Senior Executives Embrace AI for Business Growth | Bengaluru News – Times of India ...Middle East

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Senior Executives Embrace AI for Business Growth | Bengaluru News – Times of India
Bengaluru: More than 8 out of 10 (86%) senior business leaders have already deployed AI to enhance existing revenue streams or create new ones, according to the ‘TCS’s AI for Business Study’. The report revealed that 69% of businesses are more focused on using AI to spur innovation and increase revenue than on productivity improvement and cost optimization.The TCS Thought Leadership Institute surveyed nearly 1,300 CEOs and other senior executives with P&L responsibilities across 12 industries and 24 countries.About half of the companies surveyed had annual revenues ranging from $1 billion to $5 billion, and the other half had o

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