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Why an AI Center of Excellence Is the Key to Enterprise Transformation
AI is often considered a magical must-have tool, the mere possession of which is believed to transform businesses. But is it truly the case? Well, not entirely untrue! A recent BCG survey, ‘Where’s the Value in AI?’, observed that 4% of companies have unlocked substantial returns from advanced AI capabilities, while 22% are beginning to see gains. But the same report also reveals a different side of the story. A whopping 74% are still struggling to translate their AI investments into tangible value¹ as they are stuck in the pilot mode. Many roadblocks hinder their journey from isolated pilots to enterprise-wide deployments. Here are what’s holding them back:
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