Get the latest tech news
86% of enterprises see 6% revenue growth with gen AI use, according to Google Cloud survey
A new survey from Google Cloud found enterprises are seeing a return on investment with gen AI applications.
While other verticals like retail and manufacturing also ranked AI-powered lead generation high, 82% of respondents in the financial services said it found the most growth in that area thanks to AI. Google pointed out that company leadership needs to provide a comprehensive strategy to bring in AI, but enterprises also need to start small and focus on core business areas. “When workers are more involved in co-creating the measures against which their productivity is evaluated, we see a greater emphasis on creativity and innovation, customer relationship building, and adaptability—attributes that executives believe are important and contribute to the bottom line,” the report said.
Or read this on Venture Beat