Think Big, Start Small, Scale Fast – The AI Success Recipe for Nordic Companies
In this report, we consider the maturity of AI in the Nordic companies. Many Nordic companies have a good understanding of how and when AI will affect their business and are starting to adopt AI in their organizations. Most of the Nordic companies we surveyed are focusing on applications for revenue growth rather than cost reduction and efficiency, and many are increasing annual investments in AI and understand its implications for the workforce. Despite their strong forward momentum in scaling up AI, Nordic companies are facing such challenges as talent shortages, lack of robust in-house technology platforms, and limited clarity around value-driving business cases. We address these findings and conclude our study with the AI agenda: core topics for Nordic companies to address in order to achieve AI at scale.