Forbes October 18, 2024
Umesh Sachdev is CEO & cofounder of Uniphore, a large AI-native, multimodal enterprise-class SaaS company. He’s based in Palo Alto, CA.
AI is the darling of Fortune 500 earnings calls, yet a devil in disguise in the boardroom.
We’ve seen an explosion of AI application companies in the past 24 months, yet despite the craze and hefty AI budgets, just a mere 5% of generative AI (Gen AI) deployments are yielding a meaningful share of EBIT improvements, according to McKinsey.
The culprit? A staggering 28% of enterprise decision-makers admit to struggling with Gen AI integration. As companies rush headlong into the AI gold rush, many are finding that their proof-of-concept demos are colliding hard with the realities of practical implementation.
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