Gartner® How to calculate business value and cost for generative AI

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Gartner® How to calculate business value and cost for generative AI The world of AI is evolving rapidly, and staying ahead is crucial for your business. According to a recent Gartner report, "By 2028, more than 50% of enterprises that have built their own large models from scratch will abandon their efforts due to costs, complexity, and technical debt."

This report, “How to Calculate Business Value and Cost for Generative AI Use Cases,” provides “Data and analytics leaders must assess the potential benefits and cost of new generative AI investments. Experimentation can be done inexpensively for most use cases, but this research provides a decision framework for assessing cost and realizing value from enterprise generative AI initiatives.”

Download the Gartner report now to assess the potential ROI for GenAI in your organization.

Our key report takeaways:

Understanding AI ambition: Learn how to align your GenAI portfolio with your strategic intent and competitive position
Assessing potential benefits: Discover how early adopters are already seeing productivity gains and future value from GenAI
Managing costs and risks: Understand the hidden costs and potential risks of GenAI and how to manage them effectively
Building a GenAI portfolio: Gain insights on how to balance immediate ROI with long-term strategic benefit for a diverse portfolio of GenAI use cases
Don’t let the complexities of AI hinder your progress: Equip yourself with the knowledge to navigate the world of AI with confidence and clarity

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Disclaimer

Gartner, How to Calculate Business Value and Cost for Generative AI Use Cases, Rita Sallam, Bern Elliot, Graham Waller, Matt Cain, Andrew Frank, James Plath, Adnan Zijadic, Pri Rathnayake, and Nate Suda, 12 February 2024

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