Integrating cloud, data, and AI technologies builds a strong digital core, enhancing adaptability and driving significant growth and profitability.
Copyright: hbr.org – “How To Integrate Cloud, Data, And AI Technologies And Make Your Company More Adaptable”
We’ve entered an era of radical disruption, where waves of new technologies make continuous reinvention the default business strategy. Generative AI is only the latest innovation of many more to come that organizations will need to accommodate at pace and scale, or risk falling behind their competitors. That means companies must create a “digital core” that integrates cloud, data, and AI technologies to build an interconnected foundation for the enterprise that balances growth and reinvention, instead of focusing merely on cost.
According to our recent Accenture research on more than 1,500 large, global companies across industries, those that built a reinvention-ready digital core achieved what we call the “60:40 effect.” Compared to a sample baseline, these leaders experienced a 60% acceleration in their revenue growth rate (from 7.1% to 11.1% on average) while increasing profitability by 40% (from 14.2 to 19.4 percentage points on average).[…]
Read more: www.hbr.org
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