If 2023 was the year the world discovered generative #AI, 2024 is the year of implementation (and deriving value from) this breakthrough technology. 🙌 Our State of AI 2024 survey is out, and our latest findings show that organizations are already seeing material benefits from gen AI use, reporting both cost decreases and revenue jumps in the business units deploying the technology. Overall, 65% of respondents report that their organizations are regularly using gen AI now – nearly double what our previous survey found just 10 months ago. There’s a lot more to unpack. For the latest insights, check out the full survey. 👉 https://lnkd.in/eADN79Cd #AIbyMcKinsey #ArtificialIntelligence #GenerativeAI #Innovation
QuantumBlack, AI by McKinsey
IT Services and IT Consulting
Intelligence. Beautifully Engineered.
About us
We are QuantumBlack, AI by McKinsey. We bring the power of Artificial Intelligence combined with the unique strengths of people, to create a new source of dynamic, competitive advantage we call hybrid intelligence. QuantumBlack was born and proven in Formula 1, where teams live and breathe data. Today, we are the Artificial Intelligence (AI) arm of McKinsey & Company. At QuantumBlack, you’ll tackle critical problems faced by the world’s leading organizations—and society—while collaborating with the brightest strategic, data science and engineering minds. We put the health and safety of our people - candidates, clients, communities - first. We provide flexibility for our people to shape their working models. In today’s competitive environment, organisations that respond faster to change, with better insight and greater precision, hold a sustainable advantage. At the same time, information has gone from scarce to superabundant, affording an unprecedented opportunity for them to do so. Effective decision-making is therefore increasingly underpinned by data processing and technology capabilities. QuantumBlack, AI by McKinsey 🔎 ⬇️ Follow and like posts that use the following hashtags, most relevant to you, to see more from our community: #QuantumBlack This is our general tag where you can discover all things QuantumBlack #AIbyMcKinsey This is where you can learn all about our insights, AI experimentation, and key tips that could help as you explore what AI can do for your business #HybridIntelligence Explore what this term means, and why it’s been integral to the evolution of technology and human achievement. #LifeatQB Our colleagues use this tag for events, training, socials, and offers a glimpse inside our culture #QBCareers If you’re interested in joining QuantumBlack, be sure to keep an eye on this one. Our team will use it to let you know about upcoming events and new roles.
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https://www.mckinsey.com/business-functions/quantumblack/how-we-help-clients
External link for QuantumBlack, AI by McKinsey
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- IT Services and IT Consulting
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- 2009
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- Data Science, Data Analytics, Bespoke Engineering, Decision Mapping, Options Analytics, Information Design, Sourcing Intelligence, Resource Planning, Training, Data Visualisation, artificial intelligence, machine learning, MLOps, Advanced Analytics, Data Pipelines, AI innovation, Reinforcement Learning, AI and business consulting, Performance management, hybrid intelligence, Data, IoT, AI scale, and AI risk management
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Updates
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“For me, the magic is less about a single technology or singular trend and more about the combined power of bringing several technologies together.” - Kate Smaje, Senior Partner. Generative AI is in the spotlight. However, when considering this technology, leaders risk overlooking other lower profile digital initiatives. In this episode of The McKinsey Podcast, senior partners Rodney W. Zemmel and Kate Smaje explain how to ensure that your digital initiatives – including gen AI – work in tandem to drive meaningful value. https://lnkd.in/daxra9Gc #QuantumBlack #AIbyMcKinsey #ArtificialIntelligence #LifeSciences
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The advent of generative AI has created the “perfect storm” for leaders wanting to explore the potential of these powerful technologies. The five questions below come from a webinar with Yaron Haviv, Co-Founder and CTO at Iguazio (Acquired by McKinsey), during which we discussed together how to transform enterprise operations with gen AI. 👇 Companies are starting to implement gen AI across a number of use cases, but in these technological waters, there are many pitfalls to avoid and strategies to consider. These questions represent a number of frameworks that can help enterprises effectively implement and scale gen AI while avoiding risk. To learn more about what each question means, read our latest Medium blog 👉 https://lnkd.in/ewmabSCA #AIbyMcKinsey #ArtificialIntelligence #Digital #GenerativeAI
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Can Europe compete in the race to develop and deploy generative AI? Yes, according to our global leader, Alexander Sukharevsky - here’s why. 👇 In the latest video in our Lifting Europe’s Ambition series, Alexander Sukharevsky explains that Europe’s deep stores of tech talent, established digital culture, and leading AI regulation mean it is in a good position to challenge its global competitors. You can watch the full video here: https://lnkd.in/eHmunBm8 And read the transcript: https://lnkd.in/eHPUbJ5h #QuantumBlack #AIbyMcKinsey #ArtificialIntelligence #GenerativeAI
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Fill in the blank: after years of little meaningful change, AI adoption rose last year, with ___ of organizations having adopted the tech in at least one business function. 🔎 For the past six years, AI adoption has hovered at around 50%, but our latest State of AI report discovered that this figure jumped considerably in the past 12 months. Generative AI is the key reason behind this. Over half of businesses are now using gen AI regularly in at least one business function - up a third from 2023 - with the majority of its uses being in marketing and sales, and product development. #QuantumBlack #AIbyMcKinsey #GenerativeAI #ArtificialIntelligence
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Our Technology Trends Outlook 2024 has landed, and there are so many interesting findings to unpack! 🚀 👇 This year’s trend themes include: - The AI revolution - Building the digital future - Cutting-edge engineering - Compute & connectivity frontiers - A sustainable world The current macroeconomic environment, marked by elevated interest rates, has affected equity capital investment and hiring. However, underlying indicators—including optimism, innovation, and longer-term talent needs—suggest a promising future for our analyzed technology trends. Find out more about our predictions here: https://lnkd.in/eu-__gB8 #McKinseyTechTrends #McKinseyTechnologyCouncil #McKinseyDigital #QuantumBlack
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Artificial intelligence can help us solve some of the world’s most challenging and intractable problems. There have been dramatic advances in the AI field over the past two years, and the technology’s potential to help us address social issues is ever-expanding. As the technology moves from predictive to generative capabilities, its impact on organizations of all sizes spans across sectors, and there is a real opportunity to harness AI's potential to deliver positive social change in the world. However, as often with AI, it is important to keep ethics front of mind. To you, what of the following ethical considerations is the most challenging to implement in social good projects to ensure trust? 👇 #ArtificialIntelligence #AIbyMcKinsey #Digital
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Test your knowledge! Can you guess the missing words from these well-known data-related phrases? 👇 Here are some hints for each! 1: An early conceptual design for a computer proposed in the 1830s, and considered the first design for a general-purpose mechanical computer. 👨💻 2: The concept of blending the power of human expertise with the computational capabilities of machines. 🤝 🧠 3: An approach in data and AI development where a major change, implementation, or migration is executed in a single large-scale effort, rather than gradually. 💥 4: Systems that can accommodate various types of data, including structured, semi-structured, and unstructured. 🧱 Write your answers in the comments! #QuantumBlack #Technology #ArtificialIntelligence #AIbyMcKinsey
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Despite generative AI interest surging around the world, few businesses are seeing sustainable value from their models. So, what’s driving this disconnect? And how can businesses achieve scale? Our next webinar will take a look. 👀 Join us next Wednesday the 17th at 11 am ET, for the second webinar in a three-part series exploring how organizations can unlock the full value of gen AI. This time, we’ll be exploring how to scale your use cases successfully, including: the core dimensions of a digital and AI transformation; the best practices for capability building; and how to address gen AI risks. Register here: https://mck.co/4cQu7Tk See you there! #QuantumBlack #AIbyMcKinsey #GenerativeAI #ArtificialIntelligence
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Managing data remains one of the main barriers to value creation from generative AI. About 70% of AI top performers say they’re experiencing difficulties integrating data into their AI models. So, how can data and AI leaders tackle those challenges to move from pilot to scale? Gen AI tools can accelerate the development of data products and data platforms – as well as improve their performance. Here are three actions that leaders can consider to strengthen the readiness of their data for gen AI use cases. 👇 Read more about these actions and why they matter: https://lnkd.in/e8aZ7WRc #AIbyMcKinsey #GenerativeAI #ArtificialIntelligence