Top 8 failings in delivering value with generative AI and how to overcome them

Generative AI (GenAI) is rapidly emerging as a game changer for enterprises, but turning its potential into measurable value remains a significant challenge. According to a recent IDC study (Future Enterprise Resiliency and Spending Survey, Wave 4, IDC, April 2024), companies are conducting an average of 37 GenAI proofs of concept (POCs), with only five advancing to production. Of those, just three are considered successful. This stark contrast between experimentation and execution undersco...

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