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2024 Business Opportunity of AI | Generative AI Delivering New Business Value and Increasing ROI
Businesses are rapidly adopting generative AI to boost performance and growth — and the results speak for themselves. The eBook, "Generative AI Delivering New Business Value and Increasing ROI," provides IDC insights on how organizations are achieving measurable returns, driving innovation, and positioning themselves as AI leaders. Download the eBook to explore practical applications for your business, and contact Definitive Solutions for personalized guidance on your AI adoption strategy.
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How are organizations currently using Generative AI?
Over 92% of organizations are currently utilizing AI for marketing and public relations. Additionally, productivity and top-line growth are the main priorities for businesses adopting Generative AI, with a significant focus on enhancing employee efficiency and driving revenue.
What challenges are organizations facing in adopting Generative AI?
The top challenge for organizations worldwide is the lack of employees with the necessary skills and capabilities to effectively utilize AI technologies. Concerns about data security also hinder broader adoption of Generative AI.
What is the expected ROI from Generative AI investments?
Organizations are realizing an average return of 3.7 times for every dollar invested in Generative AI. This ROI is particularly high in sectors like financial services and media, indicating that Generative AI is generating greater returns compared to traditional AI solutions.
2024 Business Opportunity of AI | Generative AI Delivering New Business Value and Increasing ROI
published by Definitive Solutions
Definitive Solutions was founded in 1999 by Peter Meade who has over 30 years in the IT industry. We deliver IT managed services, cloud and security solutions to our SMB and Enterprise clients throughout Ireland and Internationally.
We are not just another MSP; our technical skill is given, but our success has been built on the ethos of trust and our focus is always on building strong relationships. Our approach is to really understand our clients’ business challenges and goals, and implement bespoke technology products and services which meet their unique business requirements.
As an independent private company, you can trust us to give impartial advice. We stand over every product and service we recommend and will only offer the right solutions for our clients. There is no such thing as ‘one size fits all’.
Our focus on professional trust and relationships does not just apply to our long-established clients; it continues within our dedicated team, evidenced by one of the strongest retention rates in the industry, and with our partners.
All of the growth and success our business has enjoyed is a result of our outstanding team of people and we all share a passion for providing the best customer experience.
Our clients range across all industry verticals including financial services, public sector, distribution, pharma and charities. Many of our clients operate within highly regulated industries, and adhere to strict compliance and regulation standards and we work closely with them to ensure their technology strategy is aligned with their compliance responsibilities.