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Are you ready to embrace the AI revolution?
Artificial Intelligence (AI) presents businesses with a wide array of opportunities - from automating workflows to solving complex challenges. It's no surprise that one in three companies is already investing in AI technologies, with this trend continuing to grow.
AI is not just another addition to the corporate IT toolkit; it fundamentally transforms work processes, reshapes competitive dynamics, and opens up new pathways to profitability. To fully leverage its potential, organizations must be ready to reassess their structures and processes, fostering a collaborative environment where humans and AI work hand-in-hand.
In partnership with experts from the PwC network, we are committed to guiding you toward sustainable success through your AI transformation journey. Our comprehensive support includes developing an AI strategy, crafting industry- and process-specific solutions, empowering your workforce, and addressing legal and ethical considerations. We invite you to explore our curated thought leadership content on this website, designed to help business leaders across industries and functions capitalize on the immense potential of AI.
Our expert for AI in energy
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AI in energy – Digitize or disappear
In future, the energy market will be led by AI-driven companies that manage rising complexity, achieving the “triad goals” of affordability, sustainability, and supply security, while realizing superior profitability. AI can be applied across the entire value chain to enable growth and efficiency improvements, with key areas including machine learning and perception/automation systems. When implemented effectively, AI can deliver measurable financial gains, offering potential margin increases of 10-20%, reducing costs by over 60%, boosting productivity by more than 50%, and unlocking new revenue opportunities.
AI is accelerating industry convergence, shifting value from physical energy supply to flexibility and data management – territories ready to be claimed by digital innovators. To quickly demonstrate value, the AI journey should begin with lighthouse projects, followed by strategic initiatives to enhance market differentiation and scale within the organization. This study provides energy players with strategic imperatives to initiate, expand, and accelerate their AI journey.
Our expert for AI in retail
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The impact of (Gen)AI in the retail industry
(Gen)AI and other advanced technologies are pivotal in transforming the retail industry for a new era. By integrating AI across their operations, retailers can strengthen resilience, improve efficiency, and provide exceptional value to both customers and stakeholders. Leveraging AI could enable retailers to significantly increase their operating profit margins, with the potential to generate up to $310 billion in additional annual profits for the sector.
This study presents five strategic steps for retail and consumer companies to effectively adopt AI and realize substantial value: organizing for AI implementation, balancing platform strategies with innovative tools, enhancing maturity while accessing strategic data assets, proactively addressing regulatory and ethical concerns, and fostering a data-driven culture that democratizes the use of data and analytics.
The AI opportunity in automotive
Artificial Intelligence (AI) is rapidly transforming the automotive industry by enhancing vehicle capabilities and streamlining operations and business models. This presents substantial opportunities for OEMs, suppliers, and mobility service providers. Our research indicates that that AI's impact is evolving in unexpected waves. Although the transition from generative to more autonomous capabilities is progressing slower than anticipated, AI is set to significantly advance key areas such as software-defined vehicles, autonomous systems, and electric vehicles.
The potential for boosting profitability is considerable, particularly when AI initiatives are strategically coordinated across an organization. We project that a thorough AI transformation strategy could increase profit margins by 40-60%. Successful leaders begin with foundational AI initiatives, swiftly address key cost and revenue areas, and effectively scale operations by leveraging a robust network of partners.
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