Gartner survey: Only 13% of companies see real AI returns
Original title: Only 13 percent of companies see real returns from AI, Gartner survey finds
Only 13% report major or transformative returns from AI despite many pursuing cost savings.
A Gartner survey of 2,002 CIOs and technology leaders shows most companies cannot convert AI spending into business value. 58% of CIOs focus on delivering cost savings through AI, yet 51% expect AI to raise total operating costs. 44% of CEOs cannot demonstrate AI-driven financial returns to stakeholders. Analysts note a growing gap between vendor innovation and company outcomes.
- Only 13% report major or transformative returns from AI
- 51% expect AI to raise total operating costs
- 44% of CEOs struggle to demonstrate AI-driven financial returns
- 75% of CEOs plan to increase technology spending
- Vendors
- Gartner
From the original article
1 min read at the-decoder.com
Only 13 percent of companies are getting real business value from their AI investments, according to a Gartner survey of 2,002 CIOs. At the same time, 51 percent expect AI to actually increase their operating costs. Yet 75 percent of CEOs plan to keep raising their technology budgets.
By Manuel Uth · the-decoder.com
A short excerpt; the article and its images belong to the publisher. Summary, key facts and assessment above are AI-written from the article and can be wrong.