5 days ago

AI’s Next Phase Shifts Enterprise Focus From Experiments to Economics

AI’s Next Phase Shifts Enterprise Focus From Experiments to Economics
From experimentation to economics: AI’s next phase · financialexpress.com

Many companies have been trying out AI in small projects.

The article says the next step is to see whether AI improves business results.

Banks and insurers can use it to help with tasks like fraud detection and customer service.

Shops and online businesses can use it to help customers find products and manage stock.

Telecom companies can use AI to answer customer questions and improve their networks.

Factories can use it to reduce breakdowns and waste.

These changes may help companies earn more or spend less.

The article says investors should look for measured results, not just AI experiments.

Key facts

Sectors identified as ahead
BFSI; digital-native retail and consumer businesses; telecom; manufacturing
BFSI use cases
Underwriting, collections, compliance, customer servicing, cross-selling, wealth management, and software development
Retail and consumer use cases
Discovery, search, recommendations, pricing, promotions, inventory, fulfilment, fraud, and customer service
Telecom example
A large Indian telecom operator’s GenAI assistant handles millions of customer interactions monthly.
Potential telecom productivity gain
The article says a 10–20% productivity improvement could be material to EBITDA.
Manufacturing use cases
Computer vision, predictive maintenance, supply-chain forecasting, digital twins, robotics, and physical AI
Authors
Karan Taurani, EVP at Elara Capital, and Piyush Gupta, VP, APAC, Middle East, India, at VULTR

Sources

Related news