The New Automation Mindset: AI + Automation + Integration
Where the Boston Consulting Group Sees the Value in AI
Jan 8, 2025
Vladimir Lukic, a Managing Director at the Boston Consulting Group with 18 years of expertise in AI adoption, discusses the findings of BCG's latest AI report. He reveals that only 4-5% of companies successfully scale AI, emphasizing the need to focus on core workflows and ensure data quality. Lukic highlights the importance of fully embedding AI into business processes and rethinking operating models. He shares real-world success stories, illustrating how proactive strategies can drive effective AI implementation.
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Quick takeaways
- Successful AI adoption relies on prioritizing core workflows and restructuring operating models to enhance competitive advantage.
- Data quality and collaboration between data scientists and process managers are essential for effective AI integration into business processes.
Deep dives
AI Adoption Rates and Their Impact on Growth
A survey of 1,000 companies revealed that only 4% to 5% are successfully deploying AI at scale, highlighting the significant gap between early adopters and laggards. Companies that lead in AI implementation demonstrate one and a half to two times higher growth rates compared to those that fall behind. This suggests that early and effective AI adoption can have a substantial positive impact on a company’s performance and return on invested capital. The findings imply that organizations should not wait for optimal conditions to start integrating AI, as doing so may leave them at a competitive disadvantage.
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