The Innovator’s Post

"In today’s hype cycle, CEOs are scrambling to effectively communicate how #AI will change their competitive advantage to investors," says Sangeet Paul Choudary, the founder of Platformation Labs and the best-selling author of Platform Revolution and Platform Scale." If you believe, as I do, that AI is increasingly getting commoditized, the question they should be asking is what is our competitive ecosystem and how does AI impact our ability to play in that ecosystem?" Become a subscriber to The Innovator to read The Innovator's interview with Choudary, who has advised the leadership of more than 40 of the Fortune 500 firms and has been selected as a Young Global Leader by the World Economic Forum. https://lnkd.in/ewGqeWXM  

If the pandemic taught us anything, it’s that flexibility and adaptation are the keys to success in a rapidly changing industry – and GenAI has pushed Partners into that revolutionary “state of the union.” Canalys’ insights regarding GenAI opportunities reinforce my own views about having a business outcome as the real goal and strategizing your AI path before jumping onto the bandwagon. Sure, there’s a multi-billion-dollar prediction, but what’s interesting is the report’s angle on services that help companies adopt GenAI successfully. Partnering as the “trusted advisor” and “consultant” through these newer service models is scalable, and there are new service revenues that GenAI brings to the market including: - AI services - AI Software Development - Advanced Data Services - AI products (resell, co-sell, upsell) And lastly, internal adoption of GenAI for Partners is going to help increase productivity, drive efficiencies, and help them focus on innovation. Those seem like hopeful predictions and sound advice. https://ow.ly/4cJL50S6HlM #GenAI #AIservices #Innovation

HG Insights Launches #GenAI Navigator As AI Becomes Major Priority For GlobalBusinesses  This is a huge. What markets, segments and accounts are data mature, GenAI ready and even GenAI mature and therefore should be prioritized to drive GenAI growth?! Which are not yet ready / mature and should be deprioritised? HG has the answer. https://ow.ly/njvt50PSYq7 #marketing #martech #technology #HGInsights

They’re not the first and certainly won’t be the last but, by joining forces and sharing their extensive resources, McKinsey & Company and Salesforce are betting big on generative AI. The heavyweight firms have announced a new collaboration to accelerate the introduction of trusted GenAI for sales, marketing, commerce and service, combining Salesforce’s customer relationship management technologies with McKinsey’s proprietary AI and data capabilities. Together, the pair will help clients to connect relevant structured and unstructured data to improve customer buying experiences, increase sales productivity, personalise digital marketing campaigns and reduce call resolution time. “Generative AI is a powerful catalyst for growth,” says Lareina Yee, Senior Partner at McKinsey & Company. “But the promise of AI needs to be backed by built-for-growth technology and the operational muscle to fully realise the potential. “Building on our strong alliance, we are collaborating with Salesforce on this critical front to help our clients turn innovation into impact – all delivered together in Salesforce workflows.” #AI #GenerativeAI #Partnership

To help organizations understand how to leverage GenAI technology for business success, two new IDC reports outline the foundational activities associated with GenAI investment, provide guidance on prioritizing use cases, and identify the key stakeholders required to build and implement successful initiatives. The reports also feature a new framework – the Generative AI Path to Impact – that explains key activities and elements along the path to business impact. #CognitiveAI #GRCinfrastructure

Buy v/s build debate has always been center stage during times of technological or other transformational shifts in businesses. Uncover the competitive strategies of leading players in your focus industry via Evalueserve's competitive intelligence platform, Insightsfirst, powered by Generative AI.

- Focus on leveraging the growing market for digital transformation consulting, which is expected to reach $235 billion by 2031, driven by a shift to cloud-based environments and post-pandemic enterprise system updates. - Consider emphasizing AI engagement growth potential through manageable pilot projects rather than waiting for large-scale transformations from clients, as many are still in the early stages of AI adoption. - Address the potential mismatch between spending on AI initiatives and current revenue generation by balancing employee training and retention with revenue growth projections. How can your business adapt to the evolving landscape of digital transformation and AI adoption to drive sustainable growth? #DigitalTransformation #AI #BusinessConsulting #RevenueGrowth #EnterpriseSolutions #IndustryTrends Learn more about this topic here: https://lnkd.in/eeDZcRRR At Grow Scale Win™, we use AI to enhance productivity and efficiency. The AI Growth System® provides a holistic approach to business growth with a personalized strategy and AI-powered tools for lead generation, nurturing prospects, and closing sales. Learn more at www.growscale.win. DM us with any questions.

The path to generative AI value: how to set your company’s flywheel in motion. A methodical approach can maximize returns on AI https://lnkd.in/gsAkgjk4 #genai