreatedbyAI,includinggenerativeAI(GenAI),fromcompaniesinthreedifferentsectors.Afinancialinstitutioniscommittedto
achieving$1billioninproductivityimprovements,inaddi-tiontoenhancedriskoutcomesandbetterclientand
employeeexperiences,by2030.Abiopharmacompanyischasing$1billioninvaluepotential(revenuesandcosts)by2027.Amajorautomakerexpectstocutitscostof
goodssoldbyupto2%andacceleratenewproductdevel-opmenttimeby30%.
BOSTONCONSULTINGGROUP1
Theseresultsaretypicalofthevaluethatleadersacross
industriesareachievingbybuildingdigitalcapabilitiestoalevelatwhichtheycanimplementAIprogramsatscale.
BCG’slatestresearchintoAIadoption,acontinuationof
ourstudiesintodigitaltransformationandAImaturity,
foundthatofthe98%ofcompaniesthatareatleastexper-imentingwithAI,only26%havedevelopedthenecessarycapabilitiestomovebeyondproofsofconceptandbegin
extractingvalue.(FormoreonhowwedefineAIandour
researchmethodology,
seetheAppendix
.)Andonly4%areattheforefrontofAIinnovation,systematicallybuilding
cutting-edgeAIcapabilitiesandscalingthemacrosstheorganization.
Here’sourlatestlookatwhothetop26%ofcompaniesareandhowtheyaregeneratingsuperiorvaluefromAI.The
twochaptersofthereportthatfollowlookatwhere
com-
paniesareextractingvalue
andwhatyouneedtodotomove
yourcompanyup
theAImaturitycurve.
ASteepCurve
BuildingAIcapabilitiesisacomplexchallenge.Ourlatestresearch,involvingmorethan1,000companiesworldwide,showsthatonly4%havedevelopedcutting-edgeAIcapa-bilitiesacrossfunctionsandareusingthemtoconsistentlygeneratesubstantialvalue.
(SeeExhibit1.)
Another22%haveanAIstrategyandadvancedcapabilitiesandare
startingtogeneratevalue.Wecallthesecompanieslead-ers.Theremaining74%haveyettoshowtangiblevaluefromtheiruseofAI.
Thesecategoricaldistinctionsareimportantbecauselead-ersfaroutperformtheothers.Overthepastthreeyears,
leaders’revenuegrowthhasbeen50%greaterthanthe
overallaverage.Theirtotalshareholderreturnsare60%
higher,andtheygain40%higherreturnsoninvestedcapital.Thesecompaniesalsoexcelonnonfinancialfactors,suchaspatentsfiledandemployeesatisfaction,andtheyareinpolepositiontobenefitasAIplatformsandtoolsmature.
Exhibit1-LeadersHaveBuilttheCapabilitiesNeededtoImplementAIatScale,ReapingDiverseBenefitsoverLessMatureCompanies
Maturitystage(%ofcompanies)
AIstagnating
AIemerging
AIscaling
AIfuture-built
25
49
22
4
Valueachieved
Revenue
Total
shareholderreturn
Returns
Innovation
Employee
satisfaction
0255075100
Aretakingminimal
Havedeveloped
HavedevelopedanAI
Areattheforefront
ornoAIaction,
foundational
strategyandadvanced
ofAIinnovation,
lackfoundational
capabilitiesand
capabilities,andare
systematically
capabilities,andare
startedinitial
scalingtheme?ectively
buildingcutting-edge
notgeneratingvalue
experimentationbutarestrugglingtoscaleand
generatevalue
whilestartingtogeneratevalue
AIcapabilitiesacross
functionsandconsistentlygenerating
substantialvalue
50%
higherrevenuegrowth
(3-yearaverage)
60%
higher3-yearTSR
40%
higherRoIC(3-yearaverage)
1.9x
morepatents
1.4x
betteroverall
Glassdoorindicator
Source:BCGBuildfortheFuture2024GlobalStudy(mergedwithDAI).
Note:“Leaders”includeAIfuture-builtandAIscalingcompanies;“l(fā)essmature”or“other”companies”includeAIstagnatingandAIemergingcompanies.RoIC=returnoninvestedcapital;TSR=totalshareholderreturn.
2WHERE’STHEVALUEINAI?
WhatLeadersDoDifferently
Leadershavesixdifferentiatingcharacteristics.
Theyfocusonthecorebusinessprocessesaswellas
supportfunctions.AcommonmisconceptionisthatAI’s
valueliesmainlyinstreamliningoperationsandreducing
costsinsupportfunctions.Infact,itsgreatestvalueliesin
corebusinessprocesses,whereleadersaregenerating62%ofthevalue.LeveragingAIinbothcorebusinessandsupport
functionsgivesthesecompaniescompetitiveadvantage.
Theyaremoreambitious.Leaders’expectationsfor
revenuegrowthfromAIby2027are60%higherthanthoseofothercompanies,andtheyexpecttoreducecostsby
almost50%more.Three-quartersofthemostforward-
lookingcompaniesfocusoncompany-levelinnovationcoretothebusiness.Incontrast,only10%ofothercompanies
doso—andiftheyleverageAIatall,itismainlyforproduc-tivity.LeaderslookbeyondpureproductivityplaysandbacktheirambitionswithinvestmentinAIandworkforceen-
ablement,doublingdownonseveralaspectsofAI,relativetotheirpeers.
(SeeExhibit2.)
Theymaketwicetheinvest-mentindigital,twicethepeopleallocation,andtwicethenumberofAIsolutionsscaled.
Theyinveststrategicallyinafewhigh-priorityoppor-tunitiestoscaleandmaximizeAI’svalue.DataonAI
adoptionshowsthatleaderspursue,onaverage,only
abouthalfasmanyopportunitiesastheirlessadvanced
peers.Leadersfocusonthemostpromisinginitiatives,
andtheyexpectmorethantwicetheRoIin2024thatother
companiesdo.Inaddition,leaderssuccessfullyscale
morethantwiceasmanyAIproductsandservicesacrosstheirorganizations.
TheyintegrateAIineffortsbothtolowercostsandtogeneraterevenue.Almost45%ofleadersintegrateAIintheircosttransformationeffortsacrossfunctions(com-
paredwithonly10%ofnonleaders).AndmorethanathirdofleadersfocusonrevenuegenerationfromAI,comparedwithonlyaquarterofothercompanies.
(SeeExhibit3.)
“Wehaveaprogramunderwhicheverybusinessunitis
requiredtosubmitthreetofiveprojectseachyear—and
since2020,theyhaveallhadtofocusonAI,”saidthe
enterpriseproductdirectorofanalternativeenergycompa-ny.“Theseprojectsneedtodemonstratehowtheywould
improvethecompanyeitherthroughcostsavings,in-creasedoperationalefficiency,orrevenuegeneration.”
Exhibit2-ComparedwithTheirPeers,LeadersAreAllocatingMoreofTheirBudgetandResourcestoDigitalandAICapabilitiesin2024
BudgetPeopleInnovation
2.0x1.6x2.0x1.9x1.6x1.1x2.2x
12.3%
10.1%
5.
0%
19.2%
6%
4.
9.1%
1%
5.
9.6%
9%
8.
13.8%
6.3
months
5.5
months
8.2%
18.2%
Revenueshareinvestedin
digitalandAI
2024increaseinAI/GenAIinvestments
vs2023
ShareofFTEsdedicatedto
digitalandAIwork
Shareofdigital
FTEsdedicated
toAI/GenAI
rolestoday
ShareofFTEs
tobeupskilled
inAI/GenAI
Timetomarket
fornewdigital
andAIproducts
ShareofAI/GenAI
productsscaled
acrossthe
organization
AIstagnatingorAIemergingAIscalingorAIfuture-built
Source:BCGBuildfortheFuture2024GlobalStudy(mergedwithDAI).Note:FTEs=full-timeequivalentemployees.
BOSTONCONSULTINGGROUP3
Exhibit3-LeadersIntegrateAIwithBroaderCostTransformationEffortsandHaveaGreaterFocusonRevenue
43
IntegrationofAIwithbroadercosttransformatione?orts(%)AIinvestmentsplitbetweencostreductionandrevenuegrowth(%)
26
27
47
"-15
Greaterrevenuefocus
MoreAI
integration
43
55
40
17
53
30
36
20
52
44
27
21
AIstagnatingAIemergingAIleadersAIstagnatingAIemergingAIleaders
WithoutGenAIExploratoryMultiplefunctionsRevenueEqualCost
Source:BCGBuildfortheFuture2024GlobalStudy(mergedwithDAI).
Theydirecttheireffortsmoretowardpeopleandprocessesthantowardtechnologyandalgorithms.
Leadersfollowtheruleofputting10%oftheirresourcesintoalgorithms,20%intotechnologyanddata,and70%intopeopleandprocesses,whichourdatashowsarethekeycapabilitiesunderpinningsuccess.
TheyhavemovedquicklytofocusonGenAI.LeadersusebothpredictiveAIandGenAI,andtheyarefasterin
adoptingGenAI,whichopensopportunitiesincontent
creation,qualitativereasoning,andconnectingothertoolsandplatforms—inpartbecausetheirmoreadvanced
capabilitiesfacilitateputtingtheprerequisites(suchaslargelanguagemodels)inplace.
IncumbentsReapValue
NotallAIleadersarehyperscalersanddigitalnatives,com-paniesthatincludeAIaspartoftheirproductorservices
offering.Morethanhalfofthetop-performing26%,includ-ingtheonesdescribedatthebeginningofthischapter,aretraditionalincumbentsthathavestrengthenedtheircapa-bilitiesandareusingthemtobuilddifferentiatedcompeti-tiveadvantage.ThesectorswiththebiggestpercentagesofAIleaderstendtobethosethatwereamongthefirstto
experiencedigitaldisruptionadecadeandhalfagoandgottheearlieststartonbuildingdigitalcapabilities.They
includefintech(49%areleaders),software(46%),andbanking(35%).
ButAI’simpactextendstoallindustries.Forexample,a
leadingautomakerusedGenAItoacceleratetenderdocu-mentdraftingandadjustmentsby50%whileimproving
documentqualityandconsistency.GenAIalsoincreased
theautomaker’sspeedinanalyzingcompetingoffers(by50%)andreducedthetimenecessarytosearchknowledgeassets(by50%to75%).
LeadersareblazingtheAItrail,butothercompaniescan
catchupiftheytakeapagefromtheleaders’playbookandfocusontheareasthatofferthemthebestopportunities
andonthecapabilitiestheyneedtobuildinordertocapi-talize.Weexplorethesefactorsinthenexttwochapters.
4WHERE’STHEVALUEINAI?
TheSurprisingSourcesofValuefromAI
L
eadingcompaniesaredreamingbig.By2027,thetop
26%ofcompaniesinoursurveyofAImaturityexpect
toachieve45%morevalueviacostreductionand60%morevalueviarevenuegrowththanotherfirms.Evenin
2024,leadersexpecttorealizemorethantwicetheRoI
fromAIinitiativesthanothercompaniesdo,resultingina5%reductioninaddressableoperationalexpensesanda5%increaseinaddressablerevenues.
ThecommonnarrativeforAIinvolvessupportfunctions—HR,IT,legal,andthelike—whereautomatingrelatively
low-levelandrepetitivefunctionscreatessignificantvalue.Butthecompaniesthataregeneratingthemostvaluearenotonlydeployingproductivityplaysinsupportfunctionsbutalsofocusingonreshapingtheircorebusinessprocess-esandinventingnewrevenuestreams.TheyareachievingresultsfromAIacrossawiderangeoffunctions,fromR&Dtooperationsandfromsalesandmarketingtocustomer
service.Becausetheyhavebuiltthenecessarycapabilities,theycanmorereadilyidentify,pilot,andscaleupvalue-
creatingusecases.Forexample,onechemicalscompanyexpectstocreatemorethan$500millioninvaluefromanend-to-endtransformationthatwillimplementAIacrossoperations,siteservices,andprocurement.
BOSTONCONSULTINGGROUP5
IntheCore
Overall,thecompaniesinoursurveyderive62%ofthe
valuetheyobtainfromAIandgenerativeAIincorebusi-
nessfunctions,includingoperations(23%),salesand
marketing(20%),andR&D(13%).Supportfunctionsgener-ate38%ofthevalue,withcustomerservice(12%),IT(7%,)andprocurement(7%)leadingtheway.
Insomesectorsthespreadbetweencoreandsupportisevenwider.
(SeeExhibit4.)
Software,media,fintech,insurance,
telecommunications,andbiopharmagenerate70%to90%oftheirAI-relatedvalueincorebusinessprocesses.Althoughwefoundwidevariationamongsectors,theoverallresultsare
consistent—evenmostofthesectorsinthebottomquartilegenerate40%to60%ofAIvalueincoreprocesses.
SectorMatters
Sales
andmarketing,forexample,isfastemergingasa
majorsourceofAIvalueinsuchsectorsassoftware(31%ofAIvaluegenerated),travelandtourism(31%),media
(26%),andtelecommunications(25%).Specificrolesandthescaleofimpactdifferbyindustry,butAIofferscompa-niesanear-termopportunitytoreshapethesalesfunctionwithnext-bestactionrecommendations,talktracks,and
basicworkflowautomation.Inthemediumterm,AIandGenAIwillenablereal-timeassistedsellingandautono-moussellingviadigitalsalesavatars,withlimitedhumaninvolvement.Suchautomationwillpermithumanstafftofocusonstrategicandrelationshipselling,whilevirtual
assistantscovermoretransactionaltasks.Aspredictive
smartsellingbecomesthenorm,traditionalsilosdividingmarketing,sales,andpricingwilldissolve.Ourexperienceindicatesthatresultingincreasesincustomerlifetime
valueandgo-to-marketefficienciescouldalmostdoubleprofitmargins.
Companiesindifferentsectorsalsobenefitfromidentify-ingthedomainsinwhichAIcanproducethemostvalue.Ourresearchshowsthattheyvarywidelybyindustry.
(See
“AIinInsuranceandBiopharma.”)
Exhibit4-ToRealizeValuefromAI,CompaniesFocusonCoreBusinessProcesses,withSector-SpecificVariability
Wherecompaniesareachievingorseebusinessvalue
Globalaverage:62%
Supportfunctions
Corebusiness
Software
Media
Fintech InsuranceTelecommunicationsBiopharma
Banking
Airlines
Retail
AutomotiveTransportandlogisticsMedtech
Consumerproducts
Oilandgas
Chemicals MachinesandautomationPower,utilities,andrenewables
Sectors
processes(%)
94
(%)
6
87
13
85
15
77
23
71
29
70
30
68
32
65
35
63
37
62
38
61
39
59
41
57
43
49
51
48
52
40
60
2179
CorebusinessfunctionSupportfunction
Source:BCGBuildfortheFuture2024GlobalStudy(mergedwithDAI).
6WHERE’STHEVALUEINAI?
Leadersarenotonlydeployingproductivityplaysbutreshapingcorebusinessprocessesand
inventingnewrevenuestreams.
Theimpactonmarketingwillbeequallyprofoundandwillencompassfourkeyprocesses:
?InsighttoInnovation.Automateddatacollection
andanalysiswillspeedidentificationofmarketoppor-tunitiesandincreasemarketers’abilitytodevelopnewproductdesign.
?ConcepttoCreation.Workflowswillaccelerateassetcreationandfeedbackloops,seamlesslyadapting,local-izing,anddisseminatingcontent.
?CampaignSetupandExecution.Hyper-segmentationandreal-timeexecutionthatrespondstotrendsand
feedbackwillspeedcampaigncreationandautomatical-lytrackprogressagainstkeyobjectives.
?MarketerProductivity.Marketerswillspendlesstimeontime-consuming,repetitive,administrativetasksandmoretimeonstrategicdecisionmaking.
Forexample,aleadingNorthAmericantelcoisalready
usingAItoanalyzecallrecordingstoidentifyopportunitiesforcostsavingsandhighercustomersatisfaction.The
companyhasreducedcallcenterinteractiontimeby20%andcutcalltransferstoliveagentsby25%.AI-powered
chatbotsnowhandle30%ofcalls,andthetelcoexpectstoreducetotalcostsintherelevantbusinessunitby25%.
Predictably,AIishavingabigimpactinR&Dinresearch-
intensivesectorssuchasbiopharma(27%ofvaluecreat-
ed),medtech(19%),andautomotive(29%,inanindustry
undergoingamajortransitiontosoftware-drivenvehicles).Amedtechcompanyvicepresidenttoldus,“GenerativeAIhasallowedustogenerateimagesfortrainingpurposes
thatmimicrealdiseasesthathumanscanhave.Westart-
eddeepdivingintogeneratingthousandsofimagesthat
aren’tcomingfrompatientsbutarebeinggeneratedbythegenerativemodelmimickingreal-lifecases.OurpredictiveAImodelimprovedaccuracyby4%to5%becauseofthis
generativeAIapproach.”
IntheR&Dfunctionofthefuture,weexpectindividual-,
team-,andcompany-levelchangestoimproveconcept
R&D,productdevelopmentandindustrialization,andprod-uctevolution.AIwillaccelerateandautomateeachstepbyshorteningiterationloops,democratizingaccesstoexper-tiseacrossteamsandorganizations,fast-trackingexplora-tionofnewconcepts,simulatingproductdesigns,and
forecastingprocurementorders,amongotherchanges.
Inonecurrentinstance,aglobalpharmaceuticalscompa-nyisusingAItoaccelerateitsdrugdiscoverycapabilities.Theinitialvisionwastobuild,test,andvalidateanAI
prototypewithchemiststoquantifythevalueimpactinthediscoveryworkflow.Thecompanyassessedthepotentialofstate-of-the-artmodelstofindnewpreclinicalcandidates
faster,andthenitbuiltitsownmachinelearningalgorithmtorapidlyscreenover1billiondrugcompoundsanda
geneticalgorithmtopoweraleadoptimizationpipelineformolecularchemists.Theprojectgeneratedvalueof$100
millionayearthroughfasterlaunches,includinga25%
reductionincycletime.Thecompanyexpandeditslibraryofmoleculesby100times,increasingthevisibilityofnovelcompoundstoitsresearchers.
Customerservice
isalreadyasignificantsourceofAI-
generatedvalueininsurance(24%ofthevaluecreated)
andbanking(18%).CompaniesareusingAItoboostpro-
ductivity,reducingtheneedformultiskilledfrontlineteamsandredesignedagentjourneys.Weareseeingnear-term
increasesof30%to40%inproductivityandaprofit-and-lossimpactof10%to20%forthefunction.
Ambitionsrunmuchbigger.Leadingcompaniesexpecttorealizelong-termincreasesinproductivityofupto60%.
TheimpactofintegratingAIintocustomerserviceprocess-eswillreverberatethroughoutthevaluechain.Customer
servicefunctionswillbeabletopreemptissuesand
self-healbyfixingproblemsbeforecustomersdetectthem,andtheywillenablecustomerstoresolvetheirownissuesthroughself-help.Ifthecustomerstillneedshumanassis-tance,AIwillsupporttheagent’sresponsewithaugmentedcapabilitiessuchasoptimizingtheconversationinreal-
timebyconsideringthecustomer’sneedsincontextandmakingofferswhererelevant.
Aleadinginternationalbankneededtomodernizeits
customermanagementsystemtoimproveservicequality,reduceoperationalcosts,andenhancerevenuegeneration.ItturnedtoGenAItoreshapebothcustomerinteractions
andbackendprocesses,includingdeployingGenAIforchatsupport,enhancingagentefficiency,improvingservice
quality,andincreasingconversionrates.ItalsointegratedGenAIintoitsAPIsandappsforsmoothandscalableopera-tions.Resultsincludedareductionofalmost20%ininterac-tiontimebetweencustomersandagents;adropof4min-
utesinaverageservicetimewhileretainingsimilarlevelsofcustomersatisfaction,anincreaseof28pointsinconversionrates,andadoublinginbreadthofproductssold.
8WHERE’STHEVALUEINAI?
Consumerproductsandretailcompaniesaremakingbig
gainswithAI-drivenpersonalization(19%ofthevalue
createdfortheformerand22%forthelatter).About30%ofconsumercompaniesinoursurveyhaveadoptedAIforpersonalizedmarketing(amongotherfunctions)andare
seeingproductivitygainsofabout30%fromsuchactivitiesasmarketingcontentgeneration,marketingmixandRoI
optimization,anddata-drivendigitalmarketing.Asare-
sult,leadersaredoublingdowninotherareasattwoto
fourtimestherateofslowermovers,applyingAItogenera-tiveproductdesign,andmanufacturingoptimization.
Withineachprocessorfunction,it’scriticaltodefinespe-cificusecasesandassociatedbusinessvalue.Inmost
sectors,morethanhalfofGenAI’svaluepotentialliesintwoorthreefunctionaldomains.Ininsurance,55%ofthevalueliesininpolicyadministration,underwriting,and
claimsmanagement.Inbiopharma,57%ofthevalueisfoundinR&Dandinsalesandmarketing.
Thecriticalchallengeforcompaniesistoidentifythekeyusecaseswithineachfunction.Forexample,43%ofinsur-ancecompaniesleverageAIinscoring,fraudassessment,andtriagewhile42%ofbiopharmacompaniesuseAIin
systematicproteinanddrugmoleculegeneration(atleastforpilotsandproofsofconcept).Thehighestvalueuse
casestypicallyinvolveamixofpredictiveAIandGenAI.
lthoughcompaniesineach
A
thegreatestvaluefromuse
sectormaybegeneratingcasesinoneortwodo-
mains,mostarestillexperimenting—andobtainingmea-surableresultsinuptohalfadozendomainsinthecorebusiness,includingcustomerrelationsandexperience,
contentproductionandmanagement,andproductman-agement.Inmorethanafewsectors—includingoilandgas,utilities,andmachineryandautomation—supportfunctionsareasignificantsourcesourcesofvalue,too.
Therearemanyroutestovalue.Chapter3exploreshow
yourcompanycanefficientlyfinditsmostproductivepaths.
BOSTONCONSULTINGGROUP9
AIinInsuranceandBiopharma
Atthebusinessprocess,function,anduse-caselevel,valuecreationfromAIisalreadytakingdifferentdirectionsin
differentsectors,highlightingtheimportancetoeachcom-panyofindependentlyidentifyingwhereitsbestopportuni-tieslie.Considertheevidencethatoursurveygatheredintwoverydifferentsectors:insuranceandbiopharma.
TheaverageAImaturityofbothsectorsfallsinthemiddleofthematuritycurve,notfarofftheall-sectoraverage.
Companiesinbothsectorsgenerateanaverageof70%ormoreofAIvaluefromcorebusinessprocessesand30%orlessfromsupportfunctions.Butthesimilaritiesendthere.
Insurance
Insurersarefocusingonoperations(policyadministration,underwriting,andclaimsmanagement),customerservice,andmarketingandsales.
(SeetheAIfactsheetforinsur-
ance.)
Sofar,thewidestadoptionofpredictiveAIatthe
individual-opportunitylevelhasoccurredintheareasof
scoring,fraudassessment,andtriageandpolicyautoma-
tion.AdoptionofGenAIisstrongestintheuseofchatbotstoresolvequestionsandsummarizecustomerinteractions.
Inlinewiththeiroverallscores,insurers’biggestchallengesinvolvepeopleandprocesses:improvingstaffAIliteracy,
prioritizingopportunitiesoverotherconcerns,andestab-lishingRoIforidentifiedopportunities.Theyalsowrestle
withthetasksofintegratingAIwithexistingITsystems
andofincreasingtheaccuracyandreliabilityofAImodels.
AnAsianlifeandhealthinsurancecompanywithastrongtrackrecordindigitaltransformationsoughttodemon-
stratethebenefitsthatGenAIcouldhaveonitsoperationsbyidentifyingandexecutingacoupleofhigh-impact,high-usecases.Theinsurerprioritizedthepossibilitiesonthe
basisofahigh-levelanalysisofpotentialimpact.Itselect-edtwoopportunities,oneincustomer-servicecallcenteroperationsandtheotherinsalesandmarketing.The
formerachieveda30%reductionincallcentersearch
timesandthelattera30%to40%reductioninmarketingandsalesmaterialcreationtime.
10
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