Robert Cottrill, our Technology Director, explores the key considerations and strategic frameworks essential for extracting maximum value from AI projects.
85% of AI projects fail, according to Gartner. If you’re a business leader looking to drive value from technology transformation and leverage AI, this wouldn’t fill you with confidence.
But AI does have the potential to revolutionise industries, and its adoption isn’t set to slow down. In fact, global AI adoption by organisations is set to expand at a CAGR of 36.6% between 2024 and 2030. When effectively adopted and utilised, the benefits of AI are immense.
The reason many AI projects fall short is because they have unclear objectives, inadequate measurement frameworks, and an unstructured approach to implementation. As we enter a new year, UK businesses must strategically harness AI’s full potential to remain competitive. To maximise the benefits of AI in 2025, business leaders should follow three critical steps: assessing AI readiness, building trust, and establishing robust governance.
To read more about how to maximise the value of AI and drive return on investment, see Robert’s blog in Computer Weekly here Happy New Year: Three steps to maximise AI’s ROI in 2025 | Computer Weekly.