News Summary

• Research from Boston Consulting Group suggests that only 26% of companies have developed the capabilities needed to move beyond pilots.
• McKinsey estimates that while almost every organization is experimenting with generative AI, only a small minority are seeing material financial impact across the business.
• There needs to be an expert to bridge the gap between the capabilities of AI and the requirements of a profession.
• Technology vendors make a difference by collaborating with product design teams and cross-functional engineering teams to create an integrated system architecture that includes existing technology.