CIO (DACH): Generative AI is expected to reduce costs and personnel by 40 percent

In German. According to a study by The Hackett Group, companies can use generative artificial intelligence to reduce their overhead costs by up to 40 percent.

The Hackett Group wants to underpin the hype about generative AI with reliable figures. To this end, the consulting firm has developed a valuation model from its own benchmark data from 2023 that outlines the potential of the technology for moderately digitized and high-performing companies with an average market value of 10 billion dollars. Companies that are already highly digitized were excluded from the consideration.

Source: CIO (DACH)