Only 13% of companies see real returns from AI, Gartner survey finds
In brief
- Only 13% of companies see real business value from AI investments per Gartner.
- 51% expect AI to increase their operating costs.
- 75% of CEOs plan to raise technology budgets despite this.
A Gartner survey of 2,002 CIOs finds that only 13% of companies are achieving real business value from their AI investments. Meanwhile, 51% expect AI to increase their operating costs, yet 75% of CEOs plan to keep raising their technology budgets according to The Decoder.
What it changes for you
- Public SectorPublic sector leaders may reconsider AI investment strategies due to low profitability.
- Finance & BankingBanks and financial institutions need to assess AI ROI before raising tech budgets.
- Industry & ManufacturingManufacturers may slow AI deployments if concrete results remain limited.
This summary gives you the essentials. The full article, its figures and quotes are on The Decoder.
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