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Home » IBM Report Reveals Key Traits of AI Leaders Driving Revenue Growth
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IBM Report Reveals Key Traits of AI Leaders Driving Revenue Growth

Kieron AllenBy Kieron AllenNovember 20, 2024Updated:November 22, 20242 Mins Read
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Welcome to the Cloud Wars Minute — your daily cloud news and commentary show. Each episode provides insights and perspectives around the “reimagination machine” that is the cloud.

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In today’s Cloud Wars Minute, I discuss IBM’s latest report on AI leaders and how businesses are using AI to drive growth.

Highlights

00:03 — IBM has released a report titled “AI in Action“ that’s based on a survey of 2,000 companies in the U.S., UK, India, Japan, and Germany. The survey, conducted by Harris Poll, found that 15% of businesses identify as AI leaders, while 85% of businesses are classified as learners.

00:27 — Four key characteristics define an AI leader. The first is investment. Second is data management. AI leaders also report better alignment between the C-suite and IT departments when it comes to achieving AI maturity. Lastly, they believe they can effectively tailor their AI strategies through customization, including the use of APIs.

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01:07 — Shobhit Varshney, vice president and senior partner, IBM Consulting, said the following: “Of the organizations that were considered AI leaders, two-thirds reported that AI had already driven a 25% or greater improvement in their revenue growth rate.”

01:33 — I believe this report highlights two important points. Firstly, it is not too late to become an AI leader and drive growth. Secondly, it is essential to trust the process. The data and tools are available. All it takes to move forward and prosper in the AI space, it seems, is the confidence that you can deliver the outcomes you desire.


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Kieron Allen

Cloud, AI, Innovation
Cloud Wars analyst

Areas of Expertise
  • Business Apps
  • Cloud
  • Cybersecurity
  • Data
  • LinkedIn

Kieron Allen is a Cloud Wars Analyst examining innovations in, and the future impact of, the latest AI, cloud, cybersecurity, and data technology developments. In his ongoing analyses and video reports, Allen focuses on the platforms, applications, people, and ideas that will mold our digital future. After serving as the Online Editor for BBC Sky at Night Magazine and as the Editorial Assistant for BBC Focus Magazine, Kieron became a freelance journalist in 2015 where his focus on the business technology market became a key passion. Kieron partners with technology start-ups and organizations that share his interests in science, social affairs, non-profit work, fashion and the arts.

  Contact Kieron Allen ...

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