And these digital budgets make up a much larger proportion of their enterprise spend: respondents at AI high performers are over five times more likely than other respondents to report that their organizations spend more than 20 percent of their enterprise-wide revenue on digital...
If 2023was the year the world discoveredgenerative AI (gen AI), 2024 is the year organizations truly began using—and deriving business value from—this new technology. In the latestMcKinsey Global Surveyon AI, 65 percent of respondents report that their organizations are regularly using gen AI,...
The eighth annual State of Fashion report by The Business of Fashion and McKinsey & Company reveals an industry navigating deep uncertainty. Download the full report to understand the 10 themes that will define the industry and the opportunities for growth in the year ahead. Brands Know How to...
CB Insights Intelligence Analysts have mentioned McKinsey & Company in 1 CB Insights research brief, most recently on Aug 16, 2024. Aug 16, 2024 reportAI strategies for 8 of the world’s biggest consultancies: Where Accenture, Deloitte, and 6 other giants are making moves View all research ...
Report In search of cloud value: Can generative AI transform cloud ROI? November 15, 2023- New ROI analysis highlights what it takes to capture the value of cloud computing, and what role generative AI can play. Article Cloud-powered technologies for sustainability ...
“In our experience, gen AI can improve productivity in core CIB activities by between 30 and 90% (in individual use cases), depending on the application. We’ve seen heavy users halve the time to market for many code releases, for example,” added McKinsey. “All told, productivity and ...
While AI continues to influence the way we work in exciting new ways, it is crucial for organizations to apply guardrails to keep it safe. On this episode of The McKinsey Podcast, McKinsey senior partners Alexander Sukharevsky and Lareina Yee dig into McKinsey’s latest report, with editorial...
(Yicai Global) Dec. 1 -- Robotic automation could replace humans in up to 800 million jobs worldwide, equivalent to one-fifth of the global workforce, said a report from consulting firm McKinsey & Co. The report's most conservative estimates on the rise of automation suggest that at least...
"Americans deserve to know whether businesses are using detailed consumer data to deploy surveillance pricing, and the FTC's inquiry will shed light on this shadowy ecosystem of pricing middlemen," Khan added. WHAT IS ARTIFICIAL INTELLIGENCE (AI)?
McKinsey has always focused on bringing innovative solutions to the market and to clients and that is true for their work in digital, design and data science. As part of McKinsey, you’ll get to work with and develop leading-edge technical solutions, learn new and emerging tech platforms, ha...