Gartner: only 3% of organizations hit their AI targets

Gartner reports that 75% of board members expect AI to boost productivity and cut costs, yet only 3% of organizations have met their goals. Some 38% of companies are over budget on AI spending, while 85% plan to spend even more in 2027.

• 75% of board members expect AI to deliver productivity gains and cost savings
• Only 3% of organizations have hit their AI targets
• 38% of companies are over budget on AI; 85% will spend more in 2027
• AI frees up only about 20% of employees' time