Study Finds 370% ROI for Enterprise Generative AI

A new study by IDC, commissioned by Microsoft, reveals generative AI delivers an average ROI of 370% in enterprise settings, with AI leaders achieving over 10x returns. Key findings show productivity use cases dominate current AI applications, but a shift toward revenue generation and industry-specific use cases is emerging. Despite these promising returns, lacking employee skills remains the top barrier to wider adoption. Brought to you by: Vanta - Simplify compliance - ⁠⁠⁠⁠⁠⁠⁠https://vanta.com/nlw The AI Daily Brief helps you understand the most important news and discussions in AI. Subscribe to the podcast version of The AI Daily Brief wherever you listen: https://pod.link/1680633614 Subscribe to the newsletter: https://aidailybrief.beehiiv.com/ Join our Discord: https://bit.ly/aibreakdown

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A daily news analysis show on all things artificial intelligence. NLW looks at AI from multiple angles, from the explosion of creativity brought on by new tools like Midjourney and ChatGPT to the potential disruptions to work and industries as we know them to the great philosophical, ethical and practical questions of advanced general intelligence, alignment and x-risk.