The UK is clearly embracing the transformative power of gen AI, with many businesses already seeing a significant return on their investments. However, it's equally clear that successfully scaling gen AI across the enterprise is a complex journey.
New research from Google Cloud found seven-in-ten UK businesses are already seeing a positive ROI from generative AI for at least one use case, with between 32% and 45% expecting to achieve that within the next year.
However, it's not all plain sailing, with many companies struggling to move beyond pilot projects, thanks mainly to a lack of clear leadership and prioritization of adoption.
Comprehensive C-suite sponsorship is a crucial factor here, the report noted. The vast majority of organizations with C-level sponsorship said they experienced increased revenue growth of more than 6%.
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