Report surveyed over 2,300 IT and business leaders in 12 industries and 34 countries.
-
97% of CEOs globally anticipate a material impact from this technology.
-
99% of organizations globally (100% in India) are planning further GenAI investments.
-
90% said legacy infrastructure hinders effective use of GenAI.
India, November 15, 2024: NTT DATA, a global digital business and IT services leader, today released the first results of its extensive original research that reveals “playtime is over” for GenAI. The results overwhelmingly found that leaders are turning their focus from experimentation to long-term use cases that transform business performance, workplace culture, compliance, safety, and sustainability.
The study, “Global GenAI Report: How organizations are mastering their GenAI destiny in 2025,” found that almost all leaders surveyed already have invested in GenAI, and 83% [India: 67%] have established “expert” or “robust” GenAI teams. Top use cases for GenAI include:
- Personalized service recommendations and knowledge management
- Quality control
- Research and Development (R&D)
In India, top use cases for GenAI include:
- Quality control
- Risk assessment and fraud detection
- Personalized service recommendations and knowledge management Process automation
“The future is clear. Generative AI is more than just another tool—it’s a transformative force,” said Yutaka Sasaki, President and Chief Executive Officer, NTT DATA Group. “As we move beyond experimentation, a tension emerges: move too fast, and we risk unintended circumstances; move too slow, and we fall behind. Getting GenAI right isn’t optional. That’s why we’re providing a blueprint to help our clients harness its potential for lasting success.”
Two-thirds of C-suite respondents said GenAI will be a “game changer” over the next two years and will improve:
- Productivity and efficiency
- Sustainability
- Compliance
- Business processes
- Security
- Employee experience
While in India, two-thirds of C-suite respondents said GenAI will improve:
- Maintaining competitiveness
- Accelerate innovation
- Compliance and process adherence
- Improve security
- Revenue growth
Strategy and Transformation
A cycle of consolidation and integration of GenAI technologies is beginning that combines experimental, phased, and specific approaches. Focused spending plans will replace scattered experimentation in a relatively short time:
- 97% [India: 96% of C-Suite] of CEOs anticipate a material impact from this technology.
- 70% [India: 84% C-suite] of CEOs expect significant transformation in 2025.
- 83% [India: 95%] of respondents said they have a well-defined GenAI strategy in place, but 51% [India: 37%] have not yet aligned that strategy with their business plans. This gap limits return on investment and satisfaction with current outcomes.
Innovation and Technology
Nearly all respondents agree GenAI can spark creativity and improve R&D activities. Given the rapid adoption and advancement of GenAI technology, organizations will have to constantly re-evaluate and evolve their strategies and operating models. Key findings:
- 90% [India: 87%] said legacy infrastructure hinders effective use of GenAI.
- 96% [India: 100% (IT decision-makers)] of CIOs and CTOs said cloud-based solutions are the most practical method for supporting GenAI applications.
People and Culture
96% [India: 100%] of respondents are considering how GenAI can streamline future employee workflows and support processes. However, 67% [India: 55%] of respondents said their employees lack the necessary skills to work with GenAI. About half are planning employee education and training to increase GenAI adoption.
The top obstacles to adoption are:
- Users who perceive limited value for a GenAI solution
- Limited or no awareness of the solution
- User resistance to the technology
- Concerns about GenAI’s safety and security
Whereas in India, the top obstacles to adoption are:
- Need for user training
- Concerns about GenAI’s safety and security
- Users who perceive limited value for a GenAI solution
- Limited/no awareness of the GenAI solution
Ethics, Safety, and Sustainability
As GenAI infuses into daily life, balancing responsibility and innovation will be a moral imperative as well as a strategic necessity for leaders, organizations, and society as a whole. Leaders largely recognize a mandate to strike this balance. Specifically:
- 81% said it’s “very important” for leaders to help employees balance innovation and responsibility. However, India leaders have called out user resistance to the technology.
- 72% said their organization lacks a GenAI usage policy for employees, including guidance on protecting intellectual property, whereas in India concerns have been expressed about GenAI’s safety and security.
- 45% of CISOs expressed concerns about the technology, saying they feel “pressured, threatened, or overwhelmed.”
- 82% [India: 81%] said government regulations on AI are unclear, which hinders GenAI strategies, and most respondents expect spending on GenAI-related regulatory compliance will increase.
Despite significant challenges, 68% [India: 79%] of respondents globally said they feel “excited” and “amazed” about GenAI’s transformative potential.
“This is a powerful point in world history as GenAI is shaping up to be a huge force in our tech-enabled economy,” said Abhijit Dubey, Chief Executive Officer, NTT DATA, Inc. “In supporting and driving this next era, NTT DATA feels an acute responsibility to our clients, our people, and society to ensure that everything we design, implement, deploy, and manage is highly resilient, capable, and responsible.”
Also read: Viksit Workforce for a Viksit Bharat
Do Follow: CIO News LinkedIn Account | CIO News Facebook | CIO News Youtube | CIO News Twitter
About us:
CIO News is the premier platform dedicated to delivering the latest news, updates, and insights from the CIO industry. As a trusted source in the technology and IT sector, we provide a comprehensive resource for executives and professionals seeking to stay informed and ahead of the curve. With a focus on cutting-edge developments and trends, CIO News serves as your go-to destination for staying abreast of the rapidly evolving landscape of technology and IT. Founded in June 2020, CIO News has rapidly evolved with ambitious growth plans to expand globally, targeting markets in the Middle East & Africa, ASEAN, USA, and the UK.
