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Most Canadian Businesses Need an Action Biased Strategy to Maximize AI Benefits and Manage Risks: New Bell Study

Most Canadian Businesses Need an Action Biased Strategy to Maximize AI Benefits and Manage Risks:...

articleBce Inc.November 14, 20245/company/bce-inc/news/most-canadian-businesses-need-an-action-biased-strategy-to-maximize-ai-benefits-and-manage-risks-new-bell-study
Most Canadian Businesses Need an Action Biased Strategy to Maximize AI Benefits and Manage Risks: New Bell Study

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[{"type":"text","content":"\n\n\n\n\n Most Canadian Businesses Need an Action Biased Strategy to Maximize AI Benefits and Manage Risks: New Bell Study\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prnsbbb1{\nBORDER-BOTTOM:black 1pt\n}\n.prnvab{\nVERTICAL-ALIGN: BOTTOM\n}\n.prnsblb1{\nBORDER-LEFT:black 1pt\n}\n.prnsbtb1{\nBORDER-TOP:black 1pt\n}\n.prnpr2{\nPADDING-RIGHT:0.17em\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnrbrb1{\nBORDER-RIGHT:black 1pt\n}\n.prnpl2{\nPADDING-LEFT:0.17em\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n About 60 per cent of Canadian organizations that have adopted AI, have limited to no AI strategy in place to guide deployment, risks and expected value.\n \n\n\n\n Reducing and automating tasks is the top GenAI use case amongst Canadian businesses, followed by drafting and editing documents.\n \n\n\n\n Improved quality of product (54 per cent) and a decreased time to market (52 per cent) have been cited as key return on investment areas for early GenAI adopters.\n \n\n\n\n\n MONTRÉAL\n \n ,\n \n\n Nov. 14, 2024\n \n\n /CNW/ - According to a new Bell study released today, about 60 per cent of Canadian businesses that have adopted AI have limited to no AI governance strategy in place to guide deployment, risks and expected value. While more professionals are leveraging AI at work, there is a growing need for Canadian businesses to have strategic support to maximize the benefits and manage risks.\n \n\n Bell's study,\n \n \"Navigating the Generative AI and Cybersecurity Journey\"\n \n brings together survey findings from 600 business leaders, information technology and security professionals of medium to large-scale enterprises from diverse industries. The findings illustrate how organizations have adopted GenAI in the workplace, and where they have found the technology most beneficial. The report also offers a clear view of the apparent threats AI may bring to businesses, and how organizations can implement early safeguards to avoid pitfalls.\n \n\n The 2024 study...

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