From Growth Gap to Growth Pipeline: Innovating Towards Success Leveraging Artificial Intelligence (AI)
The rise of enterprise digitalization and the widespread proliferation of Internet of Things (IoT) applications is resulting in vast quantities of complex, structured, and unstructured data, necessitating real-time processing to extract valuable insights. To harness the power of data, organizations are faced with the uphill task of overcoming challenges like complex technology integrations, minimizing data discrepancy, eliminating security vulnerabilities, and navigating accessibility hurdles, while effectively providing a strong return on investment (ROI) on existing AI investments. Further, with the democratization of AI, navigating the evolving information and communication technologies (ICT) landscape is becoming increasingly complex, as industry incumbents encounter a widening gap between their growth projections and the pace of expansion in their total addressable markets. Amid these transformational headwinds, do you have a robust growth pipeline management system in place to help you overcome the AI growth gap?
As AI and data analytics continue to evolve, disruptive technologies that once only data scientists could understand and leverage are now paving the way for tailored AI solutions across multiple industries. It is critical for businesses to adapt to this transformation because the lack of a cohesive and agile AI articulation strategy can impede large-scale AI deployments and hinder growth.
• How do you plan to ensure data readiness in your organization to capitalize on this transformation?
• Which best practices will empower you to monetize innovative business models in AI and Data Analytics?
• How are you preparing to vanquish the growth gap in your sector to thrive amid the changing AI landscape?
Embracing Transformation in AI to Build Your Growth Pipeline
As the AI revolution continues to create headwinds, its potential impact on businesses, economies, and societies makes it a pivotal technology in the digital landscape of an enterprise. Further, the advent of multimodal AI, the proliferation of generative AI (GAI), advancing computer vision technologies, and evolving edge-to-cloud platforms is unleashing new prospects across multiple sectors and job functions. From industrial automation, streamlining operations, and enriching customer experience (CX) to customizing service portfolios, creating customer value, and establishing long-term strategic differentiation, AI is generating a pipeline of cross-industry growth opportunities for technology companies and service providers to bridge the growth gap.
• What frameworks do you use to identify new growth opportunities?
• How do you know which opportunities will help you maximize the ROI on your AI investments?
• Which go-to-market strategies will empower you to surpass your growth projections?
• How will you execute and implement these strategies?
Frost & Sullivan’s Growth Pipeline Engine helps organizations answer these questions and accelerate growth by eliminating strategic distractions. Our unique framework connects five integral phases of business development into a continuous loop—from opportunity evaluation, go-to-market strategies, planning and implementation to monitoring and optimization. We help you pinpoint your growth zone by weighting the global AI landscape against your vision to:
Identify Growth Opportunities fuelled by six unique perspectives.
Recognize Best Practices, identify disrupters, and implement innovative growth strategies.
Prioritize Companies2Action to find potential strategic partners that shape the future of AI and data analytics.
By acknowledging the AI growth gap, identifying the right opportunities, and successfully executing go-to-market strategies, businesses can drive long-term, sustainable growth by establishing a robust AI growth pipeline.
Are You Ready to Evaluate Your AI Alignment and Transform Your Business?
To navigate evolving business ecosystems, companies across the ICT continuum must identify and overcome crucial growth barriers. The key to success is prioritizing the opportunities that align with your growth vision and implementing the best-fit strategies. Frost & Sullivan has six decades of experience in connecting global mega trends, emerging technologies, and new business models to drive radical growth. We help companies identify, evaluate, and prioritize best-fit opportunities that empower them to thrive through change.
Let us guide you through your transformation journey by working collaboratively with the ecosystem community of companies in the AI and Data Analytics continuum. This journey is fuelled by four powerful components, ensuring your success in navigating industry changes:
Schedule a Growth Dialog with our team to dive deeper into transformational strategies and explore specific needs within your company.
Become a Frost Growth Expert in your area of specialization and share your expertise and passion with the community through our Think Tanks.
Join Frost & Sullivan's Growth Council and gain access to think tanks focused on transformational growth strategies for AI and Data Analytics.
Designate your company as a Companies2Action to increase exposure to investors, new M&A opportunities, and other growth prospects for your business.