Article-McKinsey Quarterly Freeport-McMoRan turns data into value June 22, 2023- A copper miner develops a recipe for success along its AI transformation journey. Report On the brink: Realizing the value of analytics in insurance February 22, 2023- ...
Banks should begin this far-reaching initiative by translating the AI-first vision into an enterprise strategy that merges technology with business, funding investments in innovation with the returns on incremental changes in technology.6,” November 2020, McKinsey....
According to IDC, global spending on digital transformation is forecasted to reach $3.4 Trillion in 2026, with a five-year compound annual growth rate (CAGR) of 16.3%. A survey conducted by McKinsey found that 70% of digital transformations still need to reach their objectives. However, on av...
but they don’t have complete control. According to asurveyin IDG’s “Digital Business Transformation 2019” report, the CIO still takes major control of the digital transformation process: “Only the CEO has leadership over developing a workforce strategy (41% CEO vs. 36% CIO) ...
McKinsey. How COVID-19 Has Pushed Companies over the Technology Tipping Point—And Transformed Business Forever; McKinsey & Company: New York, NY, USA, 2020. [Google Scholar] OECD. Digital Transformation in the Age of COVID-19: Building Resilience and Bridging Divides, Digital Economy Outlook ...
Forbesshowcased astudyby Boston Consulting Group that found that a staggering 70% of digital transformation projects fall short of their goals despite leadership being aligned. According to aMcKinsey study, a massive 70% of all digital transformations fail due to a number ofreasons. ...
McKinsey and Company (2016) reported that about 900 million people were connected internationally on social media, 360 million people were active in cross-border electronic commerce (e-commerce), and approximately 12 % of the world’s merchandise trade is conducted by e-commerce, much of which ...
and an environmental impact that has become unjustifiable in today’s world. McKinsey Global Institutereportsa global productivity gap of $1.2 trillion, which can be mitigated simply by improving the performance of the industry. The industry is snapping into action: Investing in new ways of working...
But in reality, digital marketing is a tough challenge since many businesses know how vital digital and mobile channels are today for acquiring and retaining customers. Yet the research shared below shows that many businesses don't have an integrated plan to support...
Here’s the kicker: McKinsey says AI tech could create$4.4 trillion of valuein marketing and sales worldwide. That’s serious cash. 1.Jasper AI Jasper AI has come a long way since its early days as a simple writing tool. In 2025, it’s now a full-fledged marketing copilot that does...