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How AI Can Transform Agile Enterprises And Enhance Brand Experiences In 2024 And Beyond

Dec 15, 2023 - forbes.com
The article discusses the potential of generative AI (GenAI) to transform enterprises in 2024. The author, Ab Gaur, believes that GenAI will become embedded in the operational fabric of businesses, driving efficiencies and effectiveness. GenAI is already being used in at least one business function by a third of companies surveyed by McKinsey & Company. It is commonly implemented in marketing and sales departments to generate personalized content and measure its conversion rates against non-AI content.

The author outlines three ways in which AI is reshaping agile enterprises: enhancing customer effectiveness through personalized, real-time content; shaping brand image through real-time AI-generated output; and improving operational efficiencies by automating routine tasks. As GenAI continues to scale at the enterprise level, the author expects it to move from general process enhancements to domain-specific capabilities. He also emphasizes the importance of developing an AI measurement system to assess the impact of GenAI on conversion rates, engagement intensity, and brand loyalty.

Key takeaways:

  • Generative AI (GenAI) is expected to become embedded in the operating fabric of enterprises globally in 2024, driving operating efficiencies and effectiveness.
  • GenAI is commonly implemented across marketing and sales departments to leverage personalized AI-generated content and measure its conversion rates against non-AI content.
  • GenAI can enhance personalization and targeting strategies, improve brand image, and increase operational efficiencies.
  • As GenAI continues to scale at the enterprise level, it is expected to move from general process enhancements to domain-specific capabilities, driving processes unique to vertical industries.
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