AI Strategy stories - Page 1

Many marketers waste up to 20% of their budgets on outdated AI tools, struggling to keep pace with fast-moving social media trends and real-time data needs.

Forrester forecasts global generative AI spending to soar from USD $2.3bn in 2023 to USD $13.8bn in 2024, urging firms to optimise escalating costs strategically.

Despite a GBP £1 billion AI infrastructure plan, just 19% of UK executives see the country as a leader, feeling it trails behind the US and China in AI innovation.

Teradata launches AI Factory, an on-premises solution integrating AI and ML tools for secure, compliant private AI in regulated sectors like healthcare and finance.

Over 40% of agentic AI projects are predicted to be cancelled by 2027 due to costs, unclear value, and risk issues, finds Gartner research.

Avoid three common pitfalls when using AI for customer experience: integrate with your systems, avoid costly overhauls, and balance speed with strategy for best results.

Only 12% of ANZ firms plan to hire AI leaders soon, as 46% cite security concerns as a major barrier to wider AI adoption despite optimism about its future impact.

NHS risks losing healthtech startups to Gulf states due to regulatory hurdles and stalled AI projects, warns Rhazes AI CEO Zaid Al-Fagih.

Zoho launches Zia Hubs within WorkDrive to simplify analysis of unstructured business data, enhancing AI-driven insights across varied file formats globally by late 2025.

TBWA New Zealand launches TBWA\i, a new AI-focused practice designed to help brands integrate AI for unique strategic and creative growth.

By 2027, AI agents will automate or augment half of all business decisions, driving faster, smarter outcomes but requiring strong governance, says Gartner.

Kore.ai and TeKnowledge have partnered to help enterprises scale AI adoption beyond pilots, enhancing customer service and business operations globally.

UK organisations' AI maturity score dropped 9 points to 35 despite rising investments and over 100 AI projects launched by 56% of businesses surveyed.

Australian businesses are urged to adopt responsible AI governance to harness innovation while ensuring ethical, secure, and inclusive technology use in the AI age.

NTT DATA is the exclusive advisory partner for Plug and Play's AI Centres of Excellence across North America, supporting startups and corporates with AI innovation.

Cambridge Spark urges all C-suite executives to boost AI knowledge through training, warning that gaps could limit business growth and boardroom decisions.

Agentic AI is transforming enterprise operations, but its success hinges on Process Intelligence providing timely, accurate insight into how businesses truly operate.

SAS launches AI Governance Map, aiding organisations to assess and enhance AI governance across oversight, compliance, operations, and culture domains.

JAGGAER has appointed Gopinath Polavarapu as its first Chief Digital and AI Officer to embed advanced AI into its One Platform, boosting automation and collaboration.

AI adoption in UK workplaces saves time and cuts costs, with 72% of users reporting weekly time savings, though security and skills gaps slow use.