"Corporations are spending big on AI. According to IDC, total business investments in generative AI are expected to increase 94% this year to reach $61.9 billion. However, just investing in AI does not guarantee a payoff. In fact, as Laura Clayton McDonnell, President of Corporates at Thomson Reuters explains, new research from McKinsey finds that the vast majority of companies implementing AI have seen no significant bottom-line impact from the technology."
"These findings are echoed in our Future of the Professionals Report 2025, which found that although 71% of C-suite leaders say their company has invested in AI tools in the past year, and a further 18% plan to invest in AI within the next 12 months, just 19% of corporate professionals say their department has a clearly-defined AI strategy in place."
Total business investments in generative AI are projected to rise 94% this year to $61.9 billion, yet investment alone does not guarantee financial returns. New research finds the majority of companies implementing AI have seen no significant bottom-line impact. Although 71% of C-suite leaders report recent AI tool investments and another 18% plan to invest within 12 months, only 19% of corporate professionals say their department has a clearly defined AI strategy. A solid AI strategy should define investments, training, and guardrails, and can drive top-line growth, but growth will not occur without a clear plan. Seven key principles—ranging from protocols to training—support effective AI adoption aligned with departmental objectives.
Read at Business Matters
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