1、IBM Institute for Business Value|Research InsightsGenerating ROI with AISix capabilities that drive world-class results2Clients can realize the potential of AI,analytics,and data using IBMs deep industry,functional,and technical expertise;enterprise-grade technology solutions;and science-based resea

2、rch innovations.For more information about AI services from IBM Consulting,visit more information about AI solutions from IBM Software,visit more information about AI innovations from IBM Research,visit IBM can help1Most AI projects arent profitable enoughyet.As AI matures,ROI on enterprise-wide ini

3、tiatives averaged only 5.9%,well below the typical 10%cost of capital.Data is crucialbut only one piece of the puzzle.Building on trusted,high-quality data at scale boosted returns on AI investments to as much as 9%.Companies can strike gold with the right approach.Best-in-class companies that have

4、built six mature capabilities reported average ROI of 13%on AI projects.Mature capabilities differentiate the AI projects that deliver the highest ROI.Key takeaways23All eyes are on AI Artificial intelligence is suddenly sexyagain.Generative AI has taken the business world by storm,with large langua

5、ge models(LLMs)such as OpenAIs ChatGPT,Baidus ERNIE,Googles LaMDA and Facebooks LLaMA splashed across the news.And executives arent immune to the hype.References to AI on earnings calls were up 77%year-over-year in early 2023.1 And the money is following.AI is becoming an ever-larger component of IT

6、 budgets,with worldwide spending on AI-centric systems expected to hit$154 billion this yearup 27%over 2022.2 But will enterprises spend these resources wisely?As AI models become faster,smarter,and more reliable,organizations are racing to capitalize.Can the return on investment(ROI)match expectati