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All issuesVolume 313, Issue 1IT NewsCxO

99% of IT Leaders Recognise GenAI's Transformative Potential

FutureCIO, Monday, April 1st, 2024

Nearly all (99%) global IT decision-makers acknowledge the potential of generative AI (GenAI) to influence change within their organisations, according to Elastic.

The Elastic Generative AI Report: One Year On, identifying the Impact and Challenges of Early Generative AI implementation worldwide"

The report based on 3,200 IT/analytics/data respondents from the US, Europe, and Asia Pacific and Japan, revealed that the majority (57%) believe that GenAI can improve resource use (staff time, less waste, better costs) and increase operational efficiency and productivity.

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