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As Generative AI Shifts Business Strategy, New ServiceNow and Deloitte Outlook Outlines Key Actions for Business Leaders to Drive Value
NEW YORK, March 4, 2024 /PRNewswire/ -- Generative AI (GenAI) has caught business leaders' and stakeholders' attention alike, but its success will be highly dependent on the human capabilities that empower it, reveals Deloitte and ServiceNow's "2024 Workflow Automation Outlook." Amid the undeniable energy around GenAI, organizations can unlock value by managing the new landscape with operating models that turn unexpected benefits into real business wins. In its third year, the outlook shares five crucial steps leaders can take to gain a competitive edge, build a proactive strategy, and fuel industry innovation — all backed by the power of GenAI In its third year, the outlook shares five crucial steps leaders can take to gain a competitive edge, build a proactive strategy, and fuel industry innovation — all backed by the power of GenAI"Heading into 2024, it's clear that getting the most out of every technology investment remains a number one priority — and leaders need to meet this moment," said Asish Ramchandran, global chief commercial officer, ServiceNow Alliance, Deloitte Consulting LLP. "Now more than ever, organizations must deliver enterprise-wide wins to support revenue growth, while managing operating margins. Modernizing technology stacks and enterprise service management with a focus on cost management and trust will help organizations unlock value with speed, scale and insight Modernizing technology stacks and enterprise service management with a focus on cost management and trust will help organizations unlock value with speed, scale and insight"To put AI to work, we need to find the right balance between risk and opportunity," Erica Volini, senior vice president, Global Partnerships and Channels, ServiceNow. "Deloitte and ServiceNow are stepping up to help organizations benefit from GenAI — more personalized, deeper insights and extraordinary business outcomes and value.""In harnessing the transformative potential of GenAI, we're hearing from leaders across industries who are looking to put a solid and agile foundation in place to drive value realization," said Christina Bieniek, deputy chief executive officer, Deloitte Consulting LLP. "Through our longstanding relationship with ServiceNow, we're supporting organizations as they face both the challenges and opportunities presented by GenAI to emerge with a competitive advantage and strategic roadmap for the future "Through our longstanding relationship with ServiceNow, we're supporting organizations as they face both the challenges and opportunities presented by GenAI to emerge with a competitive advantage and strategic roadmap for the futureThe "2024 Workflow Automation Trends Outlook" outlines five areas of focus:The 2024 Outlook comes on the heels of several announcements from the ServiceNow and Deloitte alliance, including a recent alliance expansion to integrate Now Assist GenAI capabilities with Deloitte's Operate services globally. Deloitte has also launched its new ServiceNow Assets & Solutions Group (ASG), a dedicated team built to harness the power of the ServiceNow platform to deliver industry-specific outcomes for clients. Additionally, Deloitte has been recognized by ServiceNow as 2024 Partner of the Year, building on an 11-year alliance relationship Additionally, Deloitte has been recognized by ServiceNow as 2024 Partner of the Year, building on an 11-year alliance relationshipIn addition, Deloitte was very recently recognized for a series of ServiceNow global awards including:Deloitte continues to scale its AI capabilities, alliances and offerings following the introduction of its Generative AI practice in 2023. With a full spectrum of tailored AI services, Deloitte supports clients at every stage of their transformational journey, from developing AI strategies to building and implementing GenAI solutions that enhance productivity and deliver greater client impact. These tools are applied with Deloitte's Trustworthy AI™ framework to manage AI risks and improve user confidence. Deloitte is also investing +$2 billion in global learning and development initiatives to boost skills in AI and other areas Deloitte is also investing +$2 billion in global learning and development initiatives to boost skills in AI and other areasTo read the full 2024 Workflow Automation Outlook and learn more about the ServiceNow and Deloitte alliance, visit: Drive Value from GenAI—and Beyond (deloitte.com).About DeloitteDeloitte provides industry-leading audit, consulting, tax and advisory services to many of the world's most admired brands, including nearly 90% of the Fortune 500® and more than 8,500 U.-based private companies. At Deloitte, we strive to live our purpose of making an impact that matters by creating trust and confidence in a more equitable society. We leverage our unique blend of business acumen, command of technology, and strategic technology alliances to advise our clients across industries as they build their future. Deloitte is proud to be part of the largest global professional services network serving our clients in the markets that are most important to them. Bringing more than 175 years of service, our network of member firms spans more than 150 countries and territories. Learn how Deloitte's approximately 457,000 people worldwide connect for impact at www.deloitte.comcomServiceNow, the ServiceNow logo, Now, Now Platform, and other ServiceNow marks are trademarks and/or registered trademarks of ServiceNow, Inc. in the United States and/or other countries. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as "Deloitte Global") does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the "Deloitte" name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firmscom/about to learn more about our global network of member firmsSOURCE Deloitte Consulting LLPKey takeaways Human performance — the mutually reinforcing cycle of business and human outcomes — shows that instead of prioritizing business issues...Today, Deloitte announced Atlas AI™, the latest addition to its Quartz AI™ suite of cross-industry solutions built on the NVIDIA AI and NVIDIA...
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