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Number of Indian firms with AI-led processes treble in 2024: Accenture

YourStory LogoYourStory11h ago

Number of Indian firms with AI-led processes treble in 2024: Accenture - YourStory

Quick Summary:

Corporates are achieving 2.5X revenue growth compared to peers, and more than three times greater success at scaling generative AI use cases, the research found.

The report also highlighted four key actions for business leaders to take to advance their operations maturity—implementing a centralised data governance and domain-centric approach to data modernisation, embracing a talent-first reinvention strategy, ensuring business and tech teams co-own reinvention, and adopting leading processes to drive business outcomes.

However, their challenges are far from over as a majority of the corporates are still struggling to change the way they operate, Accenture research found.


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Article Details

Author / Journalist: Abha Warrier

Category: StartupsEconomyBusiness

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-15 @ 12:40:05 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 349 words

Reading Time: 2 minutes read

Sentences: 17 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 23074843

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Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 26 posts per day

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News Last Updated: 10 hours ago

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